---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-073263"
form_type: "8-K"
ticker: "TSLA"
cik: "0001318605"
company_name: "Tesla, Inc."
filed_at: "2025-08-04T23:59:59+00:00"
generated_at: "2026-05-17T21:22:54.318937+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Tesla grants Elon Musk 96M restricted shares interim award at $23.34, 2-year vest

## Summary
- 96 million restricted shares awarded to CEO Elon Musk; purchase price $23.34/share, subject to HSR approval.
- Vesting after two years of continuous service; mandatory five-year holding period from grant date.
- Award forfeited or reduced if Delaware courts fully reinstate the 2018 CEO Performance Award (no double dip).
- Special Committee (Denholm, Wilson-Thompson) recommended; Board approved with Musk and Kimbal Musk recusing.
- Illustrative accounting fair value ~$23.7B; no compensation expense currently expected to be recognized.

## SEC filing metadata
- accession: 0001104659-25-073263
- form_type: 8-K
- ticker: TSLA
- cik: 0001318605
- company_name: Tesla, Inc.
- filed_at: 2025-08-04T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1318605/000110465925073263/0001104659-25-073263-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1318605/000110465925073263/tm2522385d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-073263
- JSON: https://secwatch.observer/filing/0001104659-25-073263.json
- Plain text: https://secwatch.observer/filing/0001104659-25-073263.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.