secwatch.observer — SEC 8-K summary
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Issuer:     GridAI Technologies Corp. (GRDX)
CIK:        0001604191
Form:       8-K
Filed at:   2025-12-23T23:59:59+00:00
Accession:  0001104659-25-124213
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GridAI appoints Jason D. Sawyer as permanent CEO; new consulting agreement with $25k/mo base, RSUs, and severance terms
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- Jason D. Sawyer appointed permanent CEO effective Dec 19, 2025, transitioning from interim role.
- Amended consulting agreement with Access Alternative Group for CEO services; initial 2-year term renewable yearly.
- Base cash compensation $25,000/month retroactive to Oct 1, 2025; plus $20,000/quarter for Nasdaq compliance.
- One-time payment of $150,000 + 400,000 shares upon shareholder approval of Grid AI Corp acquisition.
- RSUs for 1,000,000 shares vesting quarterly in 2026; accelerate on termination without cause or change of control.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1604191/000110465925124213/0001104659-25-124213-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1604191/000110465925124213/tm2534228d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-124213

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