secwatch.observer — SEC 8-K summary
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Issuer:     UNITED STATES ANTIMONY CORP (UAMY)
CIK:        0000101538
Form:       8-K
Filed at:   2026-10-02T11:01:32+00:00
Accession:  0001104659-26-113036
Event type: leadership
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

UAMY retains CEO Gary C. Evans under 3-year deal at $430,000 base salary, 100% target bonus
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- Employment agreement effective August 1, 2026 runs three years with automatic one-year renewals; Evans reports to the board and must be nominated for election as a director.
- Base salary $430,000 per year, reviewed annually; target annual cash bonus equals 100% of base salary, with a maximum payout of 200%, set by the Compensation Committee.
- Eligible for annual equity awards under the 2023 Plan in a range of 200% to 250% of base salary; all outstanding awards vest on a change in control unless assumed or replaced.
- Change-in-control termination pays 2x salary plus target bonus over 24 months; other terminations pay 1.5x over 18 months plus a pro-rated bonus, subject to a mutual release.
- Non-compete and non-solicitation covenants run during employment and 1-2 years after termination; principal workplace is Dallas, Texas; five weeks paid vacation annually.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/101538/000110465926113036/0001104659-26-113036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/101538/000110465926113036/tm2626607d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-113036

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