---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-26-003674"
form_type: "8-K"
ticker: "KARX"
cik: "0001729637"
company_name: "Karbon-X Corp."
filed_at: "2026-06-05T20:59:02+00:00"
generated_at: "2026-06-05T21:00:12.738184+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Karbon-X appoints Chad Clovis as CEO with $450K base, 1.5M options, $150K milestone bonus

## Summary
- Chad Clovis appointed CEO of Karbon-X effective May 18, 2026 with base compensation of $450,000 per year.
- Executive granted 1,500,000 stock options under 2024 Stock Option Plan and eligible for $150,000 bonus upon NASDAQ listing or change of control.
- Severance includes continuation of base salary for 12 months if terminated without cause; double that period for change-in-control termination.
- Clovis operates as independent contractor, not employee; no personal liability for company debts.

## SEC filing metadata
- accession: 0001477932-26-003674
- form_type: 8-K
- ticker: KARX
- cik: 0001729637
- company_name: Karbon-X Corp.
- filed_at: 2026-06-05T20:59:02+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1729637/000147793226003674/0001477932-26-003674-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1729637/000147793226003674/karx_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-26-003674
- JSON: https://secwatch.observer/filing/0001477932-26-003674.json
- Plain text: https://secwatch.observer/filing/0001477932-26-003674.txt

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