---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-21-021479"
form_type: "8-K"
ticker: "VTSI"
cik: "0001085243"
company_name: "VirTra, Inc"
filed_at: "2021-08-27T23:59:59+00:00"
generated_at: "2026-06-29T07:12:50.105535+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# VirTra grants performance-based RSUs to CEO and COO; salaries increased after first comprehensive review since 2012

## Summary
- CEO Robert Ferris granted 224,133 performance-based RSUs tied to net profit targets ($2.5M-$7M in FY2022).
- COO Matthew Burlend granted 168,090 performance-based RSUs with similar performance targets.
- Base salaries raised to $349,860 (CEO) and $251,140 (COO) effective August 15, 2021.
- Also granted 14,057 restricted shares to CEO and 10,543 to COO based on trailing 12-month performance.
- This is the first comprehensive compensation review for CEO and COO since 2012.

## SEC filing metadata
- accession: 0001493152-21-021479
- form_type: 8-K
- ticker: VTSI
- cik: 0001085243
- company_name: VirTra, Inc
- filed_at: 2021-08-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1085243/000149315221021479/0001493152-21-021479-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1085243/000149315221021479/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-21-021479
- JSON: https://secwatch.observer/filing/0001493152-21-021479.json
- Plain text: https://secwatch.observer/filing/0001493152-21-021479.txt

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