---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-011717"
form_type: "8-K"
ticker: "VTSI"
cik: "0001085243"
company_name: "VirTra, Inc"
filed_at: "2022-05-02T23:59:59+00:00"
generated_at: "2026-06-26T01:53:33.861751+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# VirTra appoints John Givens as co-CEO, effective May 2, 2022

## Summary
- John Givens, a director since Nov 2020, named co-CEO alongside Chairman Bob Ferris.
- Annual base salary of $298,990; signing bonus of 64,815 restricted shares vesting after 12 months.
- Granted 288,889 performance-based RSUs tied to net profit thresholds: $2.5M (2022), $3M (2023), $3.5M (2024).
- Givens founded Bohemia Interactive Simulations, sold to BAE Systems for $200M in 2022.
- Independent board members decrease to two; company plans to add another independent director.

## SEC filing metadata
- accession: 0001493152-22-011717
- form_type: 8-K
- ticker: VTSI
- cik: 0001085243
- company_name: VirTra, Inc
- filed_at: 2022-05-02T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1085243/000149315222011717/0001493152-22-011717-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1085243/000149315222011717/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-011717
- JSON: https://secwatch.observer/filing/0001493152-22-011717.json
- Plain text: https://secwatch.observer/filing/0001493152-22-011717.txt

## Key facts
- Executive change
  John Givens was appointed as co-Chief Executive Officer at VirTra, Inc.
  - Action: appointed
  - Role: co-Chief Executive Officer
  source text: On May 2, 2022, VirTra, Inc. announced the appointment of John Givens as its co-Chief Executive Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1085243/000149315222011717/0001493152-22-011717-index.htm

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