---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-005488"
form_type: "8-K"
ticker: "AWCA"
cik: "0001021917"
company_name: "Awaysis Capital, Inc."
filed_at: "2023-02-17T23:59:59+00:00"
generated_at: "2026-06-19T07:44:52.112967+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Awaysis Capital finalizes employment deals for CEO and President with $750K salary, $500K restricted stock each

## Summary
- CEO Michael Singh and President Andrew Trumbach each receive $750,000 annual base salary retroactive to Dec 1, 2021.
- Each granted restricted stock worth $500,000 (50M shares at par) vesting 50% on grant and 50% on Dec 1, 2023.
- Each granted options for 11,250,000 shares at fair market value on grant date, fully vested upon grant.
- Annual bonus opportunity of 100%-400% of base salary based on performance objectives.
- Severance: 12 months' salary if terminated without cause, subject to release and non-compete clauses.

## SEC filing metadata
- accession: 0001493152-23-005488
- form_type: 8-K
- ticker: AWCA
- cik: 0001021917
- company_name: Awaysis Capital, Inc.
- filed_at: 2023-02-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 5.02, 3.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1021917/000149315223005488/0001493152-23-005488-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1021917/000149315223005488/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-005488
- JSON: https://secwatch.observer/filing/0001493152-23-005488.json
- Plain text: https://secwatch.observer/filing/0001493152-23-005488.txt

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