---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-038129"
form_type: "8-K"
ticker: "FLUX"
cik: "0001083743"
company_name: "Flux Power Holdings, Inc."
filed_at: "2023-10-24T23:59:59+00:00"
generated_at: "2026-06-09T13:20:15.635764+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Flux Power approves CEO salary increase to $375k, grants stock options, adopts amended bonus plan

## Summary
- CEO salary raised to $375,000 (from $300,000); VP Operations to $230,720 (from $206,000); CFO unchanged at $205,200 plus $4,000/month supplemental.
- FY2024 bonus targets: CEO max payout $256,281 + special $400,000; CFO $91,571; VP Ops $94,607 + special $400,000, tied to revenue, Adjusted EBITDA, and functional goals.
- Stock options granted: CEO 223,216, CFO 42,750, VP Ops 54,934; exercise price $3.36, three-year vesting.
- Board approved amended annual cash bonus plan effective FY2024; includes potential clawback policy pending Nasdaq rule compliance.

## SEC filing metadata
- accession: 0001493152-23-038129
- form_type: 8-K
- ticker: FLUX
- cik: 0001083743
- company_name: Flux Power Holdings, Inc.
- filed_at: 2023-10-24T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1083743/000149315223038129/0001493152-23-038129-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1083743/000149315223038129/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-038129
- JSON: https://secwatch.observer/filing/0001493152-23-038129.json
- Plain text: https://secwatch.observer/filing/0001493152-23-038129.txt

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