---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-004963"
form_type: "8-K"
ticker: "KUST"
cik: "0001342958"
company_name: "KUSTOM ENTERTAINMENT, INC."
filed_at: "2024-02-05T23:59:59+00:00"
generated_at: "2026-06-06T09:00:53.583931+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Digital Ally director resigns; executive compensation for 2024 includes salaries and restricted stock

## Summary
- Michael Caulfield resigned as director effective Jan 31, 2024.
- 2024 base salaries: CEO Stanton Ross $250K, COO Peng Han $250K, CFO Thomas Heckman $120K.
- CEO eligible for bonus up to $250K, COO up to $125K, based on performance reviews.
- CEO granted 20,000 restricted shares; COO granted 15,000 restricted shares; vest upon Jan 31, 2025 or Clover Leaf merger.

## SEC filing metadata
- accession: 0001493152-24-004963
- form_type: 8-K
- ticker: KUST
- cik: 0001342958
- company_name: KUSTOM ENTERTAINMENT, INC.
- filed_at: 2024-02-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1342958/000149315224004963/0001493152-24-004963-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1342958/000149315224004963/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-004963
- JSON: https://secwatch.observer/filing/0001493152-24-004963.json
- Plain text: https://secwatch.observer/filing/0001493152-24-004963.txt

## Key facts
- Executive change
  Michael J. Caulfield resigned as Director at KUSTOM ENTERTAINMENT, INC..
  - Action: resigned
  - Role: Director
  source text: On January 31, 2024, Michael J. Caulfield notified the Board of Directors (the “Board”) of Digital Ally, Inc. (the “Company”) that he resigns as a director of the Board, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1342958/000149315224004963/0001493152-24-004963-index.htm

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