---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-036210"
form_type: "8-K"
ticker: "TRON"
cik: "0001956744"
company_name: "Tron Inc."
filed_at: "2024-09-13T23:59:59+00:00"
generated_at: "2026-05-31T05:03:31.168255+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# SRM enters new CEO employment agreement with Richard Miller; base salary $225K, 10% annual raises

## Summary
- CEO Richard Miller’s new agreement effective Jan 1, 2024, cancels prior contract; 3-year initial term, auto-renew.
- Base salary $225,000, increasing 10% each Jan 1; annual cash bonus set by Board, payable in cash or stock.
- Restricted share award equal to base salary granted each Jan 1, fully vested on grant; additional equity grants tied to revenue and market cap milestones.
- Equity grants up to $250K at $50M market cap, $500K at $100M, $1M at $500M, plus $1M per additional $500M.
- Severance: greater of 2 years’ base + last year’s bonus or base through remaining term, contingent on release.

## SEC filing metadata
- accession: 0001493152-24-036210
- form_type: 8-K
- ticker: TRON
- cik: 0001956744
- company_name: Tron Inc.
- filed_at: 2024-09-13T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1956744/000149315224036210/0001493152-24-036210-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1956744/000149315224036210/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-036210
- JSON: https://secwatch.observer/filing/0001493152-24-036210.json
- Plain text: https://secwatch.observer/filing/0001493152-24-036210.txt

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