secwatch.observer — SEC 8-K summary
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Issuer:     TON Strategy Co (TONX)
CIK:        0001566610
Form:       8-K
Filed at:   2026-04-16T23:59:59+00:00
Accession:  0001493152-26-017087
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TON Strategy appoints Kevin Wilson as CEO effective May 4, 2026
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- Wilson receives base salary of $950,000, target annual bonus of 100% of salary, and $250,000 signing bonus.
- Initial equity award: time-based RSUs equal to 2% of fully diluted shares, vesting over four years.
- Wilson previously Managing Director at Integral Development Corp., leading crypto trading and stablecoin prime brokerage.
- Severance: if terminated without cause or for good reason within 18 months, receives 12 months salary plus target bonus.
- Company will nominate Wilson for election to the Board during his employment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1566610/000149315226017087/0001493152-26-017087-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1566610/000149315226017087/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-017087

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