Greenway Tech appoints Doug Cogan as President; new 3-year employment agreement with $240K salary, 2.5M shares

GREENWAY TECHNOLOGIES, INC. & SUBSIDIARIES

Doug Cogan, already CEO, appointed President effective June 9, 2026.
Employment Agreement effective June 12, 2026, with initial 3-year term and automatic 1-year renewals.
Base salary $240,000/year, up to 5% annual discretionary increase; target bonus up to 25% of base salary.
Initial grant of 2,500,000 shares of restricted common stock; additional annual equity awards possible.
Severance: 1x base salary plus target bonus if terminated without cause; 1.5x multiplier within change of control.

item 5.02 item 9.01

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Role change

Doug Cogan

President

GWTI · GREENWAY TECHNOLOGIES, INC. & SUBSIDIARIES

Effective: 2026-06-09
Filed: June 15, 2026, 2:24 PM ET

On June 9, 2026, the Board of Directors (the “Board”) of Greenway Technologies, Inc. (the “Company”) appointed Doug Cogan as President of the Company, effective as of such date.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Doug Cogan was appointed as President at GREENWAY TECHNOLOGIES, INC. & SUBSIDIARIES.

Action: appointed
Role: President

Exact text from the filing

On June 9, 2026, the Board of Directors (the “Board”) of Greenway Technologies, Inc. (the “Company”) appointed Doug Cogan as President of the Company, effective as of such date.

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GREENWAY TECHNOLOGIES, INC. & SUBSIDIARIES filing history →

Source: SEC EDGAR

accession 0001493152-26-028662

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