---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-028662"
form_type: "8-K"
ticker: "GWTI"
cik: "0001572386"
company_name: "GREENWAY TECHNOLOGIES, INC. & SUBSIDIARIES"
filed_at: "2026-06-15T18:24:30+00:00"
generated_at: "2026-06-15T18:25:16.669991+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-26-028662
- form_type: 8-K
- ticker: GWTI
- cik: 0001572386
- company_name: GREENWAY TECHNOLOGIES, INC. & SUBSIDIARIES
- filed_at: 2026-06-15T18:24:30+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/1572386/000149315226028662/0001493152-26-028662-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1572386/000149315226028662/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-028662
- JSON: https://secwatch.observer/filing/0001493152-26-028662.json
- Plain text: https://secwatch.observer/filing/0001493152-26-028662.txt

## Key facts
- Executive change
  Doug Cogan was appointed as President at GREENWAY TECHNOLOGIES, INC. & SUBSIDIARIES.
  - Action: appointed
  - Role: President
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1572386/000149315226028662/0001493152-26-028662-index.htm

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