secwatch.observer — SEC 8-K summary
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Issuer:     STANDARD PREMIUM FINANCE HOLDINGS, INC. (SPFX)
CIK:        0001807893
Form:       8-K
Filed at:   2022-07-06T23:59:59+00:00
Accession:  0001553350-22-000592
Event type: other
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CEO Koppelmann gets $275K base, CFO Krogol $175K under new 5-year contracts
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- CEO William Koppelmann: base salary $275K for FY2022-23, escalating to $375K by year 5.
- CFO Brian Krogol: base salary $175K for FY2022-23, escalating to $275K by year 5.
- Both executives receive $25K annual cash bonus and 10,000 stock option signing bonus.
- Performance options tied to FY2022 total revenue: up to 25,000 options at $10M+ revenue.
- Contracts effective June 29, 2022, include confidentiality, non-disclosure, and termination terms.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1807893/000155335022000592/0001553350-22-000592-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1807893/000155335022000592/spfx_8k.htm
  HTML page:      https://secwatch.observer/filing/0001553350-22-000592

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer