Red Cat sets FY2025/26 director compensation; Funk named Nominating committee chair

Red Cat Holdings, Inc.

Independent directors to receive $50,000 base annual cash, with lead director Joseph Friedman receiving $95,000 total cash.
Lead director and audit committee chair each get $85,000 in annual RSUs; other directors get $75,000 in annual RSUs.
RSU awards cover two-year periods; all RSUs vest on second anniversary with customary change-of-control accelerators.
Paul Funk II appointed Chair of Nominating and Governance Committee, effective May 6, 2024.
Cash compensation paid in 12 equal monthly installments; RSUs granted under 2019 Equity Incentive Plan.

item 5.02 item 8.01

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Role change

Paul Funk, II

Chair, Nominating and Governance Committee

RCAT · Red Cat Holdings, Inc.

Effective: 2024-05-06
Filed: May 9, 2024, 7:59 PM ET

Paul Funk, II (3) Chair, Nominating and Governance Committee

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Executive change SEC 8-K Item 5.02 confidence 0.95

Paul Funk, II was appointed as Chair, Nominating and Governance Committee at Red Cat Holdings, Inc..

Action: appointed
Role: Chair, Nominating and Governance Committee

Exact text from the filing

Paul Funk, II (3) Chair, Nominating and Governance Committee

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Source: SEC EDGAR

accession 0001554795-24-000115

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