---
schema_version: "secwatch.filing_event.v1"
accession: "0001663577-24-000071"
form_type: "8-K"
ticker: "IQST"
cik: "0001527702"
company_name: "iQSTEL Inc"
filed_at: "2024-03-04T23:59:59+00:00"
generated_at: "2026-06-05T04:42:16.579955+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# iQSTEL enters new 5-year CEO/CFO employment deals; CCO resigns to lead subs

## Summary
- CEO Iglesias new 5-yr deal: $31k/mo salary, bonus up to 1M shares, 4% net income, 2-mo salary.
- CFO Quintana new 5-yr deal: $22k/mo salary, bonus up to 800k shares, 4% net income, 2-mo salary.
- Both can convert unpaid salary into stock at 25% discount to 10-day VWAP.
- Juan Carlos Lopez resigns as CCO (Mar 1), becomes CEO of subsidiaries Etelix and SwissLink.
- Director compensation set at $2,500/mo or 10k shares monthly; chairman/secretary extra $2,500.

## SEC filing metadata
- accession: 0001663577-24-000071
- form_type: 8-K
- ticker: IQST
- cik: 0001527702
- company_name: iQSTEL Inc
- filed_at: 2024-03-04T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527702/000166357724000071/0001663577-24-000071-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527702/000166357724000071/iqst8k022924.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001663577-24-000071
- JSON: https://secwatch.observer/filing/0001663577-24-000071.json
- Plain text: https://secwatch.observer/filing/0001663577-24-000071.txt

## Key facts
- Executive change
  Juan Carlos Lopez Silva resigned as Chief Commercial Officer at iQSTEL Inc.
  - Action: resigned
  - Role: Chief Commercial Officer
  source text: On March 1, 2024, Juan Carlos Lopez Silva resigned from his position as Chief Commercial Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1527702/000166357724000071/0001663577-24-000071-index.htm

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