other material
confidence high
sentiment neutral
materiality 0.50
iQSTEL amends CEO/CFO comp: CEO salary to $37,800/mo, equity shifts to Series B Preferred
iQSTEL Inc
- CEO Leandro Iglesias monthly base salary raised from $31,000 to $37,800, effective July 7, 2026.
- CEO receives two-month cash performance bonus for relocation expenses to Cyprus.
- Annual bonus payment timing flexibility added for both CEO and CFO (15 days after 10-K filing).
- Subject to shareholder approval, annual equity incentive replaced with up to 50,000 Series B Preferred shares per executive per year.
- FY2025 equity grants proposed: 20,000 Series B Preferred to CEO, 14,000 to CFO, pending shareholder approval.