secwatch.observer — SEC 8-K summary
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Issuer:     NeoVolta Inc. (NEOV)
CIK:        0001748137
Form:       8-K
Filed at:   2026-02-25T23:59:59+00:00
Accession:  0001683168-26-001303
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NeoVolta cancels CEO/CFO RSUs; issues stock options for 1.88M and 352k shares at $3.54
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- CEO Ardes Johnson's RSU for 1,280,000 shares cancelled; replaced with options to buy 1,880,166 shares at $3.54.
- CFO Steve Bond's RSU for 240,000 shares cancelled; replaced with options to buy 352,531 shares at $3.54.
- Options vest 25% on grant date and 25% annually over three years; expire Feb 23, 2031.
- Compensation Committee approved option grants as equivalent value of cancelled RSUs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1748137/000168316826001303/0001683168-26-001303-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1748137/000168316826001303/neovolta_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-26-001303

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