---
schema_version: "secwatch.filing_event.v1"
accession: "0001731122-24-001060"
form_type: "8-K"
ticker: "VEEE"
cik: "0001855509"
company_name: "Twin Vee PowerCats, Co."
filed_at: "2024-07-02T23:59:59+00:00"
generated_at: "2026-05-31T23:50:01.494759+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Twin Vee PowerCats raises VP salary, grants 650K stock options to three executives

## Summary
- VP Preston Yarborough base salary increased to $200,000 per year effective June 27, 2024.
- Options granted: CEO Visconti 300K, VP Yarborough 200K, CFO Dickerson 150K (100K+50K) shares.
- Exercise prices $0.57 (June 26) and $0.53 (June 27); vesting periods 2-year monthly or 4-year annual.
- Grants under amended 2021 Stock Incentive Plan; options expire 10 years from grant date.

## SEC filing metadata
- accession: 0001731122-24-001060
- form_type: 8-K
- ticker: VEEE
- cik: 0001855509
- company_name: Twin Vee PowerCats, Co.
- filed_at: 2024-07-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1855509/000173112224001060/0001731122-24-001060-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1855509/000173112224001060/e5785_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001731122-24-001060
- JSON: https://secwatch.observer/filing/0001731122-24-001060.json
- Plain text: https://secwatch.observer/filing/0001731122-24-001060.txt

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