secwatch.observer — SEC 8-K summary
======================================

Issuer:     VisionWave Holdings, Inc. (VWAV)
CIK:        0002038439
Form:       8-K
Filed at:   2026-03-18T23:59:59+00:00
Accession:  0001731122-26-000451
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

VisionWave names Eric Shuss COO, Douglas Davis permanent CEO; board reshuffled
------------------------------------------------------------------------------

- Eric T. Shuss appointed COO with base salary $120k (rising to $240k upon $3M revenue in 90 days) and severance ≥$500k.
- Douglas Davis promoted from Interim CEO to CEO; receives milestone option for $100M value if revenue >$100M TTM and mkt cap ≥$1B.
- Shuss resigns as Lead Independent Director and all committees; Atara Dzikowski joins Audit, Compensation, Nominating; chairs Nominating.
- Chuck Hansen appointed Independent Lead Director.
- Shuss granted option for 500,000 shares at $7.47, vesting quarterly over four years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2038439/000173112226000451/0001731122-26-000451-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2038439/000173112226000451/e7450_8k.htm
  HTML page:      https://secwatch.observer/filing/0001731122-26-000451

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