secwatch.observer — SEC 8-K summary
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Issuer:     Castellum, Inc. (CTM)
CIK:        0001877939
Form:       8-K
Filed at:   2025-04-04T23:59:59+00:00
Accession:  0001877939-25-000030
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Castellum extends CEO Ives & GC Wright terms; hires CFO Bell; sets FY2025 bonus targets
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- CEO Glen Ives' term extended to June 30, 2026; FY2025 bonus targets: Net Sales $54.49M min, Adj. EBITDA $1.099M min.
- GC Jay Wright term extended to Dec 31, 2025; salary $270k, monthly health stipend $4k unchanged.
- CFO David T. Bell appointed at-will effective May 1, 2025; base salary $290,000; 60-day notice period.
- Ives base salary $300k ($309k from July 1, 2025); bonus max 100% of salary (50% performance, 50% discretionary).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1877939/000187793925000030/0001877939-25-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1877939/000187793925000030/ctm-20250331.htm
  HTML page:      https://secwatch.observer/filing/0001877939-25-000030

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