---
schema_version: "secwatch.filing_event.v1"
accession: "0001877939-26-000057"
form_type: "8-K"
ticker: "CTM"
cik: "0001877939"
company_name: "Castellum, Inc."
filed_at: "2026-07-02T20:02:56+00:00"
generated_at: "2026-07-02T20:04:08.531160+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Castellum extends CEO Glen Ives' contract to Dec 2027, grants 773,630 stock options

## Summary
- CEO Glen Ives' employment extended 18 months through Dec 31, 2027; base salary $375k, rising to $386,250 on July 1, 2027.
- Awarded 773,630 incentive stock options at $0.73 exercise price, vesting quarterly over extended term.
- Vesting accelerated on prior 500,000 option grant (exercise $1.07) to be fully vested by Dec 31, 2027.
- Eligible for annual cash incentive up to 25% of base salary based on performance thresholds; discretionary bonus up to 25%.
- Acquisition bonus up to 100% of base salary if net sales targets ($70M-$100M) met; committee may award discretionary acquisition bonus up to 50%.

## SEC filing metadata
- accession: 0001877939-26-000057
- form_type: 8-K
- ticker: CTM
- cik: 0001877939
- company_name: Castellum, Inc.
- filed_at: 2026-07-02T20:02:56+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1877939/000187793926000057/0001877939-26-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1877939/000187793926000057/ctm-20260701.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001877939-26-000057
- JSON: https://secwatch.observer/filing/0001877939-26-000057.json
- Plain text: https://secwatch.observer/filing/0001877939-26-000057.txt

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