Corporate GovernanceJul 7, 2026, 04:18 PM
CleanCore CFO Salary Cut to $62,400; Granted 80,000 RSUs
AI Summary
CleanCore Solutions entered into agreements with CFO David J. Enholm to amend his compensation. Effective July 1, 2026, Mr. Enholm's annual base salary was voluntarily reduced from $75,000 to $62,400. In consideration for this adjustment and a waiver of paid time off cash payments, he was granted 80,000 restricted stock units (RSUs). Half of the RSUs vested immediately, with the remainder vesting upon the filing of the company's 2026 Form 10-K, subject to continued service.
Key Highlights
- CFO David J. Enholm's annual base salary reduced from $75,000 to $62,400.
- Salary adjustment effective July 1, 2026, at Mr. Enholm's voluntary request.
- Mr. Enholm waived rights to cash payment for accrued paid time off.
- Granted 80,000 restricted stock units (RSUs) under 2022 Equity Incentive Plan.
- 40,000 RSUs vested on July 1, 2026.
- Remaining 40,000 RSUs vest upon filing of 2026 Form 10-K.
- Agreements include clawback and forfeiture provisions for material misstatements.
Price Impact
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