Corporate GovernanceApr 29, 2026, 05:22 PM
QCLS Amends 10-K for Governance, Exec Comp; Silverman $675K in 2025
AI Summary
Q/C Technologies, Inc. filed an Amendment No. 1 to its Form 10-K to include previously omitted information regarding Directors, Executive Officers, Corporate Governance, and Executive Compensation. The amendment details the 2025 compensation for named executive officers, including Joshua Silverman ($675,220), Mitchell Glass, M.D. ($392,128), and Ian Rhodes ($166,545). It also outlines the board composition, committee memberships, and director independence, noting a new employment agreement for Joshua Silverman effective April 13, 2026.
Key Highlights
- Amendment No. 1 to Form 10-K filed to include Part III, Items 10-14 on governance and compensation.
- Joshua Silverman's 2025 total compensation was $675,220, including $120,000 salary and $555,220 in stock awards.
- Mitchell Glass, M.D.'s 2025 total compensation was $392,128, including $300,000 salary.
- Ian Rhodes' 2025 total compensation was $166,545, including $162,000 salary.
- Bill J. White and Stephen Friscia each received $198,805 in 2025 director compensation.
- Board includes independent directors Bill J. White, Stephen Friscia, Christopher Schreiber, and Bruce Bernstein.
- Joshua Silverman's new employment agreement effective April 13, 2026, with $120,000 annual salary.
- A Form 3 for Director Bruce Bernstein was filed late on October 6, 2025.
Price Impact
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