Corporate GovernanceJun 12, 2026, 05:06 PM
VisionWave CTO/CISO Danny Rittman's Salary Raised to $180K, Gets 1M Options
AI Summary
VisionWave Holdings, Inc. amended the employment agreement for its Chief Technology Officer / Chief Information Security Officer (CTO/CISO), Danny Rittman. The amendment increases his annual base salary to $180,000, effective June 1, 2026. Additionally, Rittman was granted 1,000,000 performance-based stock options, exercisable at $4.98 per share, tied to key project milestones for VisionRF, StratumAI, and company-wide cybersecurity implementation.
Key Highlights
- CTO/CISO Danny Rittman's annual base salary increased to $180,000, effective June 1, 2026.
- Granted an additional 1,000,000 performance-based stock options.
- Options exercisable at $4.98 per share under the 2025 Omnibus Equity Incentive Plan.
- 300,000 options vest upon completion of VisionRF execution-ready technical data room.
- 300,000 options vest upon delivery of initial StratumAI agent release by August 2026.
- 300,000 options vest upon implementing company-wide cybersecurity framework.
- 100,000 options vest upon completion of VisionRF and Semiconductor / EDA Strategy Data Rooms.
Price Impact
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