VisionWave Holdings COO Eric Shuss's base salary raised to $240,000 without revenue condition
VisionWave amended the employment agreement of Chief Operating Officer Eric T. Shuss, who is also a board member, raising his annual base salary from $120,000 to $240,000 effective September 1, 2026, and removing the $3,000,000 revenue condition for the increase. The company also agreed to a one-time catch-up payment for the difference between the old and new rates, with the board's compensation committee citing performance and retention. The filing does not change his bonus eligibility, stock option, or severance terms.
Key points
- Annual base salary increased from $120,000 to $240,000, effective September 1, 2026
- Previous $3,000,000 revenue-in-any-90-day-period condition eliminated
- One-time catch-up payment covers the difference from September 1, 2026 through the amendment date
- Bonus eligibility, stock option, and severance (greater of $500,000 or two times base salary) unchanged
The filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.