ZeroStack Corp. 8-K

What Happened
ZeroStack Corp. announced on May 5, 2026 that its independent board members approved grants of stock options totaling 1,250,000 options: 500,000 to CEO Daniel Reis‑Faria, 250,000 to CFO Dany Vaiman, and 500,000 to Executive Chairman Michael Heinrich. The grants were reported in an 8‑K and are subject to conditions including shareholder approval.

Key Details

• Option counts and recipients: 500,000 to Daniel Reis‑Faria (CEO); 250,000 to Dany Vaiman (CFO); 500,000 to Michael Heinrich (Executive Chairman).
• Exercise price and term: $5.10 per share; 10‑year term from issuance.
• Vesting: Five equal tranches of 20% each based on VWAP thresholds on any trading day — $7.65, $10.20, $12.75, $15.30 and $17.85.
• Conditions: Options are unexercisable until seven calendar days after closing of the Share Exchange Agreement transaction and will be forfeited unless approved by shareholders at the annual and special meeting on or about July 13, 2026.

Why It Matters
These grants align senior executives’ potential equity compensation with future share price performance and a pending corporate transaction. Investors should note the exercise price, multi‑level VWAP vesting schedule and the requirement for shareholder approval — any failure to approve or to close the transaction would prevent these options from becoming exercisable.