Spectral AI, Inc. 8-K

What Happened
Spectral AI, Inc. filed a Form 8-K disclosing an employment agreement dated April 17, 2026, with Vincent S. Capone in connection with his previous appointment as Chief Executive Officer (announced Feb. 10, 2026). The agreement sets base pay, bonus targets, and equity awards.

Key Details

• Base salary: $500,000 per year.
• Annual target bonus: up to 100% of base salary (i.e., up to $500,000), but no less than $250,000; payable upon achievement of Board-specified milestones and performance goals.
• Equity: 200,000 restricted stock units (RSUs) under the company’s 2023 Long Term Incentive Plan. Vesting: 50% vested on April 1, 2026; remaining 50% vests on April 1, 2027. RSUs fully vest immediately prior to a change of control.
• Filing: employment agreement furnished as Exhibit 99.1 to the Form 8-K filed April 22, 2026.

Why It Matters
This disclosure gives investors clear, specific terms for the company’s CEO compensation and incentives. The mix of cash salary, a performance-based bonus, and time-based RSUs shows how management is being compensated and motivated, and the change-of-control vesting provision could accelerate equity dilution or payouts if a transaction occurs.