Eva Live (GOAI) CEO David Boulette Receives 200,000 Series A Award

What Happened David Boulette, CEO of Eva Live, was granted 200,000 shares of Series A Convertible Preferred Stock on 2026-09-25 as an award under his Executive Employment Agreement. The award was issued at $0 cash cost (reported value $0.00) and is reported as a derivative instrument. Each preferred share is convertible at the holder’s option into 150 shares of common stock, meaning the award could represent up to 30,000,000 common shares if converted.

Key Details

• Transaction date: 2026-09-25; Filing date: 2026-09-29 (filed within the normal reporting window).
• Transaction type/code: Award/Grant (A); instrument: Series A Convertible Preferred Stock.
• Amount: 200,000 preferred shares acquired for $0 cash. Stated value $0.0001 per share (per filing).
• Conversion: Each preferred share converts into 150 common shares (200,000 × 150 = 30,000,000 potential common shares).
• Reason: Issued pursuant to Executive Employment Agreement (dated Aug 17, 2026) upon achievement of performance milestone — successful uplisting to The Nasdaq Stock Market (footnote F2).
• Consideration: No cash paid; shares issued as compensation (footnote F3).
• Shares owned after transaction: Not specified in the filing.
• Filing status: Timely (no late filing indicated).

Context This was a compensatory award tied to a performance milestone (uplisting), not an open-market purchase or sale. As a convertible preferred issuance, the primary investor impact to watch for is potential dilution if the shares are converted into common stock or if conversion-related mechanics trigger share issuance. This award does not represent an immediate sale or cash proceeds to the CEO.