Ten Holdings amends filing to disclose CEO Torres pay hike, USD 200,000 bonus plan

PUBT·07/16/2026 21:07:48

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Ten Holdings filed an amended Form 8-K to add previously undetermined CEO compensation terms for Virgilio Torres, effective with his May 8, 2026 appointment.
Base salary rises to USD 400,000 from USD 265,000 effective June 30, 2026.
Package includes a one-time USD 200,000 cash bonus expected to be paid in 2027.
Equity incentives include an option for 120,000 shares at USD 1.89 per share.
Also grants a cash-settled performance award of USD 200,000 tied to performance objectives.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ten Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-033567), on July 16, 2026, and is solely responsible for the information contained therein.

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