Business Context and Reporting Period
Streamex Corp. (STEX) filed a Form 8-K on March 3, 2026, reporting the appointment of Shawn Matthews as an independent non-employee director and member of the Compensation Committee. The filing details the execution of a material definitive agreement (Offer Letter) effective March 3, 2026.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on corporate governance and executive compensation arrangements.
Material Changes and Compensation Details
- Appointment: Shawn Matthews appointed as independent director and Compensation Committee member.
- Cash Compensation: Annual cash retainer of $40,000 plus an additional $25,000 annual retainer for each Board committee served.
- Equity Compensation: Initial restricted stock award of 100,000 shares of Common Stock. Eligible for additional annual equity compensation determined by the Compensation Committee.
- Benefits: Standard indemnification rights and directors and officers liability insurance coverage.
Management Commentary and Background
Mr. Matthews brings over 30 years of experience in global markets. He is the Founder and Chief Investment Officer of Hondius Capital Management. Previously, he served as CEO of Cantor Fitzgerald & Co. (2009–2018) and held senior roles in capital markets and mortgage trading. He also founded Alchemist Capital Management and West Side Capital.
Investor Verification Checklist
- Verify the vesting schedule and restrictions for the 100,000 restricted stock shares awarded to Mr. Matthews.
- Confirm the total number of Board committees Mr. Matthews will serve on to calculate total annual cash compensation.
- Review the full text of the Offer Letter (Exhibit 10.1) for specific termination provisions and clawback clauses.
- Check subsequent filings for the impact of this appointment on the company's total equity dilution.