Business Context and Reporting Period
Company: FiEE, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: May 12, 2026
Reporting Period: Event date of May 12, 2026
Business Context: The filing discloses the grant of Restricted Stock Units (RSUs) to the Company's Chief Executive Officer and Chief Financial Officer pursuant to the FiEE, Inc. 2025 Equity Incentive Plan.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on executive compensation arrangements and does not contain financial performance data.
Material Changes
Executive Compensation Grant:
- Recipients: Li Wai Chung (CEO and President) and Cao Yu (CFO).
- Award Size: Each executive received 143,561 RSUs.
- Underlying Security: Common Stock, $0.01 par value per share.
- Vesting Schedule:
- 30% on the first anniversary of the grant date.
- 30% on the second anniversary of the grant date.
- 40% on the third anniversary of the grant date.
- Conditions: Vesting is subject to the recipient's continued employment through each applicable vesting date.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary on future performance, risks, contingencies, or unusual items. The document is limited to the disclosure of the RSU grant terms and the filing of the associated award agreement as Exhibit 10.1.
Investor Verification Checklist
- Verify the total number of shares authorized under the FiEE, Inc. 2025 Equity Incentive Plan to assess remaining capacity for future grants.
- Review the full text of the Restricted Stock Unit Award Agreement (Exhibit 10.1) for specific performance conditions or acceleration clauses not detailed in the summary.
- Confirm the current market price of FiEE common stock to estimate the fair value of the 287,122 total RSUs granted.
- Check subsequent filings for any changes in the employment status of the CEO or CFO that would impact vesting.