Tessera Defense Files 8K - Director, Officer or Compensation Filing >HLSQ

Tessera Defense & Homeland Security Inc. (HLSQ) filed a Form 8K - Director, Officer or Compensation Filing - with the U.S Securities and Exchange Commission on October 07, 2026. Compensation of Chief Executive Officer As previously disclosed, Michael Oster was appointed Chief Executive Officer of Tessera Defense and Homeland Security Inc. (the "Company") as of March 4, 2026. On October 7, 2026, the Company, its Israeli subsidiary, Tessera Defense and Homeland Security Israel Ltd. (the "Israeli Subsidiary"), and Mr. Oster entered into an employment agreement (the "Oster Agreement"). Since his appointment as Chief Executive Officer in March 2026, Mr. Oster has not received any remuneration for his services. The Oster Agreement was approved by the Compensation Committee (the "Committee") and the Board of Directors of the Company (the "Board") on October 7, 2026. Pursuant to the Oster Agreement, Mr. Oster is entitled to a monthly salary of NIS 55,000 (approximately $18,000). Mr. Oster is also eligible to receive an annual performance-based cash bonus of up to 50% of annual base salary, based on conditions.