Bitcoin Depot amends 8-K to disclose CEO Holmes $1 million salary, $1.5 million award
Bitcoin Depot
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- Bitcoin Depot amended Form 8-K filed March 24, 2026 to disclose compensation terms set after W. Alexander Holmes was named CEO, executive chairman on March 23, 2026.
- Holmes employment agreement effective March 27 set base salary at USD 1 million.
- Agreement also provides annual bonus target of at least 100% of salary, with 2026 minimum at USD 500,000.
- Board set additional incentives including USD 2 million performance cash award target for 2026, with payout schedule tied to continued employment.
- Filing also disclosed retention arrangements for CFO David Gray at USD 1 million.
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