Iqstel CEO base salary rises to $37,800 a month under amended employment terms

iQSTEL, Inc.

iQSTEL, Inc.

IQST

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  • Iqstel amended CEO Leandro Jose Iglesias’ employment terms on July 7, 2026, lifting monthly base salary to USD 37,800 from USD 31,000.
  • Change folds in a previously approved USD 6,800 monthly relocation allowance tied to Iglesias’ move to Cyprus.
  • Board also authorized a two-month cash performance bonus for Iglesias tied to relocation expenses, with payment terms set by his existing contract.
  • Annual performance bonuses for Iglesias and CFO Álvaro Quintana Cardona can now be paid starting 15 days after the Form 10-K filing.
  • Equity incentives would shift to up to 50,000 Series B Preferred Shares annually per executive, subject to shareholder approval; FY-2025 grants set at 20,000 and 14,000 shares.


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. Iqstel 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: 0001663577-26-000208), on July 10, 2026, and is solely responsible for the information contained therein.

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