This is a routine amendment of executive employment terms with multi-year performance incentives. No near-term trading catalyst. Monitor future quarterly filings for revenue and Adjusted EBITDA progress against the performance milestones, but the milestones ($500M–$3B market cap) are far above the current $37M market cap, making payout unlikely in the near term.
Price Chart
Executive Summary
Knightscope amended employment agreements for its CEO, CFO, and EVP, setting new base salaries and establishing performance-based cash awards tied to market capitalization milestones ($500M–$3B). The company also granted stock options to these executives. This is a routine compensation restructuring with no change in executive leadership or immediate financial impact.
Key Facts
- CEO William Santana Li base salary set at $610,500; CFO Apoorv S. Dwivedi and EVP Mercedes Soria each at $440,000.
- Target annual bonus for each executive is no less than 100% of base salary.
- Performance-based cash awards (Market Capitalization Performance Awards) tied to $500M, $1B, $2B, and $3B market capitalization milestones with corresponding revenue and Adjusted EBITDA goals.
- Aggregate target value of these awards: $65M for Li, $35.75M for Dwivedi, $22.75M for Soria.
- Option grants on June 4, 2026: Li 1,243,116 shares; Dwivedi 710,352 shares; Soria 355,176 shares, vesting 25% annually over four years.
- Severance provisions: 18 months base salary for CEO (12 months for others) outside change-in-control; 24 months base salary plus 200% target bonus and accelerated vesting within change-in-control period.
Financial Impact
Base salaries and option grants set; potential performance awards up to $123.5M aggregate (currently unearned, tied to extreme valuation milestones). No immediate cash impact from compensation changes.
Risk Factors
- Potential future dilution from option grants (combined ~2.3M shares).
- Performance awards create very long-term alignment but have no current material impact.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001104659-26-071442 |
| Document: 0001104659-26-071442-index-headers.html | 0001104659-26-071442 |
| Document: 0001104659-26-071442-index.html | 0001104659-26-071442 |
| Document: 0001104659-26-071442.txt | 0001104659-26-071442 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 20, 2026 6d ago | 8-K | $0.5560 | awaiting T+20 | — | $0.5210 (−6.29%) |
Sep 22, 2026 4w ago | 8-K | $1.10 $0.5560 | ▼ −49.22% | ▼ −48.66% | $0.5210 (−52.42%) |
Sep 21, 2026 5w ago | 8-K | $1.10 $0.5454 | ▲ +50.42% | ▲ +49.51% | $0.5210 (+52.64%) |
Sep 21, 2026 5w ago | 424B5 | $1.10 $0.5454 | ▲ +50.42% | ▲ +49.51% | $0.5210 (+52.64%) |
Sep 4, 2026 7w ago | 8-K | $1.43 $0.6943 | ▼ −51.45% | ▼ −53.16% | $0.5210 (−63.57%) |
Jul 20, 2026 14w ago | 8-K | $1.40 $1.43 | ▲ +2.14% | ▼ −1.98% | $0.5210 (−62.79%) |
Jun 8, 2026 19w ago | 8-K | $2.11 $1.80 | ▼ −14.69% | ▼ −16.14% | $0.5210 (−75.31%) |
Apr 15, 2026 27w ago | Press Release | $3.58 $2.90 | ▼ −18.99% | ▼ −24.81% | $0.5210 (−85.45%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers