Monitor STEX for any progress on GLDY sales milestones, which would trigger CEO and Chairman PSU vesting; quarterly RSU vesting for Williams begins July 2026. The staggered vesting and performance hurdles suggest a long-term incentive structure with no near-term catalyst.
Price Chart
Executive Summary
Streamex Corp. filed an 8-K reporting the appointment of CIO Mitchell Williams to the Board and amended employment agreements for CEO Henry McPhie, CIO Williams, and Interim Executive Chairman Morgan Lekstrom. The agreements set $350,000 annual salaries, minimum $100,000 bonuses, and significant equity awards including performance-based RSUs and market-cap milestone bonuses. This is a routine compensatory arrangement with no material financial impact.
Key Facts
- Mitchell Young Williams appointed to the Board as non-independent director effective April 28, 2026.
- CEO Henry McPhie receives salary of $350,000, one-time adjustment bonus of $31,250, and 1,500,000 PSUs tied to cumulative GLDY sales milestones up to $3 billion.
- CIO Mitchell Williams receives salary of $350,000, minimum $100,000 bonus, 1,250,000 RSUs and 1,000,000 special RSUs vesting quarterly over 4 years.
- Interim Executive Chairman Morgan Lekstrom receives salary of $350,000, 1,500,000 PSUs tied to GLDY sales milestones, and market-cap milestone bonuses.
- All three agreements include twelve-month severance on protected termination and full acceleration of equity upon change in control or CEO termination/demotion.
Financial Impact
No revenue or earnings figures provided; compensation packages with aggregate potential equity awards of up to 5,250,000 shares plus market-cap milestone bonuses tied to $50B-$500B valuations.
Risk Factors
- Potential dilution from up to 5.25 million shares in equity awards.
- Market-cap milestone bonuses ($50B-$500B) are extremely aspirational given current $115M market cap and may signal unrealistic management expectations.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 7 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001493152-26-021131 |
| Exhibit: ex10-2.htm | 0001493152-26-021131 |
| Exhibit: ex10-1.htm | 0001493152-26-021131 |
| Document: form8-k.htm | 0001493152-26-021131 |
| Document: 0001493152-26-021131-index-headers.html | 0001493152-26-021131 |
| Document: 0001493152-26-021131-index.html | 0001493152-26-021131 |
| Document: 0001493152-26-021131.txt | 0001493152-26-021131 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 19, 2026 7d ago | Press Release | $0.3750 | awaiting T+5 | — | $0.4128 (+10.08%) |
Oct 9, 2026 17d ago | 8-K | $0.4839 $0.3710 | ▲ +23.33% | ▲ +21.84% | $0.4128 (+14.69%) |
Sep 30, 2026 26d ago | 8-K | $0.6123 $0.5058 | ▼ −17.39% | ▼ −18.69% | $0.4128 (−32.58%) |
Sep 16, 2026 5w ago | Press Release | $0.6368 $0.7716 | ▲ +21.17% | ▲ +20.57% | $0.4128 (−35.18%) |
Aug 21, 2026 9w ago | 8-K | $0.8332 $0.7718 | ▼ −7.37% | ▼ −7.84% | $0.4128 (−50.46%) |
Aug 14, 2026 10w ago | Press Release | $0.8966 $0.7649 | ▲ +14.69% | ▲ +13.50% | $0.4128 (+53.96%) |
Jul 17, 2026 14w ago | Press Release | $0.7832 $0.7640 | ▼ −2.45% | ▼ −1.76% | $0.4128 (−47.29%) |
Jun 2, 2026 20w ago | Insider Cluster | $1.07 $0.9210 | ▼ −13.93% | ▼ −10.11% | $0.4128 (−61.42%) |
May 28, 2026 21w ago | Insider Cluster | $1.51 $1.07 | ▼ −29.14% | ▼ −29.09% | $0.4128 (−72.66%) |
May 26, 2026 22w ago | Press Release | $1.41 $1.37 | ▼ −2.84% | ▼ −3.92% | $0.4128 (−70.72%) |
US Market Status
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