VISIUM TECHNOLOGIES, INC.
For the period ended Jun 30, 2025. Filed Oct 7, 2025.
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FY2025 · Filed Oct 7, 2025
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Item 11. Executive Compensation
The following table sets forth, for the last two completed fiscal years, all compensation paid, distributed or accrued for services rendered to us by (i) all individuals serving as our principal executive officer or acting in a similar capacity during the last completed fiscal year, regardless of compensation level; (ii) our two most highly compensated executive officers other than the principal executive officer who were serving as executive officers at the end of the last completed fiscal year and whose total compensation exceeded $100,000; and (iii) up to two additional individuals for whom disclosure would have been provided pursuant to (ii) above but for the fact that the individual was not serving as our executive officer at the end of the last completed fiscal year:
Summary Compensation Table
| Non-EquityIncentive Plan · Non-QualifiedDeferred · All Other | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Name and Principal Position · Year · Salary($)(1) · Bonus($) · StockAwards · OptionAwards ($) · Compensation ($) · CompensationEarnings · Compensation ($)(2) · Total ($) | ||||||||||||||
| Mark Lucky (1) | 2025 | $450,000 | $ | - | $147,000 | $ | - | $ | - | $ | - | $ | - | $597,000 |
| Chief Executive Officer and Chief Financial Officer | 2024 | $450,000 | $ | - | $305,160 | $ | - | $ | - | $ | - | $22,984 | $778,144 | |
| (1) | Amounts includes accrued compensation for Mr. Lucky, of which $ 204,850 was paid in fiscal 2025 and $210,600 was paid in fiscal 2024. |
| (2) | Amount includes company paid health insurance premiums. |
Employment Agreements
Currently no employees of the Company are party to formal employment agreements. Employees, including executive officers, have received offer letters specifying base salaries, but such letters do not contain additional terms or provisions relating to severance, change in control, or other compensation arrangements. The Company anticipates entering into employment agreements with certain key executives as it completes strategic transactions.
Pension, Retirement or Similar Benefit Plans
There are no arrangements or plans in which we provide pension, retirement or similar benefits for directors or executive officers. Our directors and executive officers may receive stock options at the discretion of our Board in the future.
Outstanding Equity Awards at Fiscal Year-End
There are no outstanding equity incentive plan awards for each named executive officer outstanding as of June 30, 2025.
Director Compensation
Our Board of Directors is comprised of Mr. Paul Favata, Mr. Tom Grbelja, and Mr. Mark Lucky, who is also an executive officer of our company.
The following table sets forth the restricted stock grants issued to Messrs. Favata and Grbelja:
| FY2025 · FY2024 | ||||
|---|---|---|---|---|
| Common Shares | Common Shares | |||
| Name | Granted/Vested | Expense | Granted/Vested | Expense |
| Tom Grbelja | 35,000,000 | $147,000 | 29,400,000 | $305,160 |
| Paul Favata | 3,500,000 | 14,700 | 2,160,000 | 36,304 |
| 38,500,000 | $161,700 | 31,560,000 | $341,464 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.