TEN Holdings Details CEO Compensation Package: $400K Salary, $200K Bonus, and 120K Options
XHLD sits 95% above its 52-week low of $1.03 on light trading volume (0.3× avg).
Summary
TEN Holdings disclosed CEO Virgilio Torres's compensation package: $400,000 salary, $200,000 bonus, and 120,000 options. Performance bonus tied to capital raises or market cap milestones.
Key Events · Executive and Board Changes · XHLD
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CEO Compensation Package Revealed
Virgilio Torres's base salary increased to $400,000 effective June 30, 2026, with a one-time $200,000 cash bonus expected in 2027.
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Equity and Performance Awards
Torres received options to purchase 120,000 shares at $1.89 per share and a $200,000 cash-settled performance award tied to milestones like raising $5 million or achieving a $15 million market cap.
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Performance Milestones
The $200,000 performance bonus is contingent on securing $5 million in third-party capital, completing a strategic acquisition, or reaching a $15 million market cap by December 31, 2026.
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Context of Financial Distress
The compensation package comes as the company faces a going concern warning, had only $79,000 in cash as of May 15, 2026, and recently completed a highly dilutive $7.5 million offering.
Analysis · XHLD · Trade & Services
This amendment to the May 8, 2026 8-K reveals the compensation terms for new CEO Virgilio Torres, including a $400,000 salary, a $200,000 cash bonus, and 120,000 stock options at $1.89. The performance bonus is tied to milestones like raising $5 million or reaching a $15 million market cap. For a company with a going concern warning and a recent $7.5 million dilutive offering, these compensation commitments are significant and align management incentives with survival and growth targets.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 30.2% of the 2009 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.11%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, XHLD was trading at $2.01 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $24.1M. The 52-week trading range was $1.03 to $13.47. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.