Filing Analysis
Other SEC Filing
Filed Mar 16, 2026
LOW
AmpliTech Group, Inc. has established a new annual performance-based bonus plan for its executive leadership, including the CEO, CFO, and COO, effective for the 2026 fiscal year and beyond. The plan utilizes a weighted formula based on revenue, EBITDA/gross margin, and employee retention to determine incentive compensation.
Key Facts
- On March 10, 2026, the Board approved annual performance milestones for CEO Fawad Maqbool, CFO Louisa Sanfratello, and COO Jorge Flores.
- Target bonuses are set at 75% of base salary for the CEO and 45% for the CFO and COO.
- Performance metrics are weighted: 50% for annual revenue, 35% for EBITDA/gross margin, and 15% for employee retention.
- Maximum performance-based bonuses are capped at 105% for the CEO and 75% for the CFO/COO, with additional discretionary bonuses possible up to 85% and 55% respectively.
- Bonus calculations between minimum and maximum thresholds will be determined by linear interpolation, with no award earned if minimum thresholds are not met.
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