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NeoVolta Restructures Executive Equity Compensation via Stock Options
NeoVolta (NEOV) has restructured its executive equity compensation, replacing previously granted Restricted Stock Units (RSUs) with new stock options for CEO Ardes Johnson and CFO Steve Bond. This move, executed on February 23, 2026, aims to more closely align executive rewards with the company’s share performance, with options having an exercise price of $3.54 and vesting schedules tied to continued service. Spark, TipRanks’ AI Analyst, rates NEOV as “Underperform” due to significant losses, cash burn, and weak technical indicators.