Digital Ally (DGLY) has released an update to notify the public and investors about its officers.
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Michael J. Caulfield has stepped down from the Board of Directors of Digital Ally, Inc., effective immediately. Meanwhile, the company’s executive compensation has been set, with CEO Stanton E. Ross and COO Peng Han each receiving a $250,000 annual salary, while CFO Thomas J. Heckman will earn $120,000. Both Ross and Han have additional bonus opportunities and were awarded shares of restricted common stock that vest in 2025 or upon completion of a key transaction, contingent upon their continued service.
For further insights into DGLY corporate activity, check out TipRanks’ Insiders Trading Activity page.
For a comprehensive understanding of the announcement, you can read the full document here.