GridAI Technologies Corp. (Nasdaq: GRDX) filed a Current Report on Form 8-K on October 26, 2026, to disclose an amendment to its consulting agreement with BPC Consulting Ltd. The amendment, effective September 1, 2026, modifies the terms governing the services of Anna Skowron, who serves as the Company's Interim Chief Financial Officer.
The filing details a shift in the Consultant's compensation structure. Effective September 1, 2026, the Consultant will receive a fixed monthly retainer of $27,000, invoiced in two equal installments on the 15th and the last day of each month. The amendment eliminates provisions from a previous amendment that allowed for hourly billing for hours worked in excess of 30 hours per week.
In addition to cash compensation, the Company agreed to grant up to 250,000 restricted stock units (RSUs) to Ms. Skowron or her permitted designee. The vesting schedule for these RSUs is as follows: 75,000 units as of September 1, 2026; 25,000 units on December 31, 2026; 50,000 units upon the filing of a Form 8-K/A containing audited financial statements of an acquired business; and 25,000 units on each of March 31, 2027, June 30, 2027, September 30, 2027, and December 31, 2027. All unvested RSUs will fully vest upon a Change of Control, excluding a change resulting solely from a potential acquisition transaction under evaluation as of the date of the amendment.
The consulting agreement is set to run through August 31, 2027, and thereafter automatically renews for successive one-year terms unless terminated. The Company may terminate the agreement with six months' prior written notice or immediately for Cause. The filing also notes that the Consultant is eligible for a discretionary annual cash bonus based on performance factors and that the Board may consider additional RSU grants in 2027 at its sole discretion.
