Company: SCTH
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001017386-25-000028
Chunk: 0

Company: Securetech Innovations, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 11
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Item 11.  Executive Compensation

The following table provides information regarding the compensation awarded to, or earned by, our named executive officers for fiscal years ended December 31, 2024 and 2023.

Summary Compensation Table

(a)
(b)
(c)
(d)
(e)
(f)
(g)
(h)
(i)
(j)

Name and Principal
Position

Year

Salary
($)

Bonus
($)

Stock
Awards
($)

Option
Awards
($)

Non-Equity Incentive Plan Compensation
($)
Change in Pension Value and Nonqualified Deferred Compensation Earnings
($)

All Other Compensation
($)

Totals
($)

Kao Lee,
President and CEO,
Top Kontrol, LLC (1)

2024
2023

56,333
56,333

0
0

0
0

0
0

0
0

0
0

0
0

0
17,333

Anthony Vang,
Treasurer, Secretary,
Director

2024
2023

28,167
28,167

0
0

0
0

0
0

0
0

0
0

0
0

0
8,666

Abdikarim Farah,
Vice President (2)
 
2024
2023
 
0
0
 
0
0
 
0
0
 
0
0
 
0
0
 
0
0
 
0
0
 
0
0

(1)Kao Lee resigned from the positions of President, Chief Executive Directors, and member of the Board of Directors when he assumed the new positions of President and Chief Executive Officer at Top Kontrol, LLC, a SecureTech wholly-owned subsidiary, in January 2025. 

(2)Abdikarim Farah resigned from his position at SecureTech in February 2025. 

Employment Agreements

We have not entered into any employment agreements with our officers or directors. As of the date of this Annual Report, we had no executive employees other than those listed above. Future employment arrangements are subject to the discretion of our Board of Directors.

Long-Term Incentive Plan Awards

We do not have any long-term incentive plans that provide compensation intended to serve as an incentive for performance.

Outstanding Equity Awards at the End of the Fiscal Year

We do not have and have never had any equity compensation plans, and therefore, no equity awards are outstanding as