Company: KAVL
Filing Date: 2025-02-10
Form Type: 10-K
Source: 0001731122-25-000185
Chunk: 1097

Company: Kaival Brands Innovations Group, Inc.
Filing Date: 2025-02-10
Form: 10-K
Item: Item 11
Chunk 1097
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0  
     0  
     0  
     0  
     74,583 
  
    Thomas Metzler, Former CFO   (4) 
     2023  
     61,076  
     0  
     0  
     150,000  
     0  
     0  
     211,076 

     2024  
     83,112  
     0  
     0  
     0  
     0  
     0  
     83,112 
  
    Stephen Sheriff, Former COO (5) 
     2023  
     146,528  
     7,500  
     0  
     75,808  
     0  
     0  
     229,836 

     2024  
     88,352  
      0  
     0  
     0  
     0  
     0  
     88,352 
  
    Eric Morris, Interim CFO 
     2023  
     84,720  
     3,000  
     0  
     39,117  
     0  
     0  
     126,837 

     2024  
     168,960  
     1,500  
     0  
     0  
     0  
     0  
     170,460 

(1)
Reflects
the fair value of stock awards during the years in accordance with FASB ASC 718, Compensation–- Stock Compensation, using actual
forfeitures that were immaterial. For valuation assumptions related to the 2023   option awards, refer to Note 2, “Share-Based
Compensation,” to the accompanying audited consolidated financial statements for the year ended October 31, 2024.

(2)
Mr.
Nirajkumar Patel resigned from the Company on September 7, 2024, upon his passing.

(3)
Mr. Mosser resigned from the Company on March 8, 2024.

(4)
Mr. Metzler resigned from the Company on February 20, 2024.

(5)
Mr. Sheriff resigned from the Company on February 22,