Company: AGSS
Filing Date: 2025-05-12
Form Type: 10-K
Source: 0001829126-25-003553
Chunk: 700

Company: AMERIGUARD SECURITY SERVICES, INC.
Filing Date: 2025-05-12
Form: 10-K
Item: Item 11
Chunk 700
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Executive positions and salaries:

    Name and Position
     
    Year
     
    Salary
($)
     
    Bonus
($)
     
    Other 
Compensation
($)
     
    Total
($)

    Lawrence Garcia – CEO
     
    2024
     
    188,351

    21,279
     
    259,630

    2023
     
    188,351
     
    50,000
     
    21,279
     
    259,630

    Jason
    Bovell, CPA – CFO – contract employee
     
    2024

    240,000

    Michael Goossen, CPA – former CFO
     
    2023
     
    150,000
     
    20,000
     
    1,038
     
    171,038

Employment Agreements

As of December 31, 2024, there are no employment agreements in place. It is the intention of ownership to rely on the recommendation of the compensation committee appointed by the Board of Directors.

Outstanding Equity Awards at Fiscal Year-End

There were no outstanding equity awards held by our officers as of December 31, 2024.

Long-Term Incentive Plans and Awards

There were no awards made to a named executive
officer in fiscal 2024 and 2023 under any long-term incentive plan.

Director Compensation

Directors are permitted to receive fixed fees and other compensation for their services as directors. The Board of Directors has the authority to fix the compensation of directors.

Payments to Directors totaled $135,000 for the
year ended December 31, 2024, and $120,000 for the year ended December 31, 2023.

17

ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS

Beneficial ownership is determined in accordance
with SEC rules and generally includes voting or investment power with respect to securities. All share ownership figures include shares
of our Common Stock issuable upon securities convertible or exchangeable into shares of our Common Stock within sixty (60) days of March
31, 2025 which are deemed outstanding and beneficially owned by such person for purposes of computing his or her percentage ownership,
but not for purposes of computing the percentage ownership of any other person.

    Name and Address 
    Benef