Company: CXAI
Filing Date: 2025-04-07
Form Type: 10-K
Source: 0001829126-25-002438
Chunk: 485

Company: CXApp Inc.
Filing Date: 2025-04-07
Form: 10-K
Item: Item 3
Chunk 485
---

    Chief Executive Officer
     
    2023

    $
    254,375

    $
    97,500

    $
    360,000

    $
    1,291,626

    $
    -

    $
    2,003,501

    Joy Mbanugo
     
    2024

    $
    92,948

    $
    8,485

    $
    -

    $
    552,000

    $
    25,000

    $
    678,433

    Chief Financial Officer
     
    2023

    $
    -

    $
    -

    $
    -

    $
    -

    $
    -

    $
    -

Narrative Disclosure to the Summary Compensation Table

Khurram P. Sheikh, our chief executive officer, received (i) a salary of $325,000 and a bonus of $255,938 as compensation during the fiscal year ended December 31, 2024, and (ii) a salary of $254,375 and a bonus of $97,500 as compensation for his services to CXApp during the period March 15, 2023 to December 31, 2023; and

Joy Mbanugo, our Chief Financial Officer, received (i) a salary of $92,948 and a bonus of $8,485 as compensation for her services during the fiscal year ended December 31, 2024.

67

Outstanding Equity Awards at Fiscal Year-End

Other than as set forth below, there were no outstanding unexercised options, unvested stock, and/or equity incentive plan awards issued to our Named Executive Officers as of December 31, 2024.

    Option Awards

    Stock Awards

    Name
     
    Grant Date

    Expiration Date

    Number ofsecuritiesunderlyingunexercisedoptions (#)exercisable

    Number ofsecuritiesunderlyingunexercisedoptions (#)unexercisable

        Equity Incentiveplan awards:
        number ofsecuritiesunderlyingunexercisedunearnedoptions(#)

    Optionexerciseprice($)

    Number ofshares ofrestrictedstock(#)

    Market value ofshares ofrestrictedstock($)

    Khurram P. Sheikh
     
    Mar 29, 2023

    Mar 29, 2033

    422,100

    422,100
    (1