Company: XERI
Filing Date: 2025-10-02
Form Type: 10-K
Source: 0001477932-25-007303
Chunk: 378

Company: XERIANT, INC.
Filing Date: 2025-10-02
Form: 10-K
Item: Item 2
Chunk 378
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 - Director 2024  -   -   -   -   -   -   -   -                                    Edward C. DeFeudis (1) 2025 $80,000   -   -   -   -   -   -  $80,000 Director 2024 $78,500   -   -   -   -   -   -  $78,500                                    Mark Sternberg  2025 $-   -   -   -   -   -   -  $- Director 2024 $-   -   -   -   -   -   -  $- 

 (1)Paid as consulting fees for the years ended June 30, 2025, and 2024 to Edward C. DeFeudis, a member of the board of directors. The Company recorded $0 in accrued liabilities related to unpaid compensation for Edward DeFeudis, for the year ended June 30, 2025.

Executive Compensation Policies as They Relate to Risk Management

Management has considered whether our compensation policies might encourage inappropriate risk taking by the Company’s executive officers and other employees. The Compensation Committee has determined that the current compensation structure aligns the interests of the executive officers with those of the Company without providing rewards for excessive risk taking by awarding a mix of fixed and performance-based or discretionary bonuses with the performance-based compensation focused on profits as opposed to revenue growth.

Option Exercises and Fiscal Year-end Option Value Table

None of the named executive officers exercised any stock options during the year ended June 30, 2025, or held any outstanding stock options as of June 30, 2025.

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Incentive Plan

The Registrant does not have any equity compensation plans.

Consulting Agreements

None, although the officers are currently paid as related party consultants of the Company.

Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters. 

The table below sets forth as of June 30, 2025, information with respect to beneficial ownership of the Company’s common stock by:

 ·Each person known to the Company to own beneficially more than 5% of our outstanding common stock, either before or immediately