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Castellum (NYSE: CTM) sets $290k salaries, notice terms for top execs

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Castellum, Inc. reported new and updated employment arrangements for two senior executives. Effective January 1, 2026, the company entered into an at-will employment arrangement with its General Counsel, Tammy L. Martin, providing an annual base salary of $290,000 and eligibility to participate in benefit plans generally available to all employees.

Also effective January 1, 2026, Castellum increased the annual base salary of its Chief Operating Officer, Andrew Merriman, to $290,000. For both Ms. Martin and Mr. Merriman, the at-will employment terms were modified so that either party must give sixty days advance written notice before terminating the employment arrangement.

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0001877939False00018779392026-01-012026-01-01

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934
Date of Report (Date of earliest event reported): January 1, 2026
CASTELLUM, INC.
(Exact name of Registrant as specified in its charter)
Nevada001-4152627-4079982
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
1934 Old Gallows Road, Suite 350
Vienna, VA 22182
(Address of principal executive offices, including zip code)
(703) 752-6157
(Registrant’s telephone number, including area code)
Check the appropriate box below if the 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:
Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13(c)).
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common stock, par value $0.0001 per shareCTMNYSE American LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.



Item 5.02 Departure of directors or certain officers; election of directors; appointment of certain officers; compensatory arrangements of certain officers.
Castellum, Inc. (the "Company") entered into an at-will employment arrangement with Tammy L. Martin, the Company's General Counsel, the terms of which are effective January 1, 2026. Notwithstanding the at-will arrangement, each party has agreed to provide the other party with sixty days advanced written notice prior to terminating the employment arrangement. While employed by the Company, Ms. Martin will be entitled to an annual base salary of $290,000, and to participate in those benefit plans generally available to all employees of the Company.

Effective January 1, 2026, the Company increased the amount of the annual base salary paid to the Company's Chief Operating Officer, Andrew Merriman to $290,000. Mr. Merriman's at-will employment has also been modified to require he or the Company to provide the other party with sixty days advanced written notice prior to terminating the employment arrangement. While employed by the Company, Mr. Merriman will be entitled to participate in those benefit plans generally available to all employees of the Company.


Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No.Exhibit Title
104Cover Page Interactive Data File (embedded within the Inline XBRL document).



SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
CASTELLUM, INC.
Date: January 2, 2026By:/s/ Glen R. Ives
Name:Glen R. Ives
Title:Chief Executive Officer (Principal Executive Officer)

FAQ

What executive compensation changes did Castellum (CTM) disclose?

Castellum disclosed that, effective January 1, 2026, its General Counsel, Tammy L. Martin, has an annual base salary of $290,000, and its Chief Operating Officer, Andrew Merriman, also has an increased annual base salary of $290,000.

What are the new termination notice requirements for Castellum executives?

For both General Counsel Tammy L. Martin and Chief Operating Officer Andrew Merriman, the employment arrangements now require sixty days advance written notice from either party before terminating employment.

Are the new Castellum executive employment arrangements still at-will?

Yes. The company states that both Tammy L. Martin and Andrew Merriman have at-will employment arrangements, with the added requirement of sixty days advance written notice before termination.

What benefits will Castellum’s General Counsel and COO receive under these arrangements?

While employed by Castellum, both Tammy L. Martin and Andrew Merriman are entitled to participate in those benefit plans generally available to all employees of the company.

When do the updated Castellum (CTM) executive employment terms take effect?

The employment arrangement for General Counsel Tammy L. Martin and the salary increase and notice modification for Chief Operating Officer Andrew Merriman are all effective January 1, 2026.

Castellum Inc

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