SuperX AI sets $360K pay for CIO Jack Yang
SuperX AI Technology Ltd (SUPX) reports that its board of directors has approved and ratified a new employment agreement with Chief Investment Officer and Executive Director Jie (Jack) Yang, dated August 1, 2026.
Rhea-AI Filing Summary
SuperX AI Technology Ltd (SUPX) reports that its board of directors has approved and ratified a new employment agreement with Chief Investment Officer and Executive Director Jie (Jack) Yang, dated August 1, 2026. This agreement supersedes his prior employment agreement dated August 1, 2025.
The Employment Agreement has an initial one-year term starting August 1, 2026, with automatic one-year renewals unless either party gives 60 days’ notice of non-renewal. Mr. Yang will receive an annual base salary of US$360,000 and a monthly housing allowance of up to US$10,000 on a reimbursement basis, and is eligible for an annual bonus and participation in the company’s equity incentive and benefit programs. Mr. Yang abstained from the board vote approving the agreement.
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Key Figures
Annual base salary: US$360,000 per year
Monthly housing allowance cap: US$10,000 per month
Initial employment term: 1 year
+3 more
6 metrics
Annual base salary
US$360,000 per year
Compensation for Jie (Jack) Yang as Chief Investment Officer and Executive Director under Employment Agreement dated August 1, 2026
Monthly housing allowance cap
US$10,000 per month
Housing allowance on a reimbursement basis for Jie (Jack) Yang
Initial employment term
1 year
Initial term commencing August 1, 2026 for the Employment Agreement
Non-renewal notice period
60 days
Notice required by either party to prevent automatic one-year renewal of the Employment Agreement
Prior agreement date
August 1, 2025
Date of Mr. Yang’s prior employment agreement superseded by the new agreement
New agreement date
August 1, 2026
Date of the Employment Agreement approved and ratified by the Board
Key Terms
foreign private issuer, Form 20-F, equity incentive, Compensation Committee, +1 more
5 terms
foreign private issuer regulatory
"FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.
Form 20-F regulatory
"whether the registrant files or will file annual reports under cover of Form 20-F"
Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.
equity incentive financial
"eligible for an annual bonus and participation in the Company’s equity incentive and benefit programs"
Equity incentive is a form of pay that gives employees or executives a stake in the company through stock or the right to buy stock, often granted with conditions that spread out over time. It matters to investors because it aligns workers’ interests with shareholders—encouraging growth and retention—but can also affect share count and profits when new shares are issued, similar to giving team members a slice of the company pie that can grow or dilute others’ slices.
Compensation Committee regulatory
"upon the review, approval and recommendation of the Compensation Committee of the Board"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
Employment Agreement financial
"the Board approved and ratified a new employment agreement between the Company and Mr. Yang"
FAQ
What executive employment change did SUPX announce in this Form 6-K?
SuperX AI Technology Ltd approved and ratified a new Employment Agreement with Jie (Jack) Yang, who serves as the company’s Chief Investment Officer and Executive Director, replacing his prior agreement dated August 1, 2025.
What is Jie (Jack) Yang’s base salary under the new SUPX agreement?
Under the new Employment Agreement, Jie (Jack) Yang is entitled to an annual base salary of US$360,000. This salary is in addition to his eligibility for an annual bonus and participation in SuperX AI Technology Ltd’s equity incentive and benefit programs.
What housing benefits does SUPX provide to its Chief Investment Officer?
The Employment Agreement grants Jie (Jack) Yang a monthly housing allowance of up to US$10,000 on a reimbursement basis. This housing allowance is provided on top of his base salary and potential bonus opportunities.
How long is the term of Jie (Jack) Yang’s new Employment Agreement with SUPX?
The Employment Agreement has an initial one-year term starting August 1, 2026, and is subject to automatic one-year renewals unless either SuperX AI Technology Ltd or Jie (Jack) Yang provides 60 days’ notice of non-renewal.
Does Jie (Jack) Yang participate in SUPX equity incentive programs under this agreement?
Yes. The Employment Agreement states that Jie (Jack) Yang is eligible for an annual bonus and for participation in SuperX AI Technology Ltd’s equity incentive and benefit programs, aligning part of his compensation with company performance.
Did Jie (Jack) Yang vote on the approval of his new SUPX Employment Agreement?
No. The filing states that Mr. Yang abstained from the Board’s vote on approval of the Employment Agreement, after it was reviewed, approved, and recommended by the Compensation Committee.
AI-generated analysis. How Rhea-AI works. Not financial advice.
