Christopher R. Moe
About Christopher R. Moe
Christopher R. Moe, age 69, is Chief Financial Officer of Beeline Holdings, Inc. (BLNE). He became BLNE’s CFO on October 7, 2024 after serving as CFO of Beeline Financial (the Company’s principal subsidiary) since June 2023 . His background includes board service at Red Cat Holdings (Nasdaq: RCAT) since February 16, 2022 and prior CFO/director roles at Yates Electrospace Corporation (2018–2023) . In 2024, he earned a transaction bonus tied to Beeline’s recapitalization efforts, indicating a focus on balance sheet repair and capital structure execution; the proxy does not disclose BLNE TSR, revenue growth, or EBITDA growth attributable to his tenure .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Beeline Holdings, Inc. | Chief Financial Officer | Since Oct 7, 2024 | Finance leadership post-merger; equity plan implementation and capital structure workstreams |
| Beeline Financial (subsidiary) | Chief Financial Officer | Since Jun 2023 | Subsidiary finance leadership; supported recapitalization that drove 2024 cash bonus |
| Yates Electrospace Corporation | Chief Financial Officer and Director | 2018–2023 | Finance oversight for heavy-payload logistics drone provider |
External Roles
| Organization | Role | Years | Notes |
|---|---|---|---|
| Red Cat Holdings, Inc. (Nasdaq: RCAT) | Director | Since Feb 16, 2022 | Governance interlocks disclosed with BLNE directors |
Fixed Compensation
| Year | Base Salary ($) | Target Bonus % | Actual Bonus ($) | Notes |
|---|---|---|---|---|
| 2024 | 180,000 | Not disclosed | 140,672 (earned for June 5, 2024 recapitalization; $20,096 paid, balance accrued) | Offer letter provides salary at $15,000/month |
| 2023 | 180,000 | Not disclosed | — | — |
Performance Compensation
| Instrument | Grant/Effective Date | Quantity | Exercise/Grant Price | Vesting | Term | Performance Conditions |
|---|---|---|---|---|---|---|
| Stock Options (ISO/NQ option elective) | Approved May 28, 2025; effective upon stockholder approval Oct 2, 2025 | 235,000 | $1.01376 per share (final) | Vests 50% per year over 2 years from May 28, 2025 (expected vest dates: May 28, 2026 and May 28, 2027), subject to service | 10 years | No explicit financial/TSR metrics disclosed |
| 2024 Cash Bonus | Earned Jun 5, 2024 | — | — | One-time; linked to recapitalization milestone | — | Transaction-based (recapitalization) |
Notes:
- Options were contingent on shareholder approval of the Amended and Restated 2025 Equity Incentive Plan and became effective after approval on October 2, 2025 .
- The Company’s plan permits both ISO and non-qualified options at the executive’s election .
Equity Ownership & Alignment
| Category | Detail |
|---|---|
| Beneficial ownership (Common) | No Common Stock beneficially owned as of Aug 8, 2025 record date; footnote notes pending stock option grant contingent on plan approval . |
| Options outstanding | 235,000 options, $1.01376 strike, 10-year term; vest 50% on May 28, 2026 and 50% on May 28, 2027, subject to continued service . |
| Ownership guidelines | Not disclosed - -. |
| Hedging/Pledging | Hedging prohibited under Insider Trading Policy; policy does not explicitly address pledging; no pledges disclosed for Moe . |
| Trading windows | Blackout periods begin 10 days before quarter-end and end two days after earnings release; Board may impose event-specific blackouts . |
| Clawback | Nasdaq-compliant clawback policy to recoup “excess” incentive compensation upon restatement (3-year lookback) . |
Employment Terms
| Term | Details |
|---|---|
| Employment start | Appointed CFO of BLNE on Oct 7, 2024; CFO of Beeline Financial since Jun 2023 . |
| Compensation basis | Offer letter: $15,000 per month salary; 2024 recapitalization bonus of $140,672 (partial paid) . |
| Severance | Not disclosed . |
| Change-of-control (equity) | Awards are assumed/substituted by successor; if not assumed, awards fully vest and become exercisable for at least 15 days (conditional acceleration) -. |
| Forfeiture/Clawback | Forfeiture for cause, competition, confidentiality breach, insider trading violations; clawback per Nasdaq rules; profit recoupment on sales within defined post-termination window under plan forms -. |
| Non-compete/Non-solicit | Not disclosed in offer letter; plan-level forfeiture includes competition and solicitation as triggers . |
Board/Committee Interlocks and Governance Notes
- Compensation Committee: independent directors; authorized to set executive compensation; no external compensation consultant engaged for 2024 -.
- Interlocks: BLNE discloses overlapping service at Red Cat Holdings among Mr. Moe and other BLNE insiders (governance interlock) .
Vesting, Selling Pressure, and Overhang Considerations
- Near-term vesting: The 235,000 option grant vests in two equal annual tranches from May 28, 2025, implying potential unlocks around May 28, 2026 and May 28, 2027, subject to service .
- Trading constraints: Company blackout windows and anti-hedging policy limit opportunistic trading; plan and award forms include forfeiture and stop-transfer mechanics .
- Pledging: No executive pledging disclosure for Moe; policy is silent on pledging—monitor future proxies/8-Ks .
Performance & Track Record
- 2024 recapitalization: Moe earned a $140,672 bonus tied to the June 5, 2024 recapitalization, with partial cash paid and balance accrued, indicating execution on debt/capital restructuring .
- Additional achievements/failures: Not disclosed in the proxy/8-K excerpts; no legal proceedings disclosed applicable to Moe .
Compensation Structure Analysis
- Mix shift: 2025 equity is option-heavy with two-year vesting; no RSUs/PSUs disclosed for Moe in 2025 grants .
- At-risk vs fixed: Material at-risk component via options; no target annual incentive framework disclosed (no target % or performance curves) .
- Change-in-control terms: Conditional single-trigger acceleration only if awards are not assumed/substituted, aligning with market “reasonable protection” norms -.
- Clawback and forfeiture: Strong policy framework (restatement clawback; conduct-based forfeiture), supportive of shareholder alignment .
Equity Plan and Shareholder Approval Context
- 2025 Equity Incentive Plan approved on Oct 2, 2025; option grants (including Moe’s) became effective on approval .
- Vote outcomes: Proposal 2 (plan approval) passed 5,726,389 For / 295,941 Against / 16,844 Abstain .
Investment Implications
- Pay-for-performance alignment: Moe’s compensation leans toward at-risk equity (options) with service-based vesting and a transaction-linked bonus; absence of explicit financial/TSR performance metrics reduces direct performance pay linkage but concentrates incentives on equity value creation and retention .
- Retention and timing risk: Two-year vesting (back-dated to May 28, 2025) creates retention hooks through mid-2027; selling pressure is mitigated by blackout policy and forfeiture/clawback provisions but may rise around vest dates if in-the-money .
- Alignment and ownership: As of the record date, Moe reported no common stock ownership; the primary alignment lever is unvested options, so realized alignment depends on future share performance and vesting .
- Governance: Independent compensation oversight and a compliant clawback are positives; disclosed interlocks at RCAT warrant routine monitoring for potential conflicts .
Key disclosures cited: executive background and ages ; compensation tables and recapitalization bonus ; beneficial ownership and footnotes -; equity plan mechanics and change-of-control -; insider trading, hedging, and clawback policies ; option grant details and final exercise price on approval ; option agreement form terms -.