Joshua Silverman
About Joshua Silverman
Joshua Silverman is the Chief Executive Officer of StableX Technologies, Inc. (SBLX) and serves as the company’s designated proxy for shareholder matters as of 2025 . He beneficially owns 3,091 shares of common stock, comprised of 1,549 directly held shares and 1,542 shares issuable upon settlement of vested RSUs, representing less than 1% of outstanding shares as of the September 5, 2025 record date . On October 31, 2025, the Compensation and Human Resources Committee recommended, and the Board granted, stock options to Mr. Silverman with a 10-year term, an exercise price at the greater of $6.25 per share or grant-date fair market value, with 75% vesting immediately and 25% vesting on December 31, 2025 contingent on continued service . Company-level voting actions under his leadership include approval to issue securities from the August 2025 financing and expansion of the long-term incentive plan share reserve to 400,000, both passed at the October 3, 2025 special meeting .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| StableX Technologies, Inc. | Chief Executive Officer | 2025–present | Led virtual special meeting and secured shareholder approvals for financing-related issuance and LTIP share reserve increase . |
| AYRO, Inc. (former name of SBLX) | Executive Chairman | 2024 | Executed Third Amendment to long-term incentive plan prior to the corporate rebranding to StableX . |
Fixed Compensation
No base salary, target bonus, or actual bonus amounts were disclosed in the available filings.
Performance Compensation
| Type | Grant Date | Quantity | Exercise/Grant Price | Term | Vesting |
|---|---|---|---|---|---|
| Stock Options (CEO) | Oct 31, 2025 | 220,513 options | Greater of $6.25 per share or grant-date fair market value | 10 years | 75% vested at grant; 25% vests Dec 31, 2025, subject to continued service |
| RSUs (prior awards) | Vested status as of Sep 5, 2025 | 1,542 shares issuable upon settlement | Not specified | Not specified | Vested |
Notes:
- The company’s incentive plan permits performance awards tied to metrics such as revenues, EBITDA, EPS, cash flow, sales growth, and total shareholder return; however, no specific metric weighting or payout calibration was disclosed for Mr. Silverman’s awards .
- The incentive plan includes a recoupment provision allowing the company to claw back awards in the event of a financial restatement per policy .
Equity Ownership & Alignment
| Ownership Component | Amount | Status/Notes |
|---|---|---|
| Common shares beneficially owned | 3,091 | Includes 1,549 directly held shares and 1,542 shares issuable upon settlement of vested RSUs . |
| Ownership % of outstanding | <1% (star footnote) | Based on 888,978 common shares outstanding as of the record date . |
| Options granted | 220,513 options | 75% vested on Oct 31, 2025; 25% scheduled to vest on Dec 31, 2025, subject to service . |
| Stock ownership guidelines | Not disclosed | — |
| Pledging/Hedging | Not disclosed | — |
Employment Terms
- Change-in-control definition and governance exist within the long-term incentive plan; specific severance multiples or change-in-control economics for Mr. Silverman are not disclosed in the available filings .
- Company clawback policy applies to awards under the plan in the event of financial restatements, per the plan’s recoupment language .
Investment Implications
- Near-term vesting supply: 25% of Mr. Silverman’s October 31, 2025 option grant vests on December 31, 2025, which can add incremental potential selling pressure or exercise activity around year-end; the exercise price is set at the greater of $6.25 or fair market value at grant, with a 10-year term providing long-duration alignment .
- Alignment vs. dilution: Mr. Silverman’s direct ownership is below 1% of outstanding shares, while company-level approvals for the August 2025 financing enable substantial potential issuance of common stock via Series I preferred conversions and warrants, increasing dilution risk for common shareholders and potentially impacting incentive value realizations .
- Governance and execution risk: The company disclosed material weaknesses in internal controls and changed auditors twice in 2025 (dismissal of CBIZ CPAs in September and appointment of Stephano Slack LLC), which elevates execution and reporting risk profiles that investors should monitor through subsequent filings .
- Incentive capacity expansion: Share reserve expansion to 400,000 under the long-term incentive plan increases the ability to deliver future equity awards to drive retention and performance alignment across management and directors .