07/21/2026 | Press release | Distributed by Public on 07/21/2026 14:02
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
One-Time Executive Supplemental Award
On July 15, 2026, the Board of Directors (the "Board") of Sky Quarry Inc. (the "Company"), upon the recommendation of the Compensation Committee of the Board, approved a one-time, discretionary cash award in the amount of $100,000 (the "Executive Supplemental Award") to Marcus Laun, in recognition of his service as the Company's President, interim Chief Executive Officer and interim Chief Financial Officer and his leadership in guiding the Company through its growth initiatives. The Executive Supplemental Award is a lump-sum cash payment approved by the Board outside of, and in addition to, the Company's annual incentive compensation program.