AYRO Ayro, Inc. - 8-K

Item
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers

On
October 31, 2025 (the “Grant Date”), the Board of Directors (the “Board”) of StableX Technologies, Inc. (the
“Company”), based on the recommendation of the Compensation and Human Resources Committee of the Board, approved a
grant to each of Joshua Silverman, the Company’s Chief Executive Officer, and each non-employee director of the Company,
including Sebastian Giordano, Zvi Joseph, Greg Schiffman and Wayne Walker (collectively, the “Grantees”), stock options (“Options”)
to purchase an aggregate of 311,405 shares of common stock, par value $0.0001 per share (“Common Stock”), of the Company
consisting of: (i) Options to purchase up to 220,513 shares of Common Stock to Mr. Silverman and (ii) Options to purchase up to 22,723
shares of Common Stock to each non-employee director of the Company, with such Options having an exercise price equal to the
greater of (i) $6.25 per share or (ii) the fair market value (as defined in the StableX Technologies, Inc. Long-Term Incentive Plan (the
“Plan”)) per share on the Grant Date. The Options have a term of ten years and vest as follows: 75% of each of the respective
Options vested on the Grant Date and 25% of each of the respective Options will vest on December 31, 2025, provided that in each
case, the applicable Grantee is employed by or providing services to the Company through the applicable vesting date. The Options were
granted pursuant to the Plan.