Key Highlights

  • 374Water Inc. Names Charles Weiser CFO, offering a $225,000 annual base salary.
  • The compensation plan includes a performance bonus target of up to 75% of base pay and a $25,000 signing bonus.
  • Equity awards consist of 150,000 options and 125,000 RSUs, with 25% vesting immediately and the remainder over twelve quarters.

374Water Inc. Disclosed that Charles Weiser will assume the chief financial officer role on July 1 2026. The executive has served on the firm’s board and brings extensive finance leadership from several public- and private-sector companies.

CFO Appointment Details

Weiser’s appointment follows a board decision to strengthen financial oversight amid upcoming growth initiatives. He will retain his current CFO duties at another company until August 31 2026, ensuring a seamless transition for both organizations.

Compensation Structure

The employment agreement sets an annual base salary of $225,000, payable starting September 1 2026. A performance bonus can reach up to 75% of the base amount, prorated for the 2026 fiscal year and tied to company and individual targets. Twenty-five percent of each award vests immediately, with the balance vesting in twelve equal quarterly installments beginning October 1 2026.

Change-of-Control Provisions

If 374Water undergoes a change of control, half of any unvested options and RSUs will vest instantly.

Severance and Benefits

Should the company terminate Weiser, he will receive severance equal to six months of his base salary, continued health coverage for six months, any earned bonus, a prorated bonus for the fiscal year, and accelerated vesting of the unvested equity for six months.

Interim CFO Transition

Adrienne Anderson stepped down as interim CFO effective July 1 2026. She will continue providing financial consulting services under a new consulting arrangement, supporting the company's financial needs. The water utility sector often requires specialized expertise in financial reporting and compliance, and such arrangements can help ensure a smooth transition.

This article is for informational purposes only and does not constitute financial advice. Please consult a licensed financial adviser before making investment decisions.