Intrusion Inc. Discloses Executive Compensation Details

TL;DR

Intrusion Inc. DEF 14A shows CEO Anthony Scott's equity awards for 2023.

AI Summary

Intrusion Inc. filed a DEF 14A on July 15, 2024, detailing executive compensation and corporate governance for the fiscal year ending December 31, 2023. The filing includes information on equity awards granted to CEO Anthony Scott, with specific values for reported equity awards, fair value of unvested awards, and year-over-year changes in award values.

Why It Matters

This filing provides transparency into how Intrusion Inc. compensates its top executives, which can influence investor decisions and perceptions of company management.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of executive compensation and corporate governance, not indicating immediate financial distress or significant operational changes.

Key Numbers

• 2023 — Fiscal Year (Reporting period for executive compensation details.)
• 2022 — Prior Fiscal Year (Used for year-over-year comparison of executive awards.)

Key Players & Entities

• INTRUSION INC (company) — Filer
• Anthony Scott (person) — CEO
• 0000736012 (company) — Central Index Key
• 20240715 (date) — Filing Date
• 2023-12-31 (date) — Fiscal Year End

FAQ

Key Financial Figures

• $10.0 Million — e the reservation and issuance of up to $10.0 Million of Common Stock in connection with a St
• $0.01 — 629 outstanding shares of Common Stock, $0.01 par value (the "Common Stock") held of
• $85 billion — ment responsibilities for the more than $85 billion budget that the Federal Government annu
• $100 million — revenue startups to companies with over $100 million in annual revenues. In this capacity, h

Filing Documents

• intrusion_idef14a.htm (DEF 14A) — 626KB
• image_004.jpg (GRAPHIC) — 127KB
• image_005.jpg (GRAPHIC) — 79KB
• 0001683168-24-004814.txt ( ) — 1642KB
• intz-20231231.xsd (EX-101.SCH) — 4KB
• intz-20231231_def.xml (EX-101.DEF) — 8KB
• intz-20231231_lab.xml (EX-101.LAB) — 58KB
• intz-20231231_pre.xml (EX-101.PRE) — 48KB
• intrusion_idef14a_htm.xml (XML) — 66KB

: Gender Identity

Part I: Gender Identity Female Male Non-Binary Did Not Disclose Gender Directors 1 5 African American or Black 1 Alaskan Native or Native American Asian Hispanic or Latinx Native Hawaiian or Pacific Islander White 1 4 Two or More Races or Ethnicities LGBTQ+ Did Not Disclose Demographic Background 3 Director Biographies Below is a brief account of the business experience of each of the director nominees and executive officers. Anthony Scott was appointed as our President and Chief Executive Officer on November 11, 2021, and as a director on January 21, 2022. Mr. Scott's prior engagements demonstrate many years of executive leadership and cybersecurity experience, including serving as Federal Chief Information Officer for the U.S. government, Chief Information Officer for multi-billion corporations such as VMware, Microsoft and The Walt Disney Company, as well as a private consultant helping organizations implement effective world class solutions for cybersecurity, IT governance and crisis management. Prior to his appointment, Scott had been serving as the founder and CEO of the Tony Scott Group, LLC., a Washington DC and Silicon Valley-based consulting and venture capital firm focused on early-stage cybersecurity and privacy technologies. Before starting the Tony Scott Group in 2017, Scott was appointed by President Obama as the Federal Chief Information Officer for the U.S. Government in February 2015. In that role, he had oversight, budget and management responsibilities for the more than $85 billion budget that the Federal Government annually spends on IT. He and his team managed the government-wide response plan after the Office of Program Management cybersecurity incident, which prompted the Cybersecurity Sprint and Implementation Plan (CSIP) that dramatically improved the information systems security posture of the Federal Government. He also created the first "State of IT" report at the end of the Obama administration, coll

View Full Filing

View this DEF 14A filing on SEC EDGAR