{"url_path":"/sec/cik-0001578329/10-k/2026/item-11","section_key":"item-11","section_title":"Item 11 Executive Compensation**","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-07-13","source_url":"https://www.sec.gov/Archives/edgar/data/1578329/0001578329-26-000004-index.html","accession_number":"0001578329-26-000004","cik":"0001578329","ticker":null,"issuer_name":"APEX 11 INC.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1578329/0001578329-26-000004-index.html","primary_entity_key":"0001578329","primary_entity_name":"APEX 11 INC."},"word_count":633,"has_tables":true,"body_markdown":"**Item 11. Executive Compensation**\n\n \n\nThe following table sets forth information concerning all cash and non-cash compensation awarded to, earned by, or paid to the Company’s officer during the years ended December 31, 2025, and 2024 for services to the Company.\n\n \n\n \n\n \n\n \n\n17\n\n \n\n \n\n**Name**\n\n \n\n**Position**\n\n \n\n**Year**\n\n**Ended**\n\n**&**\n\n**Period**\n\n**Ended**\n\n \n\n**Salary**\n\n**Paid**\n\n**($)**\n\n \n\n**Bonus**\n\n**($)**\n\n \n\n**Stock**\n\n**Awards**\n\n**($)**\n\n \n\n**Option**\n\n**Awards**\n\n**($)**\n\n \n\n**Non-**\n\n**Equity**\n\n**Incentive**\n\n**Plan**\n\n**Compensation**\n\n**($)**\n\n \n\n**All**\n\n**Other**\n\n**Compensation**\n\n**($)**\n\n \n\n**Total**\n\n**($)**\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\nAnthony\n\n \n\n \n\n \n\n2025\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n-\n\nIarocci\n\n \n\n \n\n \n\n2024\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\nMichael\n\n \n\n \n\n \n\n2025\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n-\n\nSchnaus\n\n \n\n \n\n \n\n2024\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n**Compensation of Directors**\n\n \n\nThe following table sets forth the information concerning cash and non-cash compensation awarded to, earned by, or paid to the Company’s director during the years ended December 31, 2025, and 2024 for services to the Company.\n\n \n\n**Name**\n\n \n\n**Year**\n\n**Ended**\n\n**&**\n\n**Period**\n\n**Ended**\n\n \n\n**Fees**\n\n**Earned**\n\n**or Paid**\n\n**in**\n\n**Cash**\n\n**($)**\n\n \n\n**Stock**\n\n**Awards**\n\n**($)**\n\n \n\n**Option**\n\n**Awards**\n\n**($)**\n\n \n\n**Non-**\n\n**Equity**\n\n**Incentive**\n\n**Plan**\n\n**Compensation**\n\n**($)**\n\n \n\n**Change in**\n\n**Pension Value**\n\n**And**\n\n**Nonqualified**\n\n**Deferred**\n\n**Compensation**\n\n**Earnings**\n\n**($)**\n\n \n\n**All Other**\n\n**Compensation**\n\n**($)**\n\n \n\n**Total**\n\n**($)**\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\nAnthony\n\n \n\n2025\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n \n\n \n\n \n\n-\n\nIarocci\n\n \n\n2024\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n \n\n \n\n \n\n-\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\nMichael\n\n \n\n2025\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n-\n\nSchnauss\n\n \n\n2024\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n \n\n-\n\n \n\n**Employment Agreements and Benefits**\n\n \n\nWe currently have no employment agreements or benefits.\n\n \n\n**Potential Payments Upon Termination or Change in Control**\n\n \n\nAs of the date of this report, there were no potential payments or benefits payable to our executive officer upon his termination or in connection with a change in control.\n\n \n\n**Pension Benefits**\n\n \n\nNo named executive officer received or held pension benefits during the years ended December 31, 2025, and 2024.\n\n \n\n**Nonqualified Deferred Compensation**\n\n \n\nNo nonqualified deferred compensation was offered or issued to our executive officer for the years ended December 31, 2025, and 2024.\n\n \n\n**Grants of Plan-Based Awards**\n\n \n\nDuring the years ended December 31, 2025, and 2024, we have not granted any plan-based awards to our executive officer.\n\n \n\n**Outstanding Equity Awards**\n\n \n\nNo unexercised options or warrants were held by our named executive officer during the years ended December 31, 2025, and 2024. No equity awards were made during the years ended December 31, 2025, and 2024.\n\n \n\n18\n\n \n\n**Option Exercises and Stock Vested**\n\n \n\nDuring the years ended December 31, 2025, and 2024 our executive officer has neither been granted any options, nor did any unvested stock or options granted to our executive officer vest. As of the date of this report, our executive officer did not have any stock options or unvested shares of stock of the Company.\n\n \n\n**Compensation Committee Interlocks and Insider Participation**\n\n \n\nDuring the years ended December 31, 2025, and 2024, we did not have a standing compensation committee. Our Board of Directors was responsible for the functions that would otherwise be handled by the compensation committee. All directors participated in deliberations concerning executive officer compensation, including directors who were also executive officers.\n\n \n\n**Employment Agreements**\n\n \n\nWe have not entered into an employment agreement with our executive officer. Our decision to enter into an employment agreement, if any, will be made by our compensation committee.\n\n \n\n**Equity Incentive Plan**\n\n \n\nWe expect to adopt an equity incentive plan. The purpose of the plan is to attract and retain qualified persons upon whom our sustained progress, growth and profitability depend, to motivate these persons to achieve long-term company goals, and to more closely align these persons’ interests with those of our other shareholder by providing them with a proprietary interest in our growth and performance. Our future executive officers, employees, consultants, and non-employee directors will be eligible to participate in the plan. We have not determined the number of shares of our common stock to be reserved for issuance under the proposed equity incentive plan."}