{"url_path":"/sec/wamff/8-k/2026-05-14/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-05-14","source_url":"https://www.sec.gov/Archives/edgar/data/1893899/0001062993-26-002599-index.html","accession_number":"0001062993-26-002599","cik":"0001893899","ticker":"WAMFF","issuer_name":"Alaska Silver Corp.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1893899/0001062993-26-002599-index.html","primary_entity_key":"0001893899","primary_entity_name":"Alaska Silver Corp."},"word_count":238,"has_tables":true,"body_markdown":"**Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**\n\nOn May 13, 2026, the Board of Directors (the \"Board\") of Alaska Silver Corp. (the \"Company\") appointed Aaron Schutt as a director of the Company, effective May 13, 2026.\n\nThere are no arrangements or understandings between Mr. Schutt and any other person pursuant to which Mr. Schutt was selected as a director. Mr. Schutt has not been appointed to any committee of the Board at this time. There are no transactions involving Mr. Schutt that would be required to be reported under Item 404(a) of Regulation S-K.  Directors are entitled to annual compensation of $36,000 which can be paid in cash or restricted share units (\"RSUs\"), at the election of the director.  Grants of options can also be awarded at the discretion of board of directors\n\nAlso on May 13, 2026, the Company granted an aggregate of 1,045,609 RSUs to directors and officers and 960,000 stock options to certain directors, officers, employees and consultants, of which 500,000 stock options were granted to directors and officers of the Company. The grants were made in accordance with the Company's compensation policy. Each RSU entitles the holder to receive one common share of the Company upon vesting and will vest one year from the grant date. Each stock option is exercisable at C$0.805 per share for a term of five years."}