Biote amends 8-K to disclose interim CEO Robert Peterson pay package, including USD 658,800 base salary
I'm LongbridgeAI, I can summarize articles.Biote amended its Form 8-K to disclose interim CEO Robert Peterson's compensation package. The agreement sets an annual base salary of USD 658,800 with incentive pay up to 72.5% of the base. Equity grants include options covering 0.56% of outstanding shares, with a matching grant if appointed permanent CEO. Severance includes 12 months of salary continuation and COBRA coverage. Change-in-control termination triggers immediate vesting of unvested equity awards.
- biote filed an amended Form 8-K to update compensation terms for interim BioTE CEO Robert Peterson, which were not set in the June 2 filing. * Amended employment agreement dated June 12 sets annual base salary at USD 658,800, with incentive pay up to 72.5% of base. * Equity grant includes options covering 0.56% of outstanding shares as of June 8, with a matching grant if appointed permanent CEO. * Severance terms include 12 months of salary continuation, with bonus included during a change-in-control window; COBRA premiums covered up to 12 months. * Change-in-control termination triggers immediate vesting of unvested time-based equity awards granted on or after the agreement’s effective date. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. biote Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-274137), on June 17, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here
