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Get filing alertsPhibro appoints Daniel Bendheim CEO with $850K salary, 300K performance RSUs tied to $70-$100 stock targets
Filed June 26, 2026 · Period ending June 25, 2026 · ~1 min read
Key Changes
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Daniel Bendheim appointed CEO and President effective July 1, 2026, with $850K base salary, 50% target bonus, and annual RSU grants targeted at 50% of base salary.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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Bendheim granted 300K performance RSUs vesting June 30, 2031, based on 90-day average stock price: 25% vest at $70, 100% at $100+, with linear interpolation between; zero vest below $70.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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All unvested RSUs immediately vest at 100% if company delists following change of control or if CEO terminated without cause within 12 months of control change.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
1 more material change behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Generated by AI · Jun 29, 2026 12:15 AM