Brand Engagement Network Inc. (BNAI) Form 8-K — Jul 13, 2026
Brand Engagement Network Inc. entered into a new employment agreement with Chief Executive Officer Tyler Luck effective June 1, 2026, extending his term through June 1, 2029. Mr. Luck, who has served as CEO since September 2025, will receive a base salary of $360,000 per year along with one-time payments totaling $275,000 for his prior interim services and work performed in 2025.
Key figures
- Base Salary
- 360000
- Shares Offered
- 100000
- Severance term
- Remainder of term or 1 year, whichever is greater
- 2025 services bonus
- 150000
- Interim ceo payment
- 125000
- Office allowance monthly
- 1500
- Rsu market cap thresholds
- ["$1,000,000,000","$2,000,000,000","$3,000,000,000"]
- Performance bonus russell 1000
- 3x annual base salary
- Performance bonus patent revenue rate
- 5% of gross revenue
- Performance bonus patent revenue threshold
- $10,000,000
Price after filing
1 day: +8.9%7 days: -13.7%30 days: +21.0%
Close on the filing date to close N calendar days later (from $12.60). Historical, not a forecast.
AI analysis
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