---
schema_version: "secwatch.filing_event.v1"
accession: "0000085535-25-000071"
form_type: "8-K"
ticker: "RGLD"
cik: "0000085535"
company_name: "ROYAL GOLD INC"
filed_at: "2025-04-18T23:59:59+00:00"
generated_at: "2026-05-23T11:21:10.433302+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# Royal Gold amends exec employment contract with Daniel Breeze; base salary CHF 458K

## Summary
- Amended and restated employment contract for SVP Corporate Development Daniel Breeze, effective April 16, 2025.
- Annual base salary of CHF 458,000, subject to future increase by the Compensation Committee.
- Eligible for annual cash bonus (target 90% of base) and discretionary equity awards under company plans.
- Severance: 1x base+bad on termination without cause; 1.5x on change-in-control within 24 months.
- Non-compete for 12 months post-termination covering precious metals royalties/streams globally.

## SEC filing metadata
- accession: 0000085535-25-000071
- form_type: 8-K
- ticker: RGLD
- cik: 0000085535
- company_name: ROYAL GOLD INC
- filed_at: 2025-04-18T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/85535/000008553525000071/0000085535-25-000071-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/85535/000008553525000071/rgld-20250416.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000085535-25-000071
- JSON: https://secwatch.observer/filing/0000085535-25-000071.json
- Plain text: https://secwatch.observer/filing/0000085535-25-000071.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.