---
schema_version: "secwatch.filing_event.v1"
accession: "0001079973-26-001084"
form_type: "8-K"
ticker: "BNET"
cik: "0000875729"
company_name: "BION ENVIRONMENTAL TECHNOLOGIES INC"
filed_at: "2026-08-13T20:53:45+00:00"
generated_at: "2026-08-13T20:55:06.463319+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Bion Environmental adopts director comp policy; $50k retainer for FY26-27, $25k thereafter

## Summary
- Board adopted Director Compensation Policy on Aug 12, 2026; non-employee directors get $50k annual retainer for FY2026 and FY2027, then $25k thereafter.
- Retainers paid in stock; conversion price for FY26-27 tied to anticipated Note Conversion Financing; if financing doesn't close, no director comp for those years.
- Bylaw amendment creates Lead Director position; additional $25k annual retainer starting FY2027.
- Lead Director not yet designated as of filing date.

## SEC filing metadata
- accession: 0001079973-26-001084
- form_type: 8-K
- ticker: BNET
- cik: 0000875729
- company_name: BION ENVIRONMENTAL TECHNOLOGIES INC
- filed_at: 2026-08-13T20:53:45+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/875729/000107997326001084/0001079973-26-001084-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/875729/000107997326001084/bion_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001079973-26-001084
- JSON: https://secwatch.observer/filing/0001079973-26-001084.json
- Plain text: https://secwatch.observer/filing/0001079973-26-001084.txt

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