secwatch.observer — SEC 8-K summary
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Issuer:     BION ENVIRONMENTAL TECHNOLOGIES INC (BNET)
CIK:        0000875729
Form:       8-K
Filed at:   2026-08-13T20:53:45+00:00
Accession:  0001079973-26-001084
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/875729/000107997326001084/0001079973-26-001084-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/875729/000107997326001084/bion_8k.htm
  HTML page:      https://secwatch.observer/filing/0001079973-26-001084

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