Binah Capital grants CEO 94,828 restricted shares; CFO Shane gets contract extension to 5 years

Binah Capital Group, Inc.

CEO Craig Gould awarded 94,828 fully vested restricted shares at $2.32/share ($220,000 aggregate value) under 2024 Equity Incentive Plan.
Annual incentive bonuses for FY2025 set at $350,000 each for CEO Gould and CFO David Shane.
CFO Shane's employment agreement amended from three-year to five-year term to align with CEO's term.
Amended Series B Preferred Stock terms allow cash dividends or up to 50% in shares; if senior default, only shares.

item 3.03 item 5.02 item 5.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

Binah Capital Group, Inc. issued preferred stock.

Security: preferred stock

Exact text from the filing

On February 26, 2026, in accordance with the terms of the Credit Agreement, dated December 23, 2024 (the “ Credit Agreement ”) with Byline Bank, as lender (the “ Lender ”), the Series B Investors entered into a subordination agreement with the Lender and the Company filed of record with the Secretary of State of the State of Delaware the Amended and Restated Certificate of Designation amending and restating the terms of the Series B Preferred Stock (the “ Amended Certificate of Designation ”).

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Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Binah Capital Group, Inc.: Amended and Restated Certificate of Designation for Series B Preferred Stock to modify dividend payment terms (effective 2026-02-26).

Change: charter amendment
Effective: 2026-02-26

Exact text from the filing

On February 26, 2026, in accordance with the terms of the Credit Agreement, dated December 23, 2024 (the “ Credit Agreement ”) with Byline Bank, as lender (the “ Lender ”), the Series B Investors entered into a subordination agreement with the Lender and the Company filed of record with the Secretary of State of the State of Delaware the Amended and Restated Certificate of Designation amending and restating the terms of the Series B Preferred Stock (the “ Amended Certificate of Designation ”).

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Source: SEC EDGAR

accession 0001104659-26-021627

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