---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-097964"
form_type: "8-K/A"
ticker: "BVS"
cik: "0001665988"
company_name: "Bioventus Inc."
filed_at: "2023-04-11T23:59:59+00:00"
generated_at: "2026-06-17T03:39:45.507237+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Bioventus finalizes employment terms for Interim CEO Anthony Bihl with $751K base salary

## Summary
- Base salary of $751,000 per year; target annual bonus of 100% of base salary.
- Equity awards: options for 198,000 shares and RSUs for 76,000 shares, both vesting fully on first anniversary.
- Change-in-control severance: 18 months base salary, 150% target bonus, 18 months COBRA, plus full equity acceleration.
- Restrictive covenants include perpetual confidentiality, non-disparagement, and 12-month non-compete (18 months after CIC).
- Agreement effective April 5, 2023; signed on April 6, 2023.

## SEC filing metadata
- accession: 0001193125-23-097964
- form_type: 8-K/A
- ticker: BVS
- cik: 0001665988
- company_name: Bioventus Inc.
- filed_at: 2023-04-11T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1665988/000119312523097964/0001193125-23-097964-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1665988/000119312523097964/d480678d8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-097964
- JSON: https://secwatch.observer/filing/0001193125-23-097964.json
- Plain text: https://secwatch.observer/filing/0001193125-23-097964.txt

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