Functional Brands amends CEO RSU vesting schedule, sets director cash at $60k/yr

Functional Brands Inc.

CEO Eric Gripentrog's $500K RSUs now vest in three tranches: $166,666 on May 5, 2026; $166,666 on Jan 5, 2027; $166,668 on June 7, 2027.
Independent directors Girard Smith, Lourdes Felix, and Steven Rossi each receive $60,000 annual cash compensation.
Independent directors to receive initial stock option grant under 2026 Equity Incentive Plan, vesting at grant and quarterly thereafter.
Independent Director Agreements also include indemnification and D&O insurance provisions.

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