---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-074986"
form_type: "8-K"
ticker: "MEHA"
cik: "0001837254"
company_name: "Functional Brands Inc."
filed_at: "2026-07-02T20:16:20+00:00"
generated_at: "2026-07-02T20:18:12.598029+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Functional Brands amends CEO pay: replaces $500K RSU with fully vested option for 3.5M shares at $0.0055

## Summary
- Amendment No. 3 to CEO Eric Gripentrog's employment agreement approved June 30, 2026.
- Replaces prior $500,000 RSU award with option to purchase 3,500,000 shares at $0.0055/share.
- Option is fully vested immediately, has 10-year term, grant-date fair value ~$14,685.
- Option is an incentive stock option under the 2026 Equity Incentive Plan.
- No other changes to employment agreement.

## SEC filing metadata
- accession: 0001213900-26-074986
- form_type: 8-K
- ticker: MEHA
- cik: 0001837254
- company_name: Functional Brands Inc.
- filed_at: 2026-07-02T20:16:20+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1837254/000121390026074986/0001213900-26-074986-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1837254/000121390026074986/ea0296918-8k_functional.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-074986
- JSON: https://secwatch.observer/filing/0001213900-26-074986.json
- Plain text: https://secwatch.observer/filing/0001213900-26-074986.txt

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