---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-034347"
form_type: "8-K"
ticker: "DYAI"
cik: "0001213809"
company_name: "DYADIC INTERNATIONAL INC"
filed_at: "2024-11-12T23:59:59+00:00"
generated_at: "2026-05-30T01:34:59.054946+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Dyadic formalizes CFO employment agreement; base salary $269,024

## Summary
- CFO Ping Rawson receives annual base salary of $269,024 under new employment agreement.
- Eligible for annual target bonus up to 25% of base salary, tied 50% to company performance and 50% to individual goals.
- Severance: if terminated without cause or for good reason, receives 12 months base salary and benefits plus pro-rata bonus.
- One-year non-compete and two-year non-solicitation of employees, vendors, and customers.
- Annual equity awards anticipated as stock options with 4-year vesting; discretionary additional bonuses possible.

## SEC filing metadata
- accession: 0001437749-24-034347
- form_type: 8-K
- ticker: DYAI
- cik: 0001213809
- company_name: DYADIC INTERNATIONAL INC
- filed_at: 2024-11-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1213809/000143774924034347/0001437749-24-034347-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1213809/000143774924034347/dyai20241106_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-034347
- JSON: https://secwatch.observer/filing/0001437749-24-034347.json
- Plain text: https://secwatch.observer/filing/0001437749-24-034347.txt

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