secwatch.observer — SEC 8-K summary
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Issuer:     Beyond Air, Inc. (XAIR)
CIK:        0001641631
Form:       8-K
Filed at:   2026-09-24T20:30:28+00:00
Accession:  0001493152-26-044155
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Beyond Air signs CEO Robert Goodman employment pact; CFO Moorhead salary raised to $463k
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- Employment agreement with CEO Robert Goodman effective Sept 23, 2026; no fixed term; reports to Board.
- Base salary at least $650,000; target bonus 60% of base; range 0%–150% of target based on objectives.
- Severance: 12 months base salary plus COBRA; 24 months lump sum if terminated within Change-in-Control period.
- CFO Daniel Moorhead base salary increased from $325,000 to $463,000 effective Sept 23, 2026.
- Agreement includes 12-month non-compete/non-solicit after termination; customary confidentiality covenants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1641631/000149315226044155/0001493152-26-044155-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1641631/000149315226044155/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-044155

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