---
schema_version: "secwatch.filing_event.v1"
accession: "0001539497-26-001924"
form_type: "8-K"
ticker: "NB"
cik: "0001512228"
company_name: "NIOCORP DEVELOPMENTS LTD"
filed_at: "2026-07-08T20:00:27+00:00"
generated_at: "2026-07-08T20:01:05.526128+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# NioCorp formalizes annual incentive program; awards $1.33M in fiscal 2026 bonuses to top executives

## Summary
- CEO Mark A. Smith receives $602,784; CFO Neal S. Shah $345,621; COO Scott Honan $378,197 in fiscal 2026 AIP awards.
- AIP is company-wide performance-based cash incentive; payouts 0-200% of target based on milestones, safety, individual performance.
- Awards payable in cash around July 15, 2026; no cash bonuses paid to NEOs for fiscal 2025.
- Compensation Committee developed recommendations with independent consultant Semler Brossy after multi-month review.

## SEC filing metadata
- accession: 0001539497-26-001924
- form_type: 8-K
- ticker: NB
- cik: 0001512228
- company_name: NIOCORP DEVELOPMENTS LTD
- filed_at: 2026-07-08T20:00:27+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1512228/000153949726001924/0001539497-26-001924-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1512228/000153949726001924/n2574_x317-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001539497-26-001924
- JSON: https://secwatch.observer/filing/0001539497-26-001924.json
- Plain text: https://secwatch.observer/filing/0001539497-26-001924.txt

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