secwatch.observer — SEC 8-K summary
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Issuer:     NIOCORP DEVELOPMENTS LTD (NB)
CIK:        0001512228
Form:       8-K
Filed at:   2026-07-08T20:00:27+00:00
Accession:  0001539497-26-001924
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1512228/000153949726001924/0001539497-26-001924-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1512228/000153949726001924/n2574_x317-8k.htm
  HTML page:      https://secwatch.observer/filing/0001539497-26-001924

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