---
schema_version: "secwatch.filing_event.v1"
accession: "0001603978-23-000013"
form_type: "8-K"
ticker: "AQB"
cik: "0001603978"
company_name: "AQUABOUNTY TECHNOLOGIES INC"
filed_at: "2023-03-31T23:59:59+00:00"
generated_at: "2026-06-17T07:54:50.029095+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# AquaBounty enters amended CFO agreement; base salary $325k, bonus target 40%

## Summary
- CFO David Frank receives base salary of $325,000 and target annual bonus of 40% of base.
- Severance on termination without cause: 12 months salary, pro rata bonus, and health coverage for 1 year.
- Unvested equity vests pro rata on termination without cause/good reason; full vesting upon change of control within 12 months.
- Employment is at-will; agreement effective March 29, 2023.

## SEC filing metadata
- accession: 0001603978-23-000013
- form_type: 8-K
- ticker: AQB
- cik: 0001603978
- company_name: AQUABOUNTY TECHNOLOGIES INC
- filed_at: 2023-03-31T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1603978/000160397823000013/0001603978-23-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1603978/000160397823000013/aqb-20230331x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001603978-23-000013
- JSON: https://secwatch.observer/filing/0001603978-23-000013.json
- Plain text: https://secwatch.observer/filing/0001603978-23-000013.txt

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