secwatch.observer — SEC 8-K summary
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Issuer:     Rallybio Corp (RLYB)
CIK:        0001739410
Form:       8-K
Filed at:   2025-06-27T23:59:59+00:00
Accession:  0001739410-25-000093
Event type: other_material
Sentiment:  neutral
Materiality: 0.20
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rallybio enters into employment agreement with CMO Steven Ryder; base salary $531,227
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- Base salary $531,227 per year; target annual bonus of up to 40% of base salary.
- Initial one-year term auto-renewing annually unless 60-day non-extension notice given.
- Severance on non-cause/good reason termination: 12 months base salary and COBRA premiums.
- Change-in-control severance: 1.5x (base + target bonus) paid over 18 months plus full vesting of time-based equity.
- Non-compete and non-solicit covenants apply during employment and for one year post-termination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1739410/000173941025000093/0001739410-25-000093-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1739410/000173941025000093/rlyb-20250625.htm
  HTML page:      https://secwatch.observer/filing/0001739410-25-000093

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