---
schema_version: "secwatch.filing_event.v1"
accession: "0001824293-24-000070"
form_type: "8-K"
ticker: "GRI"
cik: "0001824293"
company_name: "GRI Bio, Inc."
filed_at: "2024-06-18T23:59:59+00:00"
generated_at: "2026-06-01T03:57:24.612007+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# GRI Bio CMO Albert Agro reduced to 70 hrs/month, salary cut to $100k

## Summary
- CMO Albert Agro's base salary reduced from $325,000 to $100,000 annually.
- Agro now required to work at least 70 hours per month, may take other consulting work.
- Annual cash performance bonus and severance upon termination without cause eliminated.
- Employment now terminable by either party with 30 days' notice; no severance benefits.
- Effective June 17, 2024; amendment filed as Exhibit 10.1.

## SEC filing metadata
- accession: 0001824293-24-000070
- form_type: 8-K
- ticker: GRI
- cik: 0001824293
- company_name: GRI Bio, Inc.
- filed_at: 2024-06-18T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1824293/000182429324000070/0001824293-24-000070-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1824293/000182429324000070/val-20240617.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001824293-24-000070
- JSON: https://secwatch.observer/filing/0001824293-24-000070.json
- Plain text: https://secwatch.observer/filing/0001824293-24-000070.txt

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