Longeveron revised Stephen Willard’s employment agreement to eliminate a prior salary deferral, set a 45% target annual bonus structure and accelerate equity vesting to three years.
| IndividualStephen Willard | RoleChief Executive Officer | Type of ChangeAmendment to employment agreement / continued employment | Effective DateJuly 8, 2026 | ReasonNot disclosed | Replacement InfoNot applicable | Background DetailsAgreement sets base salary $500,000 (no deferral), eligible for annual cash bonus (45% target: 80% corporate goals, 20% discretionary); severance and change-in-control provisions described; equity awards (200,000 RSUs, option for 200,000 shares) to vest quarterly over three years. | Board/Committee Role ChangesNot disclosed |
Original SEC Filing:
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