Binah Capital Group, Inc.
For the period ended Jun 30, 2025. Filed Aug 13, 2025.
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Jun 30, 2025 · Filed Aug 13, 2025
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Item 5. Other Information
Employment Agreement Amendment with Craig Gould
On August 7, 2025, the Company and Craig Gould entered into an amendment to the employment agreement of Mr. Gould (the “Amended Gould Employment Agreement”), to, among other things, (i) provide for the issuance by the Company of restricted stock units as equity compensation in lieu of stock options; and (2) the annual bonus for the 2025 performance year may be paid in cash or vested Company shares with the grant date fair value equal to the bonus amount, as determined by the Board or Compensation Committee in its discretion.
Employment Agreement Amendment with David Shane
On August 7, 2025, the Company and David Shane entered into an amendment to the employment agreement of Mr. Shane (the “Amended Shane Employment Agreement”), to, among other things, (i) provide for the issuance by the Company of restricted stock units as equity compensation in lieu of nonqualified stock options; and (2) the annual bonus for the 2025 performance year may be paid in cash or vested Company shares with the grant date fair value equal to the bonus amount, as determined by the Board or Compensation Committee in its discretion.
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