FibroBiologics (FBLG) boosts CFO base salary to $400,000 with 40% bonus target
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
FibroBiologics, Inc. updated the compensation of its Chief Financial Officer. On March 4, 2026, the board’s Compensation Committee approved a new annual base salary of $400,000 for CFO Jason D. Davis, effective January 1, 2026. His target for annual non‑equity incentive compensation remains at 40% of base salary.
Positive
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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
FAQ
What compensation change did FibroBiologics (FBLG) make for its CFO?
FibroBiologics increased CFO Jason D. Davis’s annual base salary to $400,000, effective January 1, 2026. His target for annual non-equity incentive compensation remains at 40% of base salary, as approved by the board’s Compensation Committee on March 4, 2026.
When does the new $400,000 salary for FibroBiologics’ CFO take effect?
The new $400,000 annual base salary for FibroBiologics’ CFO Jason D. Davis is effective January 1, 2026. This effective date was approved by the company’s Compensation Committee on March 4, 2026, and applies to his ongoing executive compensation package.
Did FibroBiologics change the CFO’s bonus target percentage?
FibroBiologics did not change the CFO’s bonus target percentage. Jason D. Davis’s target amount for annual non-equity incentive compensation remains at 40% of base salary, even as his base salary was set at $400,000 effective January 1, 2026.
Who approved the new compensation for FibroBiologics’ CFO?
The new compensation for FibroBiologics’ CFO was approved by the Compensation Committee of the Board of Directors. On March 4, 2026, the committee set Jason D. Davis’s annual base salary at $400,000, effective January 1, 2026, with a continued 40% incentive target.
Which executive at FibroBiologics is affected by this 8-K filing?
The 8-K filing concerns Jason D. Davis, the Chief Financial Officer of FibroBiologics, Inc. It documents a change in his compensation, specifically a new annual base salary of $400,000 effective January 1, 2026, with his 40% incentive target unchanged.