Corporate GovernanceJul 29, 2026, 04:08 PM
Deep Fission Increases Director Equity Awards to $175K, Retainers
AI Summary
Deep Fission, Inc. announced modifications to its Non-Employee Director Compensation Policy, effective July 23, 2026. The changes, recommended by the Compensation Committee, aim to align director compensation with market practice. Key adjustments include an increase in the annual equity award to $175,000 and the initial award for new directors to $350,000. Additionally, retainers for committee chairs were increased, and new retainers were added for committee members.
Key Highlights
- Annual equity award for non-employee directors increased to $175,000.
- Initial award for newly appointed directors increased to $350,000.
- Audit Committee Chair retainer increased to $25,000.
- Compensation and NomGov Committee Chair retainers increased to $15,000 each.
- New retainers added for committee members, ranging from $5,000 to $10,000.
- Additional retainer approved for an independent Board chair or lead independent director.
- Incremental amounts will be granted as restricted stock units with one-year vesting.
Price Impact
More from FISN