
Management ChangeMay 20, 2026, 09:02 AM
Newton Golf Appoints Gregg Hemphill as Independent Director
AI Summary
Newton Golf Company, Inc. announced the appointment of Gregg Hemphill to its Board of Directors, effective May 19, 2026. Mr. Hemphill qualifies as an independent director and will serve on the Audit, Compensation, and Nominating Committees. His compensation package includes an annual cash retainer of $30,000 and annual restricted stock unit grants valued at $37,500, along with an initial RSU award of $30,000.
Key Highlights
- Gregg Hemphill appointed to Newton Golf's Board of Directors effective May 19, 2026.
- Designated as an independent director per Nasdaq and SEC rules.
- Appointed to the Audit, Compensation, and Nominating Committees.
- Receives an annual cash retainer of $30,000, paid quarterly.
- Receives an annual RSU grant with a fair value of $37,500.
- Received an initial RSU award with a fair value of $30,000.
Price Impact
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