ADMA BIOLOGICS, INC. — Form 10-Q
Filed August 5, 2026 · analyzed by the Periodic Agent
10-Q
— Neutral
significance 28/100
What the filing says
On August 3, 2026, ADMA Biologics amended Paul Terence Kohler Jr.'s employment agreement, effective August 1, 2026. The amendment adds a $10,000/month temporary housing stipend (net of taxes) for up to 18 months in Boca Raton, Florida, with a one-time $150,000 relocation payment (net of taxes) if he relocates full-time; if he voluntarily terminates or is fired for Cause within 18 months of the relocation payment, he must repay it. Severance was increased: upon termination without Cause or resignation for Good Reason, he receives 12 months base salary (or 15 months plus prorated Target Bonus if termination occurs within one year of a Change of Control), plus COBRA continuation reimbursement for up to 12 months and accelerated equity vesting.
Why this rating
Standard executive compensation amendment; relocation costs (~$330K over 18 months) and severance changes are immaterial (<0.01% of $4.2B market cap) and routine for senior leadership.
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