03/06/2026 | Press release | Distributed by Public on 03/06/2026 15:04
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 4, 2026, the Compensation Committee of the Board of Directors of FibroBiologics, Inc. (the "Company") approved a new annual base salary of $400,000, effective January 1, 2026, for Jason D. Davis, the Company's Chief Financial Officer. Mr. Davis' target amount as a percentage of base salary for annual non-equity incentive compensation remains at 40%.