South Dakota Soybean Processors LLC
02/13/2026 | Press release | Distributed by Public on 02/13/2026 12:20
Management Change/Compensation (Form 8-K)
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Certain Officers; Compensating Arrangements of Certain Officers.
On February 12, 2026, South Dakota Soybean Processors, LLC entered into Amended and Restated Employment Agreement (the "Amended Agreement") with its Chief Executive Officer, Thomas J. Kersting. The Amended Agreement, which supersedes and replaces the existing employment agreement dated January 1, 2023, contains terms and conditions that are identical to such prior employment agreement, except for a change to base salary. Under the Amended Agreement, Mr. Kersting's base salary will increase to $440,000 for years ended December 31, 2026 and 2027.
A copy of the Amended Agreement is attached to this report as Exhibit 10.1 and incorporated herein by reference. The summary set forth above is qualified in its entirety by reference to Exhibit 10.1.
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