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8-K2026-04-16· glm-5

CRBP · Corbus Pharmaceuticals Holdings, Inc.

0001193125-26-159062

SEC filing

Summary

Corbus Pharmaceuticals entered into amended employment agreements with CEO Yuval Cohen and CFO Sean Moran, effective April 15, 2026, extending their terms for two years with defined compensation and severance structures.

Key takeaways

Full analysis

Corbus Pharmaceuticals Holdings, Inc. formalized amended employment agreements with its two named executive officers, CEO Yuval Cohen and CFO Sean Moran, effective April 15, 2026. The agreements replace prior employment arrangements and establish fixed two-year terms expiring April 15, 2028. Compensation terms for Dr. Cohen include an annual base salary of $673,625 and a target bonus of 60%, while Mr. Moran receives a base salary of $501,273 with a target bonus of 40%. Both agreements contain standard confidentiality, assignment of inventions, non-compete, and non-solicitation provisions. Severance terms differentiate between standard termination scenarios and Change in Control (CIC) events, with the CEO eligible for 24 months salary and double-target bonus in a CIC, compared to 18 months salary and target bonus for the CFO. These agreements provide continuity in executive leadership and clarify compensation and severance obligations for investors.