8-KAccepted Aug 28, 4:00 PM ET
PRO DEX Inc. Approves CEO $140K and CFO $60K Cash Bonuses
Accepted (ET)
4:00 PM
Aug 28, 2026
Filed
Aug 28, 2026
Documents
11
Size
187.7 KB
Summary
PRO DEX Inc. Approves CEO $140K and CFO $60K Cash Bonuses
What Happened
- PRO DEX Inc. (PDEX) filed an 8-K on August 28, 2026, disclosing that on August 26, 2026 the Compensation Committee approved discretionary cash bonuses for its chief executives.
- Richard L. Van Kirk, Chief Executive Officer, will receive a $140,000 bonus tied to the company’s sales growth and fiscal 2026 financial performance exceeding plan. Alisha K. Charlton, Chief Financial Officer, will receive a $60,000 bonus.
- Both bonuses will be paid in cash in the next bi‑weekly pay period with a pay date of September 3, 2026.
Key Details
- Bonuses approved: $140,000 (CEO Richard L. Van Kirk); $60,000 (CFO Alisha K. Charlton).
- Approval date: August 26, 2026; 8-K filed August 28, 2026.
- Payment: Cash, paid in next bi‑weekly payroll; pay date September 3, 2026.
- CEO bonus explicitly tied to sales growth and fiscal 2026 performance exceeding plan.
Why It Matters
- These discretionary cash bonuses reflect management compensation outcomes tied to the company’s fiscal 2026 performance and sales growth—useful context for investors assessing executive incentives and alignment with company results.
- The amounts are immediate cash outlays that will affect short‑term cash flow and reflect the board’s view that management met or exceeded performance targets for the period.