HYPERION DEFI, INC. 8-K

What Happened
Hyperion DeFi, Inc. (HYPD) filed an 8-K on July 8, 2026 reporting new employment agreements, effective July 7, 2026, for Hyunsu Jung (CEO & CIO), David Knox (CFO) and Robert Rubenstein (General Counsel). The agreements align executive treatment with industry best practices and add/change severance, bonus and change-in-control protections.

Key Details

• Effective date: July 7, 2026; filing date: July 8, 2026.
• Hyunsu Jung (CEO/CIO): if terminated by the company other than for cause (or by Jung for good reason) within 12 months after a change in control, eligible for payment equal to his target bonus for the year of termination, in addition to previously disclosed severance. Change-in-control also accelerates time- or service-based equity vesting.
• David Knox (CFO): on qualifying termination (company other than for cause, disability/death, or for good reason by executive) entitled to accrued obligations, 12 months of base salary, up to 12 months of group health continuation; if termination is within 12 months after change in control, also a payment equal to his target bonus. Eligible for an annual cash bonus up to 75% of base salary (performance-based). Equity vesting accelerates on change in control.
• Robert Rubenstein (General Counsel): same termination/severance structure as Knox (accrued obligations, 12 months base salary, up to 12 months health continuation, change-in-control bonus equal to target). Eligible for annual cash bonus up to 35% of base salary; new base salary set at $325,000. Equity vesting accelerates on change in control.

Why It Matters
These agreements increase change-in-control protections and clarify severance/bonus payouts for the company’s top executives. For investors, the main takeaways are potential incremental cash obligations (12 months salary and health continuation, plus possible target-bonus payments on certain terminations) and accelerated equity vesting on a change in control, which could affect company cash flow and equity dilution in those scenarios. The filing attaches the full agreements as exhibits for detailed terms.