Pineapple Financial Inc. 8-K

What Happened Pineapple Financial Inc. filed an 8-K (Item 5.02) reporting that on February 5, 2026 the Board approved new employment agreements for CEO and Director Shubha Dasgupta and President/COO and Director Kendall Marin, and a new director (chairman) agreement for Drew Green. The new Executive Employment Agreements supersede prior agreements and are effective February 5, 2026.

Key Details

• Executives: Shubha Dasgupta (CEO) and Kendall Marin (President & COO). Each has a new employment term beginning Feb 5, 2026 and expiring on the third anniversary, unless extended in writing at least 30 days before expiration.
• Executive pay: base salary of $280,000 per year for each executive.
• Chairman: Drew Green’s director agreement effective Feb 5, 2026; term continues subject to re-nomination/re-election and ends at the earlier of non‑re‑election, his resignation, or the fifth anniversary of the agreement.
• Chairman pay: $20,000 monthly board fee (equivalent to $240,000 annually).

Why It Matters These agreements set the company’s contractual compensation and multi‑year commitments for its top leadership, replacing prior terms. For investors, the filing clarifies near‑term cash compensation obligations: two senior executives at $280,000 each and a chairman fee of $20,000 per month. The stated term lengths and re‑election condition for the chairman also outline governance stability and how long these pay arrangements could remain in place absent earlier termination or shareholder action.