Birchtech Corp. (NYSE: BCHT) sets CFO pay and Oyster HR employer-of-record terms
Filing Impact
Filing Sentiment
Form Type
8-K/A
Rhea-AI Filing Summary
Birchtech Corp. filed an amendment to its earlier report to disclose final compensation terms for its new Chief Financial Officer, Michael Mioska. Effective May 8, 2026, Mioska will provide full-time CFO services to Birchtech through an employer-of-record arrangement with Canadian firm Oyster HR Inc.
Under this structure, he is employed by Oyster HR Inc. and assigned to Birchtech. He will receive an annual base salary of $425,000 CAD, described as approximately $312,000 USD, and will be eligible for discretionary annual cash bonuses. The engagement is for an indefinite term, subject to standard notice and termination provisions, and all other terms from the original report remain unchanged.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 5.02, 9.01
2 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
CFO base salary: $425,000 CAD per year
Approximate USD salary: $312,000 USD per year
Employment start date for arrangement: May 8, 2026
3 metrics
CFO base salary
$425,000 CAD per year
Annual base salary for CFO Michael Mioska
Approximate USD salary
$312,000 USD per year
Approximate equivalent of CFO base salary
Employment start date for arrangement
May 8, 2026
Effective date of finalized employer-of-record arrangements
Key Terms
employer of record, Oyster HR Inc., discretionary cash bonuses, indefinite term
4 terms
employer of record financial
"provide services to the Company through an employer of record arrangement with Oyster HR Inc."
Oyster HR Inc. financial
"will provide services to the Company through an employer of record arrangement with Oyster HR Inc., a Canadian company."
discretionary cash bonuses financial
"Mr. Mioska will be eligible to receive discretionary cash bonuses annually during the course of his employment."
indefinite term financial
"The arrangement has an indefinite term and is subject to the applicable notice and termination provisions."
FAQ
What does Birchtech Corp. (BCHT) disclose in this 8-K/A amendment?
Birchtech Corp. updates its earlier filing to outline finalized compensation and engagement terms for new CFO Michael Mioska. It details his employer-of-record arrangement, salary in Canadian dollars, bonus eligibility, and that other original disclosures remain unchanged.
How will Birchtech Corp. (BCHT) employ its new CFO Michael Mioska?
Birchtech will use an employer-of-record arrangement with Oyster HR Inc., a Canadian company. Mioska will be employed by Oyster HR and assigned full-time as Birchtech’s Chief Financial Officer, rather than being directly employed by Birchtech itself.
What is the CFO’s base salary disclosed by Birchtech Corp. (BCHT)?
The filing states that CFO Michael Mioska will receive an annual base salary of $425,000 CAD, described as approximately $312,000 USD. This salary level reflects his full-time role as Chief Financial Officer under the employer-of-record arrangement with Oyster HR Inc.
Is Birchtech Corp. (BCHT) offering bonuses to its new CFO?
Yes. The filing notes that CFO Michael Mioska will be eligible for discretionary annual cash bonuses. These bonuses are not guaranteed or formula-based in the disclosure, but may be awarded during the course of his employment as determined by the company.
How long is the CFO engagement term at Birchtech Corp. (BCHT)?
The arrangement with CFO Michael Mioska is described as having an indefinite term. It is subject to applicable notice and termination provisions, meaning the relationship continues until ended by the parties according to the stated contractual rules.
Does this Birchtech Corp. (BCHT) amendment change other parts of the original 8-K?
No. The amendment explains that, aside from the compensation and engagement details for CFO Michael Mioska, it does not modify or update any other disclosures. It explicitly states that it supplements and should be read with the original 8-K.