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Deep Isolation raises CEO pay to $425K, 75% bonus

Deep Isolation Nuclear, Inc. (DBHL) reported Board-approved changes to executive compensation.

(Moderate)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Deep Isolation Nuclear, Inc. (DBHL) reported Board-approved changes to executive compensation. For President and CEO Rodney Baltzer, effective February 1, 2026, the Compensation Committee and Board increased his annual base salary from $340,000 to $425,000 and raised his target bonus from 35% to 75% of base salary.

Effective July 1, 2026, the Board increased the annual base salary of Chief Commercial Officer Chris Parker from £180,500 to £215,000 and Executive Vice President, Engineering Jesse Sloane from $259,500 to $315,000. Their target bonuses were increased from 20% to 35% of base salary. Because the approval occurred on August 25, 2026 with a retroactive effective date, Parker received a one-time payment of £69,000 and Sloane received a one-time payment of $48,462 to true-up July and August compensation.

Positive

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  • None.
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.
CEO base salary after increase $425,000 per year Annual base salary for Rodney Baltzer effective February 1, 2026
CEO base salary before increase $340,000 per year Prior annual base salary for Rodney Baltzer
CEO target bonus percentage after change 75% of annual base salary Target bonus level for Rodney Baltzer effective February 1, 2026
Chris Parker base salary after increase £215,000 per year Annual base salary for Chief Commercial Officer effective July 1, 2026
Chris Parker one-time payment £69,000 Retroactive payment for July and August pay periods
Jesse Sloane base salary after increase $315,000 per year Annual base salary for Executive Vice President, Engineering effective July 1, 2026
Jesse Sloane one-time payment $48,462 Retroactive payment for July and August pay periods
Officers’ target bonus percentage after change 35% of annual base salary New target bonus for Chris Parker and Jesse Sloane effective July 1, 2026
target bonus financial
"his target bonus was 75% of his annual base salary"
Compensation Committee regulatory
"which was approved by the Compensation Committee (the “Committee”)"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
one-time payment financial
"Mr. Parker received a one-time payment of £69,000"

FAQ

What changes were made to DBHL CEO Rodney Baltzer’s compensation?

The Board increased Rodney Baltzer’s annual base salary from $340,000 to $425,000 effective February 1, 2026, and raised his target bonus from 35% to 75% of his annual base salary, as approved by the Compensation Committee and the Board.

How did Deep Isolation Nuclear, Inc. (DBHL) adjust Chris Parker’s pay?

Effective July 1, 2026, Chris Parker’s annual base salary increased from £180,500 to £215,000, and his target bonus rose from 20% to 35% of base salary. He also received a one-time retroactive payment of £69,000 for July and August pay periods.

What new compensation terms were approved for DBHL executive Jesse Sloane?

Effective July 1, 2026, Jesse Sloane’s annual base salary increased from $259,500 to $315,000, and his target bonus increased from 20% to 35% of base salary. He received a one-time retroactive payment of $48,462 covering July and August.

When did DBHL’s Board approve the officers’ compensation changes?

The Compensation Committee and, upon its recommendation, the Board approved the changes to Chris Parker’s and Jesse Sloane’s compensation on August 25, 2026, with a retroactive effective date of July 1, 2026 for their new salary and bonus levels.

Did DBHL change target bonus percentages for its executives?

Yes. CEO Rodney Baltzer’s target bonus increased from 35% to 75% of base salary. For Chris Parker and Jesse Sloane, target bonuses rose from 20% to 35% of their respective annual base salaries, effective July 1, 2026.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): February 23, 2026

 

 

DEEP ISOLATION NUCLEAR, INC.

(Exact Name of Registrant as Specified in Charter)

 

Delaware   000-56406   87-4225965

(State or Other Jurisdiction

of Incorporation)

  (Commission File Number)  

(IRS Employer

Identification No.)

 

2001 Addison Street, Suite 300

Berkeley, CA

  94704
(Address of Principal Executive Offices)   (Zip Code)

 

(509)-943-5222

(Registrant’s telephone number, including area code)

 

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act: None.

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

CEO Compensation

 

As previously reported in the proxy statement on Schedule 14A filed by Deep Isolation Nuclear, Inc., a Delaware corporation (the “Company”) on April 29, 2026, effective as of February 1, 2026 the annual base salary of Rodney Baltzer, President and Chief Executive Officer of the Company, was $425,000 and his target bonus was 75% of his annual base salary, which was approved by the Compensation Committee (the “Committee”) of the Board of Directors (the “Board”) of the Company on February 23, 2026. At that time, the Committee approved and, upon recommendation of the Committee, on February 24, 2026, the Board approved an increase in the annual base salary of Mr. Baltzer from $340,000 to $425,000 and his target bonus from 35% to 75% of his annual base salary.

 

Officers’ Compensation Changes

 

On August 25, 2026, the Committee and, upon its recommendation, the Board approved changes to the compensation of certain of the Company’s officers, effective as of July 1, 2026. Under the approved changes, the annual base salaries of Chris Parker, Chief Commercial Officer, and Jesse Sloane, Executive Vice President, Engineering, were increased from £180,500, and $259,500 to £215,000 $315,000, respectively. In addition, the target bonus for each of Mr. Parker and Mr. Sloane was increased from 20% to 35% of their respective annual base salaries.

 

Because the compensation changes for Mr. Parker and Mr. Sloane were approved by the Board on August 25, 2026 with a retroactive effective date of July 1, 2026, the Board also approved one-time bonus payments to such officers to account for the difference in compensation for the July and August pay periods, as follows: Mr. Parker received a one-time payment of £69,000; and Mr. Sloane received a one-time payment of $48,462.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  DEEP ISOLATION NUCLEAR, INC.
     
Date: August 31, 2026 By: /s/ Rodney Baltzer
    Rodney Baltzer
President and Chief Executive Officer

 

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Filing Exhibits & Attachments

3 documents