Deep Fission (FISN) shifts board retainers to RSUs
Rhea-AI Filing Summary
Deep Fission, Inc. reported that on July 23, 2026, its Board of Directors, following a recommendation from the Compensation Committee, modified the company’s Non-Employee Director Compensation Policy to better align director pay with market practice. The Board and Compensation Committee also approved an additional retainer for an independent chair of the Board or a lead independent director, if such a role is appointed. All incremental compensation provided under the modified policy will be delivered entirely as additional restricted stock units with a one-year vesting period, unless the Board or Compensation Committee later determines otherwise.
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8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Par value per share: $0.0001 per share
Board approval date: July 23, 2026
RSU vesting period: one year
3 metrics
Par value per share
$0.0001 per share
Common Stock par value stated in securities section
Board approval date
July 23, 2026
Date the Board approved modified director compensation policy
RSU vesting period
one year
Incremental RSU grants to directors vest after one year
Key Terms
Non-Employee Director Compensation Policy, restricted stock units, lead independent director
3 terms
Non-Employee Director Compensation Policy financial
"modified the Company’s Non-Employee Director Compensation Policy as follows"
restricted stock units financial
"provided entirely through additional grants of restricted stock units, subject to a one-year vesting"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
lead independent director regulatory
"additional retainer for an independent chair of the Board or for a lead independent director"
A lead independent director is a board member who is not part of company management and is chosen to coordinate and represent the other independent directors, often running sessions without the CEO, helping set meeting agendas, and serving as a liaison between shareholders and the board. For investors, this role signals stronger, more balanced oversight—like a neutral referee who helps ensure decisions are fair, transparent and focused on protecting shareholder interests.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Deep Fission (FISN) change in its director compensation policy?
Deep Fission (FISN) modified its Non-Employee Director Compensation Policy to better align with market practice. The changes focus on incremental compensation delivered through additional restricted stock units with a one-year vesting period.
When did Deep Fission (FISN) approve the revised director compensation policy?
Deep Fission (FISN) approved the revised policy on July 23, 2026. The Board acted on a recommendation from its Compensation Committee to update non-employee director compensation and add flexibility for retainers tied to board leadership roles.
How will incremental director pay be delivered under Deep Fission (FISN)'s new policy?
Incremental amounts under Deep Fission (FISN)'s modified policy will be provided entirely as additional restricted stock units. These RSU awards are subject to a one-year vesting condition, unless changed later by the Board or Compensation Committee.
What new retainer did Deep Fission (FISN) authorize for board leadership?
Deep Fission (FISN) authorized an additional retainer for an independent chair of the Board or a lead independent director. This retainer would apply only if such a role is appointed and would be paid through additional restricted stock units.
Does Deep Fission (FISN)'s update affect all directors or only certain roles?
The update covers non-employee directors generally and also anticipates an extra retainer for an independent chair or lead independent director. All incremental amounts from these changes are to be granted in restricted stock units with one-year vesting.