Fathom Holdings (NASDAQ: FTHM) details compensation for interim CEO and CFO
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Fathom Holdings Inc. detailed compensation arrangements for its interim leadership. The Compensation Committee approved a salary for Interim CEO Adam Rothstein of $30,000 per month, effective June 16, 2026. The Company also entered into an employment agreement with Interim CFO Daniel Weinmann, providing a base salary of $300,000 per year and an annual discretionary bonus targeted at up to 30% of base salary, based on pre‑set objectives.
If Weinmann is terminated without Cause or resigns for Good Reason, he is entitled to accrued salary and benefits plus six months of his then‑current monthly base salary, subject to signing a release of claims.
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
Interim CEO salary: $30,000 per month
Interim CFO base salary: $300,000 per year
Interim CFO bonus target: up to 30% of base salary
+2 more
5 metrics
Interim CEO salary
$30,000 per month
Adam Rothstein, effective June 16, 2026
Interim CFO base salary
$300,000 per year
Daniel Weinmann, effective June 16, 2026
Interim CFO bonus target
up to 30% of base salary
Discretionary annual bonus tied to objectives
Interim CFO severance period
six months of monthly base salary
If terminated without Cause or for Good Reason
Effective date of terms
June 16, 2026
Effective date for interim CEO pay and CFO agreement
Key Terms
Emerging Growth Company, Compensation Committee, Base Salary, discretionary annual bonus, +2 more
6 terms
Emerging Growth Company regulatory
"405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). 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.
Compensation Committee financial
"the Company’s Compensation Committee (the “Committee”) approved a salary for Mr. Rothstein"
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.
Base Salary financial
"provide Mr. Weinmann with a base salary of $300,000 per year (the “Base Salary”)"
discretionary annual bonus financial
"provide a discretionary annual bonus with a target amount of up to 30% of the Base Salary"
Good Reason regulatory
"terminated by the Company without Cause or by Mr. Weinmann for Good Reason (as each term is defined in the Weinmann Employment Agreement)"
release of claims regulatory
"All of Mr. Weinmann’s severance benefits are subject to his execution of a release of claims"
FAQ
What executive compensation changes did Fathom Holdings (FTHM) disclose?
Fathom Holdings disclosed pay terms for its interim CEO and CFO. Interim CEO Adam Rothstein will receive $30,000 per month, while Interim CFO Daniel Weinmann’s employment agreement sets a $300,000 annual base salary plus a discretionary bonus opportunity up to 30% of salary.
What is Interim CEO Adam Rothstein’s compensation at Fathom Holdings (FTHM)?
Interim CEO Adam Rothstein will receive a salary of $30,000 per month. This compensation was approved by the Compensation Committee and is effective as of June 16, 2026, reflecting his interim leadership role at Fathom Holdings.
What are the key terms of Interim CFO Daniel Weinmann’s employment agreement at FTHM?
Interim CFO Daniel Weinmann’s agreement provides a $300,000 annual base salary and a discretionary annual bonus targeted up to 30% of base salary, based on pre‑established objectives. The agreement is effective June 16, 2026, and includes specified severance protections.
How is the bonus for Fathom Holdings (FTHM) Interim CFO determined?
The Interim CFO’s bonus is discretionary, with a target of up to 30% of base salary. Actual bonuses depend on pre‑established annual objectives set by the Compensation Committee before each fiscal year, linking pay to performance against those goals.
What severance protections does Fathom Holdings’ Interim CFO have?
If the Interim CFO is terminated without Cause or resigns for Good Reason, he receives accrued salary and benefits plus six months of then‑current monthly base pay. These severance benefits are conditioned on his signing a company‑acceptable release of claims.
When did the new executive compensation terms at Fathom Holdings (FTHM) take effect?
The compensation terms for Interim CEO Adam Rothstein and Interim CFO Daniel Weinmann are effective as of June 16, 2026. The Compensation Committee approved Rothstein’s pay on June 24, 2026, and Weinmann’s employment agreement is dated effective the same day.