AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

OPKO Health Inc.

Remuneration Information Jul 28, 2024

6963_rns_2024-07-28_b393b135-21e7-4332-91a4-cd98ba3fb694.pdf

Remuneration Information

Open in Viewer

Opens in native device viewer

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, DC 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): July 24, 2024

OPKO Health, Inc.

(Exact Name of Registrant as Specified in its Charter)

Delaware 001-33528 75-2402409
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
4400 Biscayne Blvd. Miami, Florida 33137

Registrant's telephone number, including area code: (305) 575-4100

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:

☐ 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:

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, par value \$0.01 per share OPK NASDAQ Global Select Market

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. ☐

(Address of Principal Executive Offices) (Zip Code)

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

On July 24, 2024, the Compensation Committee of the Board of Directors (the "Committee") of OPKO Health, Inc. (the "Company") held a meeting to review certain compensation matters for the Company's executive officers. At the meeting, the Committee (i) granted restricted stock units of the Company's common stock to the Company's named executive officers (the "Officers") as set forth opposite their names below and (ii) approved bonus payments to the Officers in the amounts set forth opposite their names below. The restricted stock units vest 50% on the second anniversary of the grant date, then ratably on an annual basis over the following two years.

Name Title Restricted
Stock Units
Bonus
Phillip Frost, M.D. Chief Executive Officer/Chairman 500,000 \$480,000
Jane H. Hsiao, Ph.D. Vice Chairman/Chief Technical Officer 500,000 \$450,000
Elias A. Zerhouni, M.D. Vice Chairman/President 500,000 \$450,000
Steven D. Rubin Executive Vice President - Administration 437,500 \$400,000
Adam Logal Senior Vice President/Chief Financial Officer 437,500 \$475,000

SIGNATURES

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

OPKO Health, Inc.

By: /s/ Steven D. Rubin

Date: July 26, 2024 Name: Steven D. Rubin Title: Executive Vice President-Administration

Talk to a Data Expert

Have a question? We'll get back to you promptly.