Brownie's Marine Group Inc. has approved a revised compensation package for Chief Executive Officer Robert Carmichael. Effective November 1, 2025, Carmichael's annual base salary will be set at $246,000. He will be eligible for an annual bonus of $98,400, based on specific performance metrics. Additionally, Carmichael is set to receive performance-based restricted stock units valued at $150,000 and cashless stock options valued at $350,000, with terms to be determined by the board under the company's 2021 Equity Compensation Plan.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brownie's Marine Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-25-020554), on November 03, 2025, and is solely responsible for the information contained therein.
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