Bimergen Energy Corporation filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 30, 2026, Bimergen Energy Corporation (“Bimergen”) Compensation Committee entered into amendments of its employment agreements with Robert J. Brilon as Co-Chief Executive Officer and Chief Financial Officer (the “Brilon Agreement”) and Cole W. Johnson as Co-Chief Executive Officer and President (the “Johnson Agreement”) effective April 1, 2026.
The Brilon Agreement has the officer title updated to add the Co-Chief Executive Officer position and increases Mr. Brilon’s base salary to $425,000 per year which can be increased at the discretion of the Board of Directors. In addition, Mr. Brilon has performance bonuses that Mr. Brilon can earn with the achievement of certain milestones. The term of the agreement is five years and will automatically renew for a one year period if it is not terminated earlier.
The Johnson Agreement has the officer title updated to add the Co-Chief Executive Officer position and increases Mr. Johnson’s base salary to $425,000 per year which can be increased at the discretion of the Board of Directors. In addition, Mr. Johnson has performance bonuses that Mr. Johnson can earn with the achievement of certain milestones. The term of the agreement is five years and will automatically renew for a one year period if it is not terminated earlier.
The foregoing descriptions of the Brilon Agreement and Johnson Agreement are not intended to be complete and are qualified in its entirety by reference to the Employment Agreement Amendments attached hereto as Exhibit 10.1 and 10.2 respectively and incorporated by reference into this Item 5.02.
Section 9 – Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits.
| Exhibit No. | Exhibit Description | |
| 10.1 | Robert Brilon Employment Agreement dated April 30, 2026 | |
| 10.2 | Cole W. Johnson Employment Agreement dated April 30, 2026 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL Document) |
| 2 |
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.
| BIMERGEN ENERGY CORPORATION | ||
| Date: May 6, 2026 | By: | /s/ Robert J. Brilon |
| Name: | Robert J. Brilon | |
| Title: | Co-Chief Executive Officer and Chief Financial Officer | |
| 3 |