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AI brief of an SEC Form 8-K · Beyond Air, Inc. (XAIR)

Beyond Air enters employment agreement with CEO Robert Goodman, $650,000 base salary

Neutral Impact 3 of 5 leadership Written later

Beyond Air, Inc. entered into a formal employment agreement with Chief Executive Officer Robert Goodman on September 23, 2026, after he had served in the role since March 27, 2026 without a written agreement. The filing also discloses that Chief Financial Officer Daniel Moorhead's base salary was raised from $325,000 to $463,000, effective September 23, 2026.

Key points

  • CEO Robert Goodman's employment agreement, dated September 23, 2026, sets a base salary of not less than $650,000 and a target annual bonus of 60% of salary.
  • If terminated without Cause or for Good Reason, Goodman receives 12 months of base salary continuation; within three months before to 12 months after a Change in Control, he receives a lump sum of 24 months of salary.
  • CFO Daniel Moorhead's base salary increased from $325,000 to $463,000, effective September 23, 2026.

The filing

CompanyBeyond Air, Inc. (XAIR)
Form8-K, current report
Filed with the SECSep 24, 2026, 4:30 PM ET
Accession number0001493152-26-044155

Items reported: 1.01 Material Definitive Agreement5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 24, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.