BeyondSpring discloses finalized pay package for new CEO Min Qiu

BeyondSpring Inc. filed an amendment on June 29, 2026 to its original Form 8-K dated June 4, 2026. The original filing had disclosed Min Qiu's appointment as Chief Executive Officer, but the company had not yet finalized his compensatory arrangements at that time; the amendment discloses those now-completed terms.¹

Under the new employment agreement, Qiu's base salary is set at $100,000 a year, with eligibility for a bonus consistent with other employees at his level and a target bonus of 30 percent of salary.¹ He will also receive options to buy 100,000 ordinary shares, vesting in four equal annual installments, issued under the company's 2017 Omnibus Incentive Plan and its standard option agreement.¹

On severance, the filing states that Qiu's benefits in a qualifying termination or change-in-control scenario will match those set for Dr. Lan Huang, as described in the company's most recent Form 10-K.¹ Concretely, if Qiu is terminated without cause or resigns for good reason, and signs a release, he would get nine months of continued base salary plus a bonus prorated for the year based on actual results.¹ The filing also says that if his options are assumed in a change of control and he is terminated without cause within 12 months afterward, the unvested options vest immediately; the same immediate vesting applies if the options are not assumed at all.¹

The filing separately notes that Na Li's appointment as Chief Financial Officer, also disclosed in the original 8-K, carries no change to her compensation.¹ BeyondSpring said the full employment agreement will be filed as an exhibit in its next periodic report.¹