Company: RILYN
Filing Date: 2025-10-22
Form Type: DEF 14A
Source: 0001213900-25-101228
Chunk: 43

Company: B. Riley Financial, Inc.
Filing Date: 2025-10-22
Form: DEF 14A
Chunk 43
---
 to the Grant of Certain Equity Awards The Company did not grant any stock options, SARs or similar option -likeinstruments during Fiscal 2024. Accordingly, in 2024 the Company did not have any specific policy or practiceon the timing of the grant of such options or option -likeinstruments relative to the Company’s disclosure of material nonpublic information. Insider Trading Arrangements and Policies The Company has adoptedan insider trading policy governing the purchase, sale and/or other disposition of our securities by our directors and officers, our employees and other covered persons, as well as by the Company, that the Company believes is reasonably designed to promote compliance with insider trading laws, rules and regulations and the Nasdaq listing standards. A copy of the Company’s insider trading policy is filed as Exhibit 19.1 to our Annual Report on Form 10 -Kfor the fiscal year ended December 31, 2024. 27 Employment Agreements Amended and Restated Employment Agreements The Company is party to employment agreements with each of the named executive officers, which agreements were amended and restated on April 11, 2023. Mr. Ahn resigned from the Company, effective as of June 3, 2025, and Mr. Young resigned from the Company, effective as of September 20, 2024, and each such named executive officer’s employment agreement is no longer in effect. The material terms of the amended and restated employment agreements for each such executive are as follows: •An initial term of two years with automatic one year renewals unless either party notified the other party of non -renewalat least 90 days prior to the end of the then -currentterm. •An annual base salary, subject to review and adjustment on an annual basis, in the amounts of: $700,000 per year for Mr. Riley and Mr. Kelleher, $450,000 per year for Mr. Ahn, $550,000 per year for Mr. Young, $550,000 per year for Mr. Moore and $450,000 per year for Mr. Forman. •Eligibility for annual performance bonuses based on individual performance and/or Company performance in an amount determined by the Company in its sole discretion, to be paid in cash less applicable withholdings no later than March 15 thof the following calendar year subject to the executive’s continued employment through the payment date. •Eligibility for each fiscal year to receive an annual long -termincentive award under our equity