This is a routine compensation administration filing with no trading signal. Monitor future filings for project financing updates on the Elk Creek Project, which remains the primary catalyst for NB shares.
Price Chart
Executive Summary
NioCorp Developments Ltd. formalized its executive compensation program by adopting a company-wide Annual Incentive Program (AIP) and approving fiscal 2026 cash bonus payouts to named executive officers — the first such bonuses since fiscal 2025. CEO Mark Smith receives $602,784, CFO Neal Shah $345,621, and COO Scott Honan $378,197, totaling approximately $1.33 million in cash outflows. This routine compensation governance step has no material impact on the company's fundamentals or project financing outlook.
Key Facts
- Board ratified adoption of a company-wide Annual Incentive Program (AIP) on July 2, 2026
- AIP is performance-based with payouts ranging from 0% to 200% of target, weighted 45% on corporate milestones, 10% on safety, 45% on individual performance
- Fiscal 2026 AIP awards are the first cash incentive bonuses paid to named executive officers since fiscal 2025
- CEO Mark Smith awarded $602,784 (paid to 76 Resources LLC under consulting arrangement)
- CFO Neal Shah awarded $345,621
- COO Scott Honan awarded $378,197
- AIP awards expected to be paid in cash on or about July 15, 2026
- Compensation review assisted by independent consultant Semler Brossy
Financial Impact
Approximately $1.33 million aggregate cash outflow for three named executive officers — immaterial relative to $646M market cap
Risk Factors
- No material risks identified from this filing
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 8 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (NB) — Batch item 1 | 0001539497-26-001924 |
| Document: 0001539497-26-001924-index-headers.html | 0001539497-26-001924 |
| Document: 0001539497-26-001924-index.html | 0001539497-26-001924 |
| Document: 0001539497-26-001924.txt | 0001539497-26-001924 |
| 8-K Filing (NB) — Batch item 5 | 0001539497-26-001924 |
| Document: 0001539497-26-001924-index-headers.html | 0001539497-26-001924 |
| Document: 0001539497-26-001924-index.html | 0001539497-26-001924 |
| Document: 0001539497-26-001924.txt | 0001539497-26-001924 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 16, 2026 10d ago | 8-K | $3.05 | awaiting T+20 | — | $2.90 (−4.92%) |
Oct 16, 2026 10d ago | 8-K | $3.05 | awaiting T+20 | — | $2.90 (−4.92%) |
Jul 8, 2026 15w ago | 8-K | $4.57 $5.06 | ▲ +10.72% | ▲ +8.48% | $2.90 (−36.54%) |
Jun 11, 2026 19w ago | Institutional Cluster | $5.42 $4.57 | ▼ −15.68% | ▼ −17.57% | $2.90 (−46.49%) |
Jun 11, 2026 19w ago | Institutional Cluster | $5.42 $4.57 | ▼ −15.68% | ▼ −17.57% | $2.90 (−46.49%) |
Feb 25, 2026 34w ago | 8-K | $5.63 $4.57 | ▼ −18.83% | ▼ −12.41% | $2.90 (−48.49%) |
US Market Status
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