ESS Tech, Inc. Form 8-K Filing
On August 28, 2026, ESS Tech, Inc. entered into new employment agreements with Chief Financial Officer Kate Suhadolnik and Chief Strategy Officer and General Counsel Kelly F. Goodman. These agreements, effective August 28, 2026, memorialize the terms of their employment without altering their current titles, roles, or responsibilities. Both executives will receive a base salary of $380,000. The agreements include provisions for enhanced severance benefits if their employment is terminated under specific circumstances, particularly during a 12-month period following a Change in Control (CIC Protective Period). In such cases, they are entitled to 12 months of base salary, continued COBRA premiums for 12 months, and full acceleration of unvested equity awards. The agreements also contain standard confidentiality, non-solicitation, and non-competition clauses. These employment agreements were not entered into in connection with any change in the executives' roles or responsibilities.