Amendment to Executive Employment Agreements

2026-04-10SEC Filing 8-K (0001878897-26-000011)

Douglas Elliman Inc. has amended the employment agreements for J. Bryant Kirkland III and Bradley H. Brodie, effective April 10, 2026. Mr. Kirkland's base salary increased to $650,000 with a target bonus of 65% of base salary. He will also receive a $150,000 retention bonus. Severance benefits were updated, including a 12-month severance period and prorated bonus based on target opportunity in case of qualifying termination. In the event of a change in control, he is entitled to his full target bonus and 12 months of COBRA premiums. Mr. Brodie's base salary increased to $575,000 with a target bonus of 50% of base salary. His severance benefits were also amended, providing a 12-month severance period and prorated bonus based on target opportunity for qualifying terminations. In case of a change in control, Mr. Brodie will receive 1.5 times his base salary, his full target bonus, and 12 months of COBRA premiums.

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