BTMD 8-K
biote Corp. (BTMD)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On April 1, 2025 (the “Effective Date”), Marc Beer, biote Corp.’s (the “Company”) Executive Chairman, transitioned from full-time employment to part-time employment (the “Transition”), consistent with the Board of Directors’ transition plan of leadership. On April 22, 2025, the Compensation Committee proportionately reduced Mr. Beer’s annual base salary from $490,000 to $196,000 to reflect his Transition, to be retroactively effective as of the Effective Date. The Company expects that Mr. Beer will transition from part-time employee to Non-Executive Chairman by the end of the third quarter of 2025.
SIGNATURE
Pursuant to the requirements of the Exchange Act, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| biote Corp. | ||
| By: | /s/ Bret Christensen | |
| Name: | Bret Christensen | |
| Title: | Chief Executive Officer | |
Date: April 24, 2025