Business Context and Reporting Period
This Form 8-K Current Report was filed by Natural Alternatives International, Inc. (NASDAQ: NAII) on June 27, 2025. The report discloses a material amendment to the employment agreement of the Company's Chief Financial Officer, effective July 1, 2025.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity metrics. The document is limited to executive compensation updates.
Material Changes
- Executive Compensation: The annual base salary for Michael E. Fortin, Chief Financial Officer, was increased to $365,000, effective July 1, 2025.
- Contractual Update: This change reflects the Fifth Amendment to the Employment Agreement originally dated October 1, 2015, and previously amended on July 1, 2021.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on business outlook, or discussion of risks and contingencies. The report strictly addresses the specific compensatory arrangement for the CFO.
Investor Verification Checklist
- Verify the total compensation package for the CFO beyond the base salary increase (e.g., bonuses, equity awards) in the attached Exhibit 10.68.
- Review the Company's most recent 10-Q or 10-K to assess the impact of this salary increase on overall operating expenses.
- Confirm the effective date of the salary adjustment aligns with the Company's fiscal calendar.