Weis Markets Inc. has entered into a new employment agreement with Jonathan H. Weis, its Chairman, President, and CEO, effective January 1, 2026 through December 31, 2028. Under the agreement, Mr. Weis will receive an annual base salary of no less than $1,447,819, subject to periodic review and adjustment by the Board or its Compensation Committee. If Mr. Weis’ employment is terminated without cause or he resigns for "Good Reason," he will be entitled to any earned but unpaid base salary and bonuses, continued base salary through the end of the contract term, and a term life insurance policy with a $4 million death benefit. The agreement also includes provisions for recoupment of performance-based compensation in the event of misconduct or financial restatement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Weis Markets Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000105418-26-000003), on February 10, 2026, and is solely responsible for the information contained therein.