---
schema_version: "secwatch.filing_event.v1"
accession: "0000897101-21-000771"
form_type: "8-K"
ticker: "ELMD"
cik: "0001488917"
company_name: "Electromed, Inc."
filed_at: "2021-09-27T23:59:59+00:00"
generated_at: "2026-06-29T01:15:25.230162+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Electromed reaches cooperation agreement with Summers Value Partners; nominates two new directors

## Summary
- Summers Value Partners (beneficial owner of ~5.9% of ELMD) withdraws proxy contest; enters standstill and voting pact.
- Electromed will nominate Kathleen Tune and Joseph Galatowitsch for election at Fiscal 2022 Annual Meeting in November 2021.
- Directors Steve Craney and George Winn to retire at Annual Meeting; Board remains at 7 directors.
- New Finance and Strategy Committee formed after Annual Meeting, chaired by Tune, to review strategy, M&A, and capital allocation.
- Board will elect a new independent Chair immediately following the Annual Meeting.

## SEC filing metadata
- accession: 0000897101-21-000771
- form_type: 8-K
- ticker: ELMD
- cik: 0001488917
- company_name: Electromed, Inc.
- filed_at: 2021-09-27T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1488917/000089710121000771/0000897101-21-000771-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1488917/000089710121000771/elmd211186_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000897101-21-000771
- JSON: https://secwatch.observer/filing/0000897101-21-000771.json
- Plain text: https://secwatch.observer/filing/0000897101-21-000771.txt

## Key facts
- Executive change
  Steve Craney departed as Director at Electromed, Inc..
  - Action: retire
  - Role: Director
  source text: each of Mr. Craney and Dr. Winn has indicated his intention to retire from the Board effective as of the 2022 Annual Meeting and, as a result, will not to stand for reelection.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1488917/000089710121000771/0000897101-21-000771-index.htm
- Executive change
  George Winn departed as Director at Electromed, Inc..
  - Action: retire
  - Role: Director
  source text: each of Mr. Craney and Dr. Winn has indicated his intention to retire from the Board effective as of the 2022 Annual Meeting and, as a result, will not to stand for reelection.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1488917/000089710121000771/0000897101-21-000771-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.