secwatch.observer — SEC 8-K summary
======================================

Issuer:     Electromed, Inc. (ELMD)
CIK:        0001488917
Form:       8-K
Filed at:   2022-06-07T23:59:59+00:00
Accession:  0000897101-22-000581
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Electromed appoints Michelle Wirtz as Interim CFO; base salary $220K, 30% target bonus
--------------------------------------------------------------------------------

- Michelle C. Wirtz promoted to Interim CFO, Treasurer and Secretary effective June 1, 2022.
- New annual base salary of $220,000; eligible for bonus with 30% of base target from FY2023.
- For a non-cause termination within 12 months after a change of control, she receives 100% base salary plus pro-rated company-performance bonus and 12 months COBRA premium continuation.
- Former CFO Michael J. MacCourt ceased those roles on June 1, 2022; remains employed through July 1, 2022 for transition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1488917/000089710122000581/0000897101-22-000581-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1488917/000089710122000581/elmd220749_8k.htm
  HTML page:      https://secwatch.observer/filing/0000897101-22-000581

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer