---
schema_version: "secwatch.filing_event.v1"
accession: "0000897101-23-000248"
form_type: "8-K"
ticker: "ELMD"
cik: "0001488917"
company_name: "Electromed, Inc."
filed_at: "2023-06-15T23:59:59+00:00"
generated_at: "2026-06-14T00:03:39.791331+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Electromed CCO Christopher Holland to depart June 23; receives $117,937 severance plus accelerated vesting

## Summary
- Christopher G. Holland's employment ends June 23, 2023 under mutual separation agreement.
- Lump-sum severance includes $89,175 target bonus and $28,762 for COBRA premiums.
- Accelerated vesting of unvested equity eligible to vest by July 1, 2023; remainder forfeited.
- Holland remains bound by non-competition, IP, and confidentiality agreements.
- Agreement includes cooperation with transition and release of all claims against Electromed.

## SEC filing metadata
- accession: 0000897101-23-000248
- form_type: 8-K
- ticker: ELMD
- cik: 0001488917
- company_name: Electromed, Inc.
- filed_at: 2023-06-15T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1488917/000089710123000248/0000897101-23-000248-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1488917/000089710123000248/elmd230682_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000897101-23-000248
- JSON: https://secwatch.observer/filing/0000897101-23-000248.json
- Plain text: https://secwatch.observer/filing/0000897101-23-000248.txt

## Key facts
- Executive change
  Christopher G. Holland departed as Chief Commercial Officer at Electromed, Inc..
  - Action: end his employment
  - Role: Chief Commercial Officer
  source text: On June 13, 2023, Electromed, Inc. (the “Company”) reached a mutual agreement with its Chief Commercial Officer, Christopher G. Holland, to end his employment effective as of June 23, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1488917/000089710123000248/0000897101-23-000248-index.htm

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