---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-054644"
form_type: "8-K"
ticker: "RCEL"
cik: "0001762303"
company_name: "AVITA Medical, Inc."
filed_at: "2023-10-23T23:59:59+00:00"
generated_at: "2026-06-09T17:01:07.052908+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# AVITA Medical settles $1M with former CEO Dr. Michael Perry over departure claims

## Summary
- Settlement of $1 million, split into wage and non-wage payments, for general release of claims.
- Agreement includes mutual non-disparagement clause; no admission of allegations by company.
- Settlement resolves claims related to Dr. Perry's prior departure from AVITA Medical.

## SEC filing metadata
- accession: 0000950170-23-054644
- form_type: 8-K
- ticker: RCEL
- cik: 0001762303
- company_name: AVITA Medical, Inc.
- filed_at: 2023-10-23T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1762303/000095017023054644/0000950170-23-054644-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1762303/000095017023054644/rcel-20231020.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-054644
- JSON: https://secwatch.observer/filing/0000950170-23-054644.json
- Plain text: https://secwatch.observer/filing/0000950170-23-054644.txt

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