---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-032821"
form_type: "8-K/A"
ticker: "PROK"
cik: "0001850270"
company_name: "PROKIDNEY CORP."
filed_at: "2024-03-18T23:59:59+00:00"
generated_at: "2026-06-04T15:44:45.938490+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# ProKidney finalizes separation agreement with ex-CEO Bertram; $620K severance plus benefits

## Summary
- Company pays $620K severance, bonus up to 60% of base salary for 2023 based on scorecard.
- COBRA/Medicare premiums paid 100% through May 31, 2025; legal fees reimbursed up to $20K.
- Vested stock options exercisable for 90 days after effective date; unvested equity forfeited.
- Vested Class B ordinary shares remain subject to lockup until July 11, 2026 or regulatory milestone.
- Standard release, non-disparagement, cooperation, and continuing obligations included.

## SEC filing metadata
- accession: 0000950170-24-032821
- form_type: 8-K/A
- ticker: PROK
- cik: 0001850270
- company_name: PROKIDNEY CORP.
- filed_at: 2024-03-18T23:59:59+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/1850270/000095017024032821/0000950170-24-032821-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1850270/000095017024032821/prok-20231110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-032821
- JSON: https://secwatch.observer/filing/0000950170-24-032821.json
- Plain text: https://secwatch.observer/filing/0000950170-24-032821.txt

## Key facts
- Executive change
  Dr. Bertram departed as ceo at PROKIDNEY CORP..
  - Action: separated
  source text: On March 13, 2024 (the “Effective Date”), the Company entered into a Separation Agreement (the “Separation Agreement”) with Dr. Bertram.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1850270/000095017024032821/0000950170-24-032821-index.htm

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