---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-068621"
form_type: "8-K"
ticker: "SCLX"
cik: "0001820190"
company_name: "Scilex Holding Co"
filed_at: "2025-05-12T23:59:59+00:00"
generated_at: "2026-05-22T00:22:40.679965+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Scilex adjusts non-employee director equity grants post 1-for-35 reverse stock split

## Summary
- Initial option grant reduced from 250,000 to 7,142 shares per new director.
- Annual option grant for continuing directors reduced from 100,000 to 2,857 shares.
- Cash compensation unchanged: Board $82,500, committee chairs $37,500, other members $15,000.
- Policy effective retroactively to April 15, 2025.
- Share numbers subject to adjustment for future splits, dividends, etc.

## SEC filing metadata
- accession: 0000950170-25-068621
- form_type: 8-K
- ticker: SCLX
- cik: 0001820190
- company_name: Scilex Holding Co
- filed_at: 2025-05-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820190/000095017025068621/0000950170-25-068621-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820190/000095017025068621/sclx-20250509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-068621
- JSON: https://secwatch.observer/filing/0000950170-25-068621.json
- Plain text: https://secwatch.observer/filing/0000950170-25-068621.txt

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