---
schema_version: "secwatch.filing_event.v1"
accession: "0001020214-26-000007"
form_type: "8-K"
ticker: "CERS"
cik: "0001020214"
company_name: "CERUS CORP"
filed_at: "2026-04-21T23:59:59+00:00"
generated_at: "2026-05-15T05:02:33.959719+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Cerus adopts severance plan for top officers; CFO, COO, CMO, CLO covered

## Summary
- Severance plan provides 1.5x-2x salary and bonus multiples, COBRA coverage, and full equity acceleration on change-in-control termination.
- Participants: CFO Kevin Green, COO Vivek Jayaraman, CMO Richard Benjamin, CLO Chrystal Jensen.
- Non-change-in-control severance for Green, Jensen, and Jayaraman (as COO) includes 12 months base salary and COBRA; Jayaraman as CEO gets enhanced benefits.
- Plan supersedes all prior severance arrangements for these officers.

## SEC filing metadata
- accession: 0001020214-26-000007
- form_type: 8-K
- ticker: CERS
- cik: 0001020214
- company_name: CERUS CORP
- filed_at: 2026-04-21T23:59:59+00:00
- event_type: other_material
- 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/1020214/000102021426000007/0001020214-26-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1020214/000102021426000007/cers-20260417.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001020214-26-000007
- JSON: https://secwatch.observer/filing/0001020214-26-000007.json
- Plain text: https://secwatch.observer/filing/0001020214-26-000007.txt

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