---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-036136"
form_type: "8-K"
ticker: "CYRX"
cik: "0001124524"
company_name: "Cryoport, Inc."
filed_at: "2022-03-21T23:59:59+00:00"
generated_at: "2026-06-26T21:16:02.236028+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Cryoport enters employment agreement with CSO Sawicki; extends Shelton's contract to 2026

## Summary
- Dr. Mark Sawicki enters 3-year employment agreement as Chief Scientific Officer and CEO of Cryoport Systems, LLC.
- Sawicki's base salary set by Compensation Committee; no modification to existing compensation or equity.
- Sawicki receives 18 months base salary and COBRA if terminated without cause or for good reason.
- Jerrell Shelton's employment agreement amended: term extended to June 1, 2026; equity acceleration now covers all equity awards.
- Shelton amendment also expands acceleration triggers to include termination without cause or for good reason.

## SEC filing metadata
- accession: 0001104659-22-036136
- form_type: 8-K
- ticker: CYRX
- cik: 0001124524
- company_name: Cryoport, Inc.
- filed_at: 2022-03-21T23:59:59+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/1124524/000110465922036136/0001104659-22-036136-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1124524/000110465922036136/tm229719d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-036136
- JSON: https://secwatch.observer/filing/0001104659-22-036136.json
- Plain text: https://secwatch.observer/filing/0001104659-22-036136.txt

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