secwatch.observer — SEC 8-K summary
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Issuer:     iSpecimen Inc. (ISPC)
CIK:        0001558569
Form:       8-K
Filed at:   2022-10-28T23:59:59+00:00
Accession:  0001104659-22-112436
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

iSpecimen finalizes CEO/COO departures, enters new employment agreements with Curley and Bielak; director resigns
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- Former CEO Ianelli receives $350,000 severance and accelerated vesting of 13,021 RSUs; COO Mullan gets $325,000 severance and 13,021 RSUs.
- Tracy Curley appointed Interim CEO/CFO with annual salary of $350,000 and target bonus of 50% of salary (25% prorated for 2022).
- CIO Benjamin Bielak gets amended agreement with $326,000 salary, 40% target bonus (20% prorated for 2022), and 30,000 stock options.
- Director Margaret Lawrence resigns effective November 15, 2022 for personal reasons; no disagreement with the company.
- Executives Curley and Bielak receive stock option grants: 100,000 shares and 30,000 shares, respectively, vesting over four years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1558569/000110465922112436/0001104659-22-112436-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1558569/000110465922112436/tm2229013d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-112436

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