secwatch.observer — SEC 8-K summary
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Issuer:     Assertio Holdings, Inc. (ASRT)
CIK:        0001808665
Form:       8-K
Filed at:   2024-01-05T23:59:59+00:00
Accession:  0001104659-24-001870
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Assertio Holdings CEO Daniel Peisert departs; board member Heather Mason named interim CEO
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- CEO Daniel Peisert separated effective Jan 2, 2024; entitled to severance under management continuity agreement.
- Heather Mason appointed Interim CEO; base salary $540k/yr, bonus up to $200k, stock option for 550,000 shares.
- Board committee changes: Peter Staple to Audit, Sravan Emany to Compensation, William McKee chairs Nominating & Governance.
- Permanent CEO search initiated; Mason's term capped at six months unless extended by agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1808665/000110465924001870/0001104659-24-001870-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1808665/000110465924001870/tm241594d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-001870

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer