secwatch.observer — SEC 8-K summary
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Issuer:     Cryoport, Inc. (CYRX)
CIK:        0001124524
Form:       8-K
Filed at:   2024-02-15T23:59:59+00:00
Accession:  0001104659-24-024562
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cryoport appoints Edward Zecchini as SVP CDTO; CEO, CFO, CSO contracts amended through 2027
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- Edward Zecchini resigned from Board effective Feb 19, 2024, to become Senior VP & Chief Digital & Technology Officer.
- CEO Jerrell Shelton's agreement extended to Feb 15, 2027; termination without cause triggers full equity vesting, no COBRA.
- CFO Robert Stefanovich and CSO Mark Sawicki agreements extended to Feb 15, 2027; termination without cause yields one-year accelerated vesting, reduced COBRA.
- For all three, company non-renewal of contract is deemed termination without cause, entitling them to severance benefits.
- No disagreements were reported with Zecchini's transition or the employment agreement amendments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1124524/000110465924024562/0001104659-24-024562-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1124524/000110465924024562/tm246433d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-024562

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