---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-068526"
form_type: "8-K"
ticker: "DRIO"
cik: "0001533998"
company_name: "DarioHealth Corp."
filed_at: "2024-06-05T23:59:59+00:00"
generated_at: "2026-06-01T06:15:14.691545+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# DarioHealth appoints Steven Nelson as CCO; President Richard Anderson departs

## Summary
- Steven Nelson, formerly CEO of Contigo Health (Premier Inc.), named Chief Commercial Officer effective June 5, 2024.
- Nelson receives $400,000 base salary, annual bonus up to $400,000 tied to GAAP revenue targets (targets redacted).
- Nelson granted time-vesting option for 500,000 shares and performance options for up to 400,000 (2024) and 450,000 shares (2025-2027) vested on revenue milestones.
- President Richard Anderson mutually agreed to step down; no disagreement; will stay as consultant and Advisory Board member.
- Anderson's departure not related to any disagreement with company's operations, policies, or practices.

## SEC filing metadata
- accession: 0001104659-24-068526
- form_type: 8-K
- ticker: DRIO
- cik: 0001533998
- company_name: DarioHealth Corp.
- filed_at: 2024-06-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1533998/000110465924068526/0001104659-24-068526-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1533998/000110465924068526/tm2416414d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-068526
- JSON: https://secwatch.observer/filing/0001104659-24-068526.json
- Plain text: https://secwatch.observer/filing/0001104659-24-068526.txt

## Key facts
- Executive change
  Richard Anderson departed as President at DarioHealth Corp..
  - Action: ceased serving
  - Role: President
  source text: the Company and Richard Anderson, the Company’s President, mutually agreed for Mr. Anderson to cease serving in his role as President of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1533998/000110465924068526/0001104659-24-068526-index.htm
- Executive change
  Steven Nelson was appointed as Chief Commercial Officer at DarioHealth Corp..
  - Action: appointed
  - Role: Chief Commercial Officer
  source text: appointed Steven Nelson, age 51, to serve as its Chief Commercial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1533998/000110465924068526/0001104659-24-068526-index.htm

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