---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-097730"
form_type: "8-K"
ticker: "PRPO"
cik: "0001043961"
company_name: "Precipio, Inc."
filed_at: "2024-09-06T23:59:59+00:00"
generated_at: "2026-05-31T06:01:10.831398+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Precipio reprices ~177,000 options to $6.56 for employees and directors

## Summary
- Board approved repricing of options granted before Dec 31, 2022 with exercise prices above $6.56 to $6.56 (Aug 30 close).
- Approximately 177,000 of 304,000 total outstanding options repriced; affects employees, directors, and service providers.
- CEO Ilan Danieli had 44,971 of 65,471 options repriced; CFO Matthew Gage had 3,824 of 11,574 repriced.
- Retention clause: if exercised or employment ends for cause voluntarily within 1 year, original exercise price applies.
- Repricing not subject to stockholder approval; accounting impact expected in Q3 2024.

## SEC filing metadata
- accession: 0001104659-24-097730
- form_type: 8-K
- ticker: PRPO
- cik: 0001043961
- company_name: Precipio, Inc.
- filed_at: 2024-09-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1043961/000110465924097730/0001104659-24-097730-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1043961/000110465924097730/tm2423522-1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-097730
- JSON: https://secwatch.observer/filing/0001104659-24-097730.json
- Plain text: https://secwatch.observer/filing/0001104659-24-097730.txt

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