---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-036112"
form_type: "8-K"
ticker: "MMED"
cik: "0002062583"
company_name: "MiniMed Group, Inc."
filed_at: "2026-03-27T23:59:59+00:00"
generated_at: "2026-05-15T08:43:56.677980+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# MiniMed adopts new executive severance plans: 2x pay on non-CIC termination, 3x on CIC

## Summary
- Severance Plan for Executives provides lump sum equal to 2x base salary plus target annual bonus, plus 24 months COBRA on non-CIC termination.
- Change of Control Severance Plan pays 3x base salary plus highest annual bonus, plus continued benefits for 3 years.
- Plans cover named executive officers; equity vesting not continued except for retirement-eligible participants.
- Plans effective March 23, 2026; excise tax gross-up reduced to better net-after-tax position if triggered.

## SEC filing metadata
- accession: 0001104659-26-036112
- form_type: 8-K
- ticker: MMED
- cik: 0002062583
- company_name: MiniMed Group, Inc.
- filed_at: 2026-03-27T23:59:59+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/2062583/000110465926036112/0001104659-26-036112-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2062583/000110465926036112/tm2610044d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-036112
- JSON: https://secwatch.observer/filing/0001104659-26-036112.json
- Plain text: https://secwatch.observer/filing/0001104659-26-036112.txt

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