---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-040526"
form_type: "8-K"
ticker: "NUWE"
cik: "0001506492"
company_name: "Nuwellis, Inc."
filed_at: "2023-08-18T23:59:59+00:00"
generated_at: "2026-06-11T06:54:09.785202+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Nuwellis promotes Robert B. Scott to CFO effective September 2, 2023

## Summary
- Mr. Scott, previously Senior Finance Director, will serve as CFO; base salary set at $280,000.
- Eligible for annual performance bonus up to 40% of base salary, pro-rated for 2023.
- Awarded stock option to purchase 1% of outstanding common shares, vesting 25% at 1 year then monthly over 36 months.
- Company expects to enter into a change-in-control agreement accelerating equity vesting upon a change in control.

## SEC filing metadata
- accession: 0001140361-23-040526
- form_type: 8-K
- ticker: NUWE
- cik: 0001506492
- company_name: Nuwellis, Inc.
- filed_at: 2023-08-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1506492/000114036123040526/0001140361-23-040526-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1506492/000114036123040526/brhc20057734_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-040526
- JSON: https://secwatch.observer/filing/0001140361-23-040526.json
- Plain text: https://secwatch.observer/filing/0001140361-23-040526.txt

## Key facts
- Executive change
  Robert B. Scott was appointed as Chief Financial Officer at Nuwellis, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: Robert B. Scott will be appointed as Chief Financial Officer of Nuwellis, Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1506492/000114036123040526/0001140361-23-040526-index.htm

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