---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-049190"
form_type: "8-K"
ticker: "CYCN"
cik: "0001755237"
company_name: "Cyclerion Therapeutics, Inc."
filed_at: "2023-10-23T23:59:59+00:00"
generated_at: "2026-06-09T16:56:30.486081+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Cyclerion CFO Anjeza Gjino to resign; separation includes up to $430K in cash payments

## Summary
- CFO Anjeza Gjino to resign after Q3 2023 10-Q filing; resignation not due to any disagreement.
- Receives $226K lump sum on separation, plus $102K each at 6- and 9-month anniversaries if still unemployed.
- Vested stock options exercisable for 2 years post-separation; unvested options terminate on effective date.
- Non-compete limited to 6 months; agreement includes confidentiality, non-disparagement, and general release.

## SEC filing metadata
- accession: 0001140361-23-049190
- form_type: 8-K
- ticker: CYCN
- cik: 0001755237
- company_name: Cyclerion Therapeutics, Inc.
- filed_at: 2023-10-23T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1755237/000114036123049190/0001140361-23-049190-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1755237/000114036123049190/ef20013008_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-049190
- JSON: https://secwatch.observer/filing/0001140361-23-049190.json
- Plain text: https://secwatch.observer/filing/0001140361-23-049190.txt

## Key facts
- Executive change
  Anjeza Gjino resigned as Chief Financial Officer at Cyclerion Therapeutics, Inc..
  - Action: resigned
  - Role: Chief Financial Officer
  source text: On October 17, 2023, Cyclerion Therapeutics Inc. (“Cyclerion”) and Anjeza Gjino (“Ms. Gjino”), Cyclerion’s Chief Financial Officer, entered into a Separation and Release of Claims Agreement, dated such date (the “Agreement”), pursuant to which Ms. Gjino will resign from Cyclerion.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1755237/000114036123049190/0001140361-23-049190-index.htm

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