leadership
confidence high
sentiment neutral
materiality 0.60
Rocket Pharma finalizes Dr. Patel separation; consulting through Dec 2026 with $582K retainer
ROCKET PHARMACEUTICALS, INC.
- Dr. Kinnari Patel receives $482,040 lump-sum severance (10 months salary) and $30,045 healthcare allowance.
- She stays on paid garden leave through Dec 31, 2025; then consulting until Dec 31, 2026 for $582,156 retainer.
- Patel retains restricted stock units and options during the consulting period under existing plans.
- Accrued PTO payout of $102,480; 2025 bonus eligibility subject to company performance.
- Payments conditioned on release of claims, non-disparagement, and restrictive covenant compliance.