---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-26-013481"
form_type: "8-K"
ticker: "IRD"
cik: "0001228627"
company_name: "Opus Genetics, Inc."
filed_at: "2026-04-07T23:59:59+00:00"
generated_at: "2026-05-15T06:58:53.250719+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Opus Genetics enters change-in-control bonus agreements with four top executives

## Summary
- Agreements cover CEO Dr. George Magrath, CFO Robert Gagnon, COO Joseph Schachle, CS&DO Dr. Ashwath Jayagopal.
- Each agreement provides a gross-up payment for any excise tax under Section 4999 of the Code triggered by change of control.
- Agreements were entered into on April 1, 2026; form filed as Exhibit 10.1.
- Gross-up is designed to put executives in the same after-tax position as if the excise tax had not applied.

## SEC filing metadata
- accession: 0001140361-26-013481
- form_type: 8-K
- ticker: IRD
- cik: 0001228627
- company_name: Opus Genetics, Inc.
- filed_at: 2026-04-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1228627/000114036126013481/0001140361-26-013481-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1228627/000114036126013481/ef20069654_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-013481
- JSON: https://secwatch.observer/filing/0001140361-26-013481.json
- Plain text: https://secwatch.observer/filing/0001140361-26-013481.txt

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