secwatch.observer — SEC 8-K summary
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Issuer:     ORASURE TECHNOLOGIES INC (OSUR)
CIK:        0001116463
Form:       8-K
Filed at:   2022-03-23T23:59:59+00:00
Accession:  0001193125-22-082900
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OraSure appoints Nancy Gagliano as Interim CEO effective April 1, 2022; Stephen Tang terminated
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- Dr. Gagliano, a current director, becomes Interim CEO after Stephen Tang's termination as CEO and director on March 31, 2022.
- Compensation includes monthly base salary of $55,833, $100k fully vested stock grant, and $670k RSU award vesting monthly over 12 months.
- Board size reduced from 10 to 9 members effective April 1, 2022.
- Dr. Gagliano will not participate in annual incentive or long-term incentive plans; non-employee director fees cease during tenure.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1116463/000119312522082900/0001193125-22-082900-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1116463/000119312522082900/d332944d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-082900

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