secwatch.observer — SEC 8-K summary
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Issuer:     SYNLOGIC, INC. (SYBX)
CIK:        0001527599
Form:       8-K
Filed at:   2024-02-22T23:59:59+00:00
Accession:  0001193125-24-042887
Event type: leadership
Sentiment:  negative
Materiality: 0.70
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Synlogic CEO Aoife Brennan to depart March 9; COO Antoine Awad to leave May 30
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- CEO Dr. Aoife Brennan's employment ends March 9, 2024; receives $628,305 severance (12 months base).
- COO Antoine Awad's employment ends May 30, 2024; receives $218,856 severance (6 months base).
- Both executives eligible for pro-rated 2024 bonuses: CEO $65,327, COO $87,302, at Company discretion.
- Health insurance coverage extended: CEO up to 12 months, COO up to 6 months post-departure.
- No replacement named for either role; transitions in progress.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527599/000119312524042887/0001193125-24-042887-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527599/000119312524042887/d793484d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-042887

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer