secwatch.observer — SEC 8-K summary
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Issuer:     Tectonic Therapeutic, Inc. (TECX)
CIK:        0001681087
Form:       8-K
Filed at:   2024-07-05T23:59:59+00:00
Accession:  0001193125-24-175599
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

COO Christian Cortis departs Tectonic Therapeutic; receives 9-month severance and consulting role
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- Dr. Christian Cortis separated as COO effective July 5, 2024, per separation agreement.
- Severance includes 9 months of base salary ($300,750.11) plus prorated 2024 target bonus ($70,175.02).
- Consulting from July 5, 2024 through March 31, 2025; equity awards continue vesting during consulting period.
- Cortis must abide by non-disparagement and confidentiality obligations; company retains right to claw back severance for breach.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1681087/000119312524175599/0001193125-24-175599-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1681087/000119312524175599/d859790d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-175599

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