---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-181630"
form_type: "8-K"
ticker: "DCTH"
cik: "0000872912"
company_name: "DELCATH SYSTEMS, INC."
filed_at: "2024-07-19T23:59:59+00:00"
generated_at: "2026-05-31T19:25:25.746887+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Delcath Systems enters new employment agreements with CEO Michel, SVP Pennell, and GM Muir

## Summary
- CEO Michel's new agreement provides for 15 months severance (18 months if change in control) and performance bonus eligibility.
- SVP Finance Pennell's agreement provides for 12 months severance (12 months if change in control) and bonus eligibility.
- GM Oncology Muir's agreement provides for 12 months severance (12 months if change in control) and bonus eligibility.
- These agreements replace prior agreements and include standard non-disclosure, non-solicitation, and non-disparagement provisions.
- No changes in roles or base salary amounts disclosed; executives continue in current positions.

## SEC filing metadata
- accession: 0001193125-24-181630
- form_type: 8-K
- ticker: DCTH
- cik: 0000872912
- company_name: DELCATH SYSTEMS, INC.
- filed_at: 2024-07-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/872912/000119312524181630/0001193125-24-181630-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/872912/000119312524181630/d866613d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-181630
- JSON: https://secwatch.observer/filing/0001193125-24-181630.json
- Plain text: https://secwatch.observer/filing/0001193125-24-181630.txt

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