secwatch.observer — SEC 8-K summary
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Issuer:     DYNAVAX TECHNOLOGIES CORP (—)
CIK:        0001029142
Form:       8-K
Filed at:   2025-01-29T23:59:59+00:00
Accession:  0001193125-25-015683
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Dynavax appoints two new directors; two directors to resign before 2025 annual meeting
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- Lauren Silvernail (Class I) and Emilio Emini (Class III) appointed effective Feb 3, 2025.
- Each receives initial grant of 42,750 stock options and 8,636 RSUs, vesting over 3 years.
- Peggy V. Phillips and Julie Eastland to resign effective immediately before 2025 Annual Meeting; not due to disagreements.
- Board size increased to 11, then decreased to 9 effective prior to 2025 Annual Meeting.
- Silvernail to serve as Audit Committee chair from 2025 Annual Meeting; annual cash retainer of $50k, plus $25k for chair role.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1029142/000119312525015683/0001193125-25-015683-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1029142/000119312525015683/d64200d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-015683

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