leadership
confidence high
sentiment neutral
materiality 0.50
STAAR Surgical CLO Nathaniel Sisitsky departs; receives severance and consulting deal
STAAR SURGICAL CO
- Nathaniel Sisitsky terminated as Chief Legal Officer and Corporate Secretary effective Feb 4, 2026; treated as termination without cause.
- Severance includes 12 months base salary, 12 months insurance premium reimbursement, 2025 annual bonus, and $75,000 retention award installment.
- Consulting agreement runs through March 13, 2026 at $8,000/week plus $10,000 completion fee for transition of legal function.
- March 2026 RSUs accelerated and vested; all other equity awards (options, PSUs, other RSUs) forfeited as of Separation Date.
item 5.02