---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-356146"
form_type: "8-K"
ticker: "MNOV"
cik: "0001226616"
company_name: "MEDICINOVA INC"
filed_at: "2026-08-19T11:30:06+00:00"
generated_at: "2026-08-19T11:35:14.699210+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# MediciNova enters new employment agreements with CEO and CMO

## Summary
- CEO Dr. Yuichi Iwaki: base salary $690,246, bonus target 55% of base.
- CMO Dr. Kazuko Matsuda: base salary $540,143, bonus target 40% of base.
- Non-CIC severance: 12 months salary plus 12 months COBRA for both executives.
- CIC severance: CEO 24 months salary+bonus, CMO 18 months, both 100% equity vesting.
- Agreements effective Aug 17, 2026, replace prior arrangements; include 1-yr non-solicitation.

## SEC filing metadata
- accession: 0001193125-26-356146
- form_type: 8-K
- ticker: MNOV
- cik: 0001226616
- company_name: MEDICINOVA INC
- filed_at: 2026-08-19T11:30:06+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1226616/000119312526356146/0001193125-26-356146-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1226616/000119312526356146/d407050d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-356146
- JSON: https://secwatch.observer/filing/0001193125-26-356146.json
- Plain text: https://secwatch.observer/filing/0001193125-26-356146.txt

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