secwatch.observer — SEC 8-K summary
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Issuer:     TransMedics Group, Inc. (TMDX)
CIK:        0001756262
Form:       8-K
Filed at:   2026-09-10T20:40:19+00:00
Accession:  0001193125-26-387960
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TransMedics appoints Fernando Araujo as CFO; reiterates FY26 revenue guidance of $737M-$757M
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- Fernando Araujo, ex-GE HealthCare CFO, becomes CFO and Treasurer effective Sept 21, 2026; succeeds Gerardo Hernandez.
- Araujo gets $590K base, 60% target bonus, $200K sign-on, and ~$3.5M in equity (options + RSUs) with severance terms.
- Hernandez transitions to non-executive employee until Dec 31, 2026, then senior advisor to Apr 30, 2027; keeps $535K salary.
- Company reiterates FY2026 revenue guidance of $737M-$757M (22-25% YoY growth), excluding PAD Aviation investment.
- Guidance to be revisited with Q3 2026 results; Araujo's background includes GE HealthCare's $16B Advanced Imaging Solutions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1756262/000119312526387960/0001193125-26-387960-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1756262/000119312526387960/d116447d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-387960

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