---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-413763"
form_type: "8-K/A"
ticker: "STAA"
cik: "0000718937"
company_name: "STAAR SURGICAL CO"
filed_at: "2026-10-05T16:25:39+00:00"
generated_at: "2026-10-12T14:48:21.968318+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# STAAR names ex-CEO David Bailey Chief Commercial Officer; equity awards total $2.25M

## Summary
- David Bailey named Chief Commercial Officer effective Sept 8, 2026, reporting to CEO Warren Foust; he was STAAR's President/CEO from 2001-2008 and later President, International.
- Base salary CHF 462,825 (~$575,000); FY2026 target bonus 60% of salary, prorated; initial equity grant $850,000, 50% RSUs and 50% options vesting over three years.
- 2026 annual long-term incentive award valued at $1,400,000, prorated, split 50% options/50% RSUs; plus standard executive severance and change-in-control terms.
- 8-K/A corrects the equity award mix from the Sept 10, 2026 original filing; dollar amounts unchanged, corrected offer letter filed as Exhibit 10.1.
- Press release cites Bailey's prior tenure: raised $60M+, won 2005 FDA approval of the ICL, launched in China and South Korea, and acquired the Canon Japan JV.

## SEC filing metadata
- accession: 0001193125-26-413763
- form_type: 8-K/A
- ticker: STAA
- cik: 0000718937
- company_name: STAAR SURGICAL CO
- filed_at: 2026-10-05T16:25:39+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/718937/000119312526413763/0001193125-26-413763-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/718937/000119312526413763/staa-20260908.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-413763
- JSON: https://secwatch.observer/filing/0001193125-26-413763.json
- Plain text: https://secwatch.observer/filing/0001193125-26-413763.txt

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