{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-055629","form_type":"8-K","ticker":"MODD","cik":"0001074871","company_name":"Modular Medical, Inc.","filed_at":"2023-07-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.082543+00:00","generated_at":"2026-06-13T10:26:19.456156+00:00","sec_items":["3.02","5.02","9.01"],"event_type":"leadership","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Modular Medical appoints former Insulet CEO Duane DeSisto to board; William Febbo resigns","bullets":["William Febbo resigned from the board effective July 5, 2023; not due to any disagreement.","Duane DeSisto appointed to board and to chair Compensation Committee, effective July 5, 2023.","DeSisto was President & CEO of Insulet (OmniPod pump) from 2001–2014; grew market cap to >$2B.","DeSisto received an RSU for 250,000 shares vesting quarterly over three years.","As non-employee director, DeSisto will get $30K annual cash/equity plus $100K annual equity award."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-055629","json":"https://secwatch.observer/filing/0001213900-23-055629.json","markdown":"https://secwatch.observer/filing/0001213900-23-055629.md","text":"https://secwatch.observer/filing/0001213900-23-055629.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1074871/000121390023055629/0001213900-23-055629-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1074871/000121390023055629/ea181525-8k_modular.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T10:26:19.456156+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"249168ec96","claim":"Duane DeSisto was appointed as Director at Modular Medical, Inc..","evidence_excerpt":"On July 5, 2023, the Board appointed Duane DeSisto, 68, to serve as a member of the Board and to chair the Compensation Committee of the Board, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1074871/000121390023055629/0001213900-23-055629-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"b7060abfc3","claim":"William Febbo resigned as Director at Modular Medical, Inc..","evidence_excerpt":"On July 5, 2023, William Febbo resigned from the board of directors (the “Board”) of Modular Medical, Inc. (the “Company”) effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1074871/000121390023055629/0001213900-23-055629-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}