---
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"
generated_at: "2026-06-13T10:26:19.456156+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Modular Medical appoints former Insulet CEO Duane DeSisto to board; William Febbo resigns

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: leadership
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.02, 5.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-055629
- JSON: https://secwatch.observer/filing/0001213900-23-055629.json
- Plain text: https://secwatch.observer/filing/0001213900-23-055629.txt

## Key facts
- Executive change
  Duane DeSisto was appointed as Director at Modular Medical, Inc..
  - Action: appointed
  - Role: Director
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1074871/000121390023055629/0001213900-23-055629-index.htm
- Executive change
  William Febbo resigned as Director at Modular Medical, Inc..
  - Action: resigned
  - Role: Director
  source text: On July 5, 2023, William Febbo resigned from the board of directors (the “Board”) of Modular Medical, Inc. (the “Company”) effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1074871/000121390023055629/0001213900-23-055629-index.htm

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