---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-062428"
form_type: "8-K"
ticker: null
cik: "0001892025"
company_name: "Optimus Healthcare Services, Inc."
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T15:01:28.268897+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Optimus Healthcare terminates CEO John Sganga for cause; appoints Cliff Saffron as interim CEO

## Summary
- CEO John Sganga terminated for cause effective July 27, 2023; no severance payments.
- Cliff Saffron (COO and General Counsel) appointed President and Interim CEO same day.
- Saffron's base salary is $214,000/yr, eligible for annual bonus up to 50% of base.
- Saffron holds options for 290,000 shares at $1.80-$1.85, vesting over 4 years.
- If Saffron terminated without cause or resigns for good reason, he gets 12 months pay plus immediate vesting.

## SEC filing metadata
- accession: 0001213900-23-062428
- form_type: 8-K
- cik: 0001892025
- company_name: Optimus Healthcare Services, Inc.
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1892025/000121390023062428/0001213900-23-062428-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1892025/000121390023062428/ea182731-8k_optimus.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-062428
- JSON: https://secwatch.observer/filing/0001213900-23-062428.json
- Plain text: https://secwatch.observer/filing/0001213900-23-062428.txt

## Key facts
- Executive change
  John Sganga was terminated as chief executive officer at Optimus Healthcare Services, Inc..
  - Action: terminated
  - Role: chief executive officer
  source text: On July 27, 2023, Optimus Healthcare Services, Inc. (the “Company”), terminated John Sganga as chief executive officer and all other officer positions, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1892025/000121390023062428/0001213900-23-062428-index.htm
- Executive change
  Cliff Saffron was appointed as President and Interim Chief Executive Officer at Optimus Healthcare Services, Inc..
  - Action: appointed
  - Role: President and Interim Chief Executive Officer
  source text: On July 27, 2023, Cliff Saffron, the current Chief Operating Officer and General Counsel of the Company, was appointed as the President and Interim Chief Executive Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1892025/000121390023062428/0001213900-23-062428-index.htm

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