Matternet CFO Jason Secore exits; separation deal pays $156,146, extends option exercise 18 months post-IPO

Matternet, Inc.

CFO Jason Secore's last day was September 29, 2026; separation agreement signed October 1, 2026 pays $156,146 lump sum within 10 days of effective date.
Vesting ceased on Separation Date: 500,526 vested shares under option ES-238 and 102,922 under ES-291; unvested portions cancelled.
Exercise period for vested options extended to 18-month anniversary of Matternet's first Nasdaq/NYSE/NYSE American listing; Secore must be available for CEO consultations during that period.
Departure not due to any disagreement with Matternet on operations, policies, or practices; CEO Andreas Raptopoulos signed the 8-K as CEO and CFO.
Company will directly pay COBRA premiums through October 31, 2026 if Secore timely elects continued coverage.

item 5.02 item 9.01

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Departed

Jason Secore

Chief Financial Officer

MTTN · Matternet, Inc.

Effective: 2026-09-29
Filed: October 7, 2026, 4:05 PM ET

On September 28, 2026, we filed a Current Report on Form 8-K disclosing that Mr. Secore’s employment with Matternet would end on September 29, 2026, and we had commenced a search for Mr. Secore’s successor.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Jason Secore departed as Chief Financial Officer at Matternet, Inc..

Action: departed
Role: Chief Financial Officer

Exact text from the filing

On September 28, 2026, we filed a Current Report on Form 8-K disclosing that Mr. Secore’s employment with Matternet would end on September 29, 2026, and we had commenced a search for Mr. Secore’s successor.

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Matternet, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-26-107571

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