---
schema_version: "secwatch.filing_event.v1"
accession: "0001376339-26-000021"
form_type: "8-K"
ticker: "MDXG"
cik: "0001376339"
company_name: "MIMEDX GROUP, INC."
filed_at: "2026-04-16T23:59:59+00:00"
generated_at: "2026-05-15T05:46:11.261652+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# MiMedx Announces Restructuring and $40M Annual Cost Reduction Initiative

## Summary
- Eliminated Chief Operating Officer position held by Ricci Whitlow; her departure effective immediately.
- CEO Joe Capper's base salary reduced by 20%; other named executive officers receive 10% salary reductions through Dec 31, 2026.
- Company expects annualized savings of approximately $40 million; expects one-time restructuring charge of ~$4 million in Q2 2026.
- Cost reduction due to slower-than-expected recovery in Wound Care business following January 1 Medicare reimbursement cut.
- Surgical business continues to grow and warrants additional investments; restructuring to streamline operations.

## SEC filing metadata
- accession: 0001376339-26-000021
- form_type: 8-K
- ticker: MDXG
- cik: 0001376339
- company_name: MIMEDX GROUP, INC.
- filed_at: 2026-04-16T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1376339/000137633926000021/0001376339-26-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1376339/000137633926000021/mdxg-20260414.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001376339-26-000021
- JSON: https://secwatch.observer/filing/0001376339-26-000021.json
- Plain text: https://secwatch.observer/filing/0001376339-26-000021.txt

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