secwatch.observer — SEC 8-K summary
======================================

Issuer:     WINDTREE THERAPEUTICS INC /DE/ (WINT)
CIK:        0000946486
Form:       8-K
Filed at:   2024-11-14T23:59:59+00:00
Accession:  0001437749-24-035033
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Windtree CEO Craig Fraser retires; Jed Latkin appointed President & CEO effective Dec 1, 2024
--------------------------------------------------------------------------------

- Craig Fraser retires as President and CEO effective Dec 1, 2024, but remains Chairman of the Board.
- Jed Latkin, age 50, appointed President and CEO; previously COO and CFO of ProPhase Labs.
- Latkin's base salary set at $557,300, with target annual bonus of 50% of base salary.
- Latkin eligible for equity award of 2.5% of outstanding shares, subject to shareholder approval.
- Employment agreement includes 12-month non-compete and severance benefits for termination without cause or change in control.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/946486/000143774924035033/0001437749-24-035033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/946486/000143774924035033/wint20241113_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-035033

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer