secwatch.observer — SEC 8-K summary
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Issuer:     WINDTREE THERAPEUTICS INC /DE/ (WINT)
CIK:        0000946486
Form:       8-K/A
Filed at:   2024-11-15T23:59:59+00:00
Accession:  0001437749-24-035497
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Windtree Therapeutics finalizes CFO Jamie McAndrew's employment agreement; base salary $370K
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- Employment agreement finalized Nov 8, 2024; annual base salary $370,000.
- Eligible for year-end bonus target 40% of base salary, at Compensation Committee discretion.
- Termination without cause or for good reason: 12 months base salary severance, pro-rata bonus, COBRA.
- Change of control: 1.5x (base + target bonus) lump sum, full equity acceleration, 18 months COBRA.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/946486/000143774924035497/0001437749-24-035497-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/946486/000143774924035497/wint20241113_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-035497

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