SeaStar Medical approves retention bonuses for CEO Eric Schlorff ($200K) and Kevin Chung ($140K)

SeaStar Medical Holding Corp

CEO Eric Schlorff receives $200,000 retention bonus; Kevin Chung receives $140,000, each in three installments.
First installment vests July 1, 2026; second on Nov 1, 2026; third on March 1, 2027, subject to continued employment.
Each executive may receive additional RSUs equal to 25% of each cash payment, vesting on same schedule.
If terminated without cause before a vesting date, executive receives pro-rata amount for that period.
Part of a broader retention program for long-serving employees; agreements executed June 29, 2026.

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