secwatch.observer — SEC 8-K summary
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Issuer:     Cingulate Inc. (CING)
CIK:        0001862150
Form:       8-K
Filed at:   2025-08-28T23:59:59+00:00
Accession:  0001493152-25-012449
Event type: leadership
Sentiment:  negative
Materiality: 0.75
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Cingulate sets exec chairman retainer at $10K/mo; CEO on leave at 75% pay; ex-exec Myers gets $436K severance
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- John A. Roberts appointed Executive Chairman effective Aug 14; receives $10,000/month cash retainer.
- CEO Shane Schaffer on administrative leave; salary reduced to 75% with benefits continued.
- Laurie Myers employment ended Aug 7; Separation Agreement signed Aug 28 for $436,720 severance paid over 12 months.
- Myers' unvested stock options fully vest and remain exercisable; post-employment restrictions including non-disparagement apply.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1862150/000149315225012449/0001493152-25-012449-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1862150/000149315225012449/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-012449

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