---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-021506"
form_type: "8-K"
ticker: "MLSS"
cik: "0000855683"
company_name: "MILESTONE SCIENTIFIC INC."
filed_at: "2026-05-06T23:59:59+00:00"
generated_at: "2026-05-14T23:04:28.641554+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Milestone Scientific reprices CEO & SVP options and proposes PRSU plan with up to 17.2M shares

## Summary
- CEO Eric Hines and SVP Jason Papes surrender options at $0.46-$0.50 for new options at $0.31 exercise price.
- New options vest 500K shares immediately (accelerated from 200K) and 750K on each of next two anniversaries.
- PRSU sub-plan subject to stockholder approval; aggregate pool of 17,234,635 shares if all five milestones met.
- PRSU grants of 5.17M shares to Hines and 3.02M each to Harcum and Papes (total 11.2M shares).
- Performance milestones: LTM net sales >$11M/$13M/$15M, market cap >$50M, qualified acquisition with >$10M revenue.

## SEC filing metadata
- accession: 0001493152-26-021506
- form_type: 8-K
- ticker: MLSS
- cik: 0000855683
- company_name: MILESTONE SCIENTIFIC INC.
- filed_at: 2026-05-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/855683/000149315226021506/0001493152-26-021506-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/855683/000149315226021506/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-021506
- JSON: https://secwatch.observer/filing/0001493152-26-021506.json
- Plain text: https://secwatch.observer/filing/0001493152-26-021506.txt

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