8-K
filed June 25, 2026, 9:00 AM ET
ticker MLSS
CIK 0000855683
leadership
confidence high
sentiment positive
materiality 0.80
Milestone Scientific appoints two independent directors and names new Executive Chairman
MILESTONE SCIENTIFIC INC.
- Benedetta Casamento transitions from Board Chair to Executive Chairman, receiving $75,000 annual salary and $100,000 restricted stock grant.
- Kelly Ulto and Greg Shilling appointed as independent directors; Ulto chairs Audit Committee, Shilling chairs Compensation Committee.
- Founder Leonard Osser enters restructured agreement reducing base compensation to $48,000/year and enters lock-up through April 20, 2027.
- Director Shanth Thiyagalingam resigns, not seeking re-election, to focus on CEO role at PainTEQ.
Featured in Daily 8-K Digest
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 1.0
Kelly Ulto was appointed as Independent Director at MILESTONE SCIENTIFIC INC..
- Action
- appointed
- Role
- Independent Director
Exact text from the filing
On June 19, 2026, the Board of Directors of the Company unanimously appointed, by the directors in attendance, Kelly Ulto and Greg Shilling as independent directors of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Greg Shilling was appointed as Independent Director at MILESTONE SCIENTIFIC INC..
- Action
- appointed
- Role
- Independent Director
Exact text from the filing
On June 19, 2026, the Board of Directors of the Company unanimously appointed, by the directors in attendance, Kelly Ulto and Greg Shilling as independent directors of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Shanth Thiyagalingam departed as Director at MILESTONE SCIENTIFIC INC..
- Action
- not to run for re-election
- Role
- Director
Exact text from the filing
Shanth Thiyagalingam, a member of the Board of Directors (the “Board”) since 2025, was nominated to continue as a director but has advised the Company that he has decided to devote his full time as chief executive officer of PainTEQ and to his family, and not to run for re-election.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Benedetta Casamento was elected as Executive Chairman at MILESTONE SCIENTIFIC INC..
- Action
- elected
- Role
- Executive Chairman
Exact text from the filing
electing Ms. Casamento as Executive Chairman.
View on SEC.gov
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