secwatch.observer — SEC 8-K summary
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Issuer:     MILESTONE SCIENTIFIC INC. (MLSS)
CIK:        0000855683
Form:       8-K
Filed at:   2026-06-25T13:00:15+00:00
Accession:  0001493152-26-030044
Event type: leadership
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Milestone Scientific appoints two independent directors and names new Executive Chairman
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/855683/000149315226030044/0001493152-26-030044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/855683/000149315226030044/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-030044

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