secwatch.observer — SEC 8-K summary
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Issuer:     Axonics, Inc. (—)
CIK:        0001603756
Form:       8-K
Filed at:   2023-10-04T23:59:59+00:00
Accession:  0001603756-23-000066
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Axonics CFO Dan Dearen retires; appoints Kari Keese as CFO with new employment agreement
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- Dan L. Dearen retired as President and CFO effective Oct 2, 2023; Kari Keese appointed CFO and Principal Financial Officer.
- Keese receives $425,000 base salary, 35% target bonus for 2023 (50% thereafter), and 25,000 RSU grant.
- CEO Raymond W. Cohen entered new employment agreement through Oct 2, 2025, with $800,000 base salary and up to 100% bonus.
- Cohen's severance includes 18 months salary + bonus if terminated without cause, or 30 months salary + bonus on change-in-control termination.
- Keese's agreement runs through Oct 2, 2028; severance includes 12 months salary, bonus, and COBRA coverage.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1603756/000160375623000066/0001603756-23-000066-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1603756/000160375623000066/axnx-20231002.htm
  HTML page:      https://secwatch.observer/filing/0001603756-23-000066

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