---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-042356"
form_type: "8-K"
ticker: "PRLB"
cik: "0001443669"
company_name: "Proto Labs Inc"
filed_at: "2024-10-07T23:59:59+00:00"
generated_at: "2026-05-30T19:09:43.721951+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Proto Labs finalizes separation agreement with former EMEA VP Bjoern Klaas

## Summary
- Bjoern Klaas's termination date set at November 30, 2024.
- Base salary cash severance of EUR 299,792 (one times annual base salary).
- Accelerated vesting of 3,651 stock options and 3,881 RSUs; all other equity forfeited.
- Pro rata bonus under 2024 STIP and pro rata PSU settlement to be paid by March 2025.
- Company waives post-employment non-compete and non-solicitation, pays half salary for one year.

## SEC filing metadata
- accession: 0001628280-24-042356
- form_type: 8-K
- ticker: PRLB
- cik: 0001443669
- company_name: Proto Labs Inc
- filed_at: 2024-10-07T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1443669/000162828024042356/0001628280-24-042356-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1443669/000162828024042356/prlb-20241001.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-042356
- JSON: https://secwatch.observer/filing/0001628280-24-042356.json
- Plain text: https://secwatch.observer/filing/0001628280-24-042356.txt

## Key facts
- Executive change
  Bjoern Klaas departed as Vice President and General Manager of the EMEA region at Proto Labs Inc.
  - Action: exited
  - Role: Vice President and General Manager of the EMEA region
  source text: Pursuant to the Settlement Agreement, Mr. Klaas’ termination date will be November 30, 2024 (the “Termination Date”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1443669/000162828024042356/0001628280-24-042356-index.htm

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