leadership
confidence high
sentiment neutral
materiality 0.50
Sanuwave Health enters separation agreement with former CCO Nanci Gilmore
SANUWAVE Health, Inc.
- Nanci Gilmore, former Chief Commercial Officer, was terminated without cause effective May 30, 2025.
- Separation agreement provides lump sum cash of $97,916.70 (5 months salary) and pro-rated bonus of $14,790.81.
- Stock options continue vesting through Jan 31, 2026: 31,111 options vest in three tranches (6,222; 6,223; 6,222).
- Vested options remain exercisable at $14.20 per share until their original expiration dates.
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