---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-037048"
form_type: "8-K"
ticker: "SNWV"
cik: "0001417663"
company_name: "SANUWAVE Health, Inc."
filed_at: "2025-07-31T23:59:59+00:00"
generated_at: "2026-05-17T22:15:37.919300+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Sanuwave Health enters separation agreement with former CCO Nanci Gilmore

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-25-037048
- form_type: 8-K
- ticker: SNWV
- cik: 0001417663
- company_name: SANUWAVE Health, Inc.
- filed_at: 2025-07-31T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1417663/000162828025037048/0001628280-25-037048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1417663/000162828025037048/snwv-20250728.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-037048
- JSON: https://secwatch.observer/filing/0001628280-25-037048.json
- Plain text: https://secwatch.observer/filing/0001628280-25-037048.txt

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