---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-047577"
form_type: "8-K"
ticker: "SNWV"
cik: "0001417663"
company_name: "SANUWAVE Health, Inc."
filed_at: "2025-10-30T23:59:59+00:00"
generated_at: "2026-05-17T01:17:30.862375+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Former President Andrew Walko terminated without cause; receives $76,667 severance, continued option vesting

## Summary
- Andrew Walko, former President, terminated without cause effective Oct 24, 2025.
- Severance: $76,666.67 cash (≈4 months +1 week salary) payable over 4 months; first installment Oct 31, 2025.
- Stock options continue vesting during severance period; additional 8,889 options vest, total 44,444; exercise period extended.
- Separation agreement includes release of claims, confidentiality, non-disparagement, and cooperation obligations.

## SEC filing metadata
- accession: 0001628280-25-047577
- form_type: 8-K
- ticker: SNWV
- cik: 0001417663
- company_name: SANUWAVE Health, Inc.
- filed_at: 2025-10-30T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1417663/000162828025047577/0001628280-25-047577-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1417663/000162828025047577/snwv-20251024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-047577
- JSON: https://secwatch.observer/filing/0001628280-25-047577.json
- Plain text: https://secwatch.observer/filing/0001628280-25-047577.txt

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