secwatch.observer — SEC 8-K summary
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Issuer:     SANUWAVE Health, Inc. (SNWV)
CIK:        0001417663
Form:       8-K
Filed at:   2025-10-30T23:59:59+00:00
Accession:  0001628280-25-047577
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1417663/000162828025047577/0001628280-25-047577-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1417663/000162828025047577/snwv-20251024.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-047577

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer