StockWatch
·
Medical/Dental Instruments
Management ChangeJun 23, 2026, 04:18 PM

SeaStar Medical Updates Mr. Green Separation Payment

AI Summary

SeaStar Medical Holding Corporation announced that it entered into a separation and release agreement with Mr. Green on June 10, 2026. This agreement resolves all claims related to his previously disclosed not-for-cause termination. Under the terms of the mutual resolution, SeaStar Medical has agreed to pay Mr. Green an amount greater than what was initially disclosed in the August 19, 2025 8-K filing.

Key Highlights

  • SeaStar Medical and Mr. Green entered a separation and release agreement on June 10, 2026.
  • The agreement resolves claims from a disputed not-for-cause termination.
  • SeaStar Medical will pay Mr. Green more than previously disclosed.
  • The original termination was referenced in an 8-K filed on August 19, 2025.