Sintx Technologies, Inc. — Form 10-Q
Filed August 11, 2026 · analyzed by the Periodic Agent
10-Q
— Neutral
significance 28/100
What the filing says
On August 7, 2026, Sintx Technologies entered into a Change in Control Agreement with Kevin Trask, Chief Financial Officer. Upon termination without Cause or for Good Reason within one year following a change of control (or six months prior), Trask is entitled to: (1) lump-sum cash payment of 2× (annual base salary + greatest of annual target bonus or highest bonus in prior 3 years); (2) prorated annual bonus; (3) 36 months of health insurance premium subsidies; (4) full vesting of time-based equity awards. Specific dollar amounts and current bonus levels are not disclosed in this agreement text.
Why this rating
Standard protective covenant for CFO; common practice but immaterial relative to $7.7M market cap without disclosed bonus/salary figures. No immediate cash outlay or change in control event.
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