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Get filing alertsStandard BioTools adopts enhanced executive severance plans with change-of-control protections through 2028
Filed May 28, 2026 · Period ending May 21, 2026 · ~1 min read
Key Changes
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CEO Michael Egholm receives separate severance plan with 250% of salary plus bonus if terminated after a change of control, plus 30 months health coverage—more generous than other executives' 150% package.
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CFO Alex Kim and Chief Business Officer Sean Mackay entered new severance agreements providing 150% of salary plus bonus as lump sum if terminated within 12 months after a change of control, replacing prior 2024 arrangements.
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Executives terminated by August 27, 2026 receive 100% equity vesting acceleration even outside change-of-control scenarios, creating near-term retention incentive during potential strategic transition period.
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1 more material change behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Source-verified from EDGAR · Narrative written by AI · May 29, 2026 · How we verify