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Red Flags Detected

  • Departure Of Cfo (new) — Interim CFO Thomas McGauley resigned effective May 10, 2026, though he will continue consulting through month-end to support the transition.
NASDAQ: TENX TENAX THERAPEUTICS, INC. 8-K

Tenax Therapeutics appoints Thomas R. Staab as CFO with $428K salary, 450K stock options

Filed April 22, 2026 · Period ending April 22, 2026 · ~1 min read

Key Changes

  • high

    Thomas R. Staab appointed CFO effective May 11, 2026, bringing 25+ years healthcare finance experience including prior CFO roles at LENSAR, BioCryst Pharmaceuticals, and Inspire Pharmaceuticals.

  • high

    Staab's compensation package includes $428,000 base salary, 45% target bonus, 10,000 restricted stock units vesting over one year, and options for 450,000 shares vesting over four years with one-year cliff.

  • medium

    Interim CFO Thomas McGauley resigned effective May 10, 2026, one day before Staab's start date. McGauley will continue consulting through at least end of May to support transition and complete Q1 10-Q filing.

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 · Jun 5, 2026 · How we verify