Cassava Sciences Inc.

12/17/2025 | Press release | Distributed by Public on 12/17/2025 15:12

Management Change/Compensation (Form 8-K)

Item 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On December 12, 2025, the Board of Directors (the "Board") of Cassava Sciences, Inc. (the "Company") approved cash bonus awards for calendar 2025 for the Company's named executive officers in recognition of their contributions to the Company as follows:
Name
Title
Bonus Amount
Richard J. Barry
President & Chief Executive Officer
$ 355,000
Eric J. Schoen
Chief Financial Officer
$ 215,000
For 2025, the Board established performance measures and goals which were designed to be challenging yet achievable with strong management performance, focused primarily on (1) exploring the use of simufilam in Tuberous Sclerosis Complex (TSC)-related epilepsy, (2) building a team with appropriate expertise in TSC-related epilepsy, and (3) budgeting and expense management.
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