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Aethlon Medical amends CEO, CFO and CMO deals to pay change-in-control severance in lump sum

PUBT·09/15/2026 12:18:20
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Aethlon Medical amends CEO, CFO and CMO deals to pay change-in-control severance in lump sum
  • Aethlon Medical amended change-in-control severance terms for CEO/CFO James B. Frakes, shifting installment payments to a single lump sum.
  • Chief Medical Officer Steven P. LaRosa received the same change, with lump-sum severance due on the first regular payroll date after release effectiveness.
  • Health care continuation payments also move to a lump sum covering the full COBRA period, with no reduction if later coverage is obtained.
  • Amendments do not change severance amounts, calculation methods, or eligibility triggers under existing employment agreements.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Aethlon Medical Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001683168-26-007126), on September 15, 2026, and is solely responsible for the information contained therein.