{"url_path":"/sec/cvrx/8-k/2026-06-09/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Certain","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-09","source_url":"https://www.sec.gov/Archives/edgar/data/1235912/0001104659-26-071595-index.html","accession_number":"0001104659-26-071595","cik":"0001235912","ticker":"CVRX","issuer_name":"CVRx, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1235912/0001104659-26-071595-index.html","primary_entity_key":"0001235912","primary_entity_name":"CVRx, Inc."},"word_count":296,"has_tables":true,"body_markdown":"**Item 5.02. Departure of Directors or Certain\nOfficers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**\n\n \n\nOn June 7, 2026, Jared Oasheim, the Chief Financial Officer (“CFO”)\nof CVRx, Inc. (the “Company”), gave notice of his intention to resign from the Company to pursue other professional opportunities.\nMr. Oasheim will remain CFO and continue serving as the principal accounting officer until his successor commences in the role and he\nwill remain employed full-time with his current base salary until the later of August 31, 2026 or 30 days after the CFO transition. Subsequently,\nhe will be available as a consultant through February 2027, compensated at an hourly rate of $245 per hour. On June 8, 2026, the Company\nand Mr. Oasheim entered into an Employment Transition Agreement reflecting the foregoing and, pursuant to which the Company agreed, contingent\nupon customary conditions and covenants: (i) that Mr. Oasheim would remain eligible for his full 2026 cash incentive payout based on the\nCompany’s actual results even if his employment terminates prior to the date of payment, (ii) to pay Mr. Oasheim a cash payment\nof $262,000 for his commitment to assisting through the transition and consulting periods, payable in one-half increments on November\n30, 2026 and February 28, 2027, (iii) to extend the post-termination exercise period of stock options issued to Mr. Oasheim prior July\n2021 to three months following the end of the consulting period, and (iv) to reimburse his legal expenses for review of the transition\nagreement up to $10,000.\n\n \n\nThe Company is initiating a search to identify a successor CFO.\n\n \n\nA press release announcing the foregoing is attached as Exhibit 99.1\nto this Form 8-K, and the Employment Transition Agreement between the Company and Mr. Oasheim is attached as Exhibit 10.1."}