{"url_path":"/sec/tngx/8-k/2026-06-23/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-23","source_url":"https://www.sec.gov/Archives/edgar/data/1819133/0001193125-26-279788-index.html","accession_number":"0001193125-26-279788","cik":"0001819133","ticker":"TNGX","issuer_name":"Tango Therapeutics, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1819133/0001193125-26-279788-index.html","primary_entity_key":"0001819133","primary_entity_name":"Tango Therapeutics, Inc."},"word_count":527,"has_tables":true,"body_markdown":"Item 5.02\n\nDeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.\n\nOn June 19, 2026, the Board of Directors (the “Board”) of Tango Therapeutics, Inc. (the “Company”) increased the number of directors of the Company to seven (7).\n\nEffective June 19, 2026, the Board appointed Robert Azelby as a director of the Company to fill the newly created vacancy on the Board resulting from the increase to the board size. Mr. Azelby will serve as a Class II director until his term expires at the 2029 annual meeting of stockholders at which time he will stand for election by the Company’s stockholders. The Board determined that Mr. Azelby is independent under the listing standards of The Nasdaq Stock Market. The Board also approved the appointment of Mr. Azelby as a member of the Compensation Committee of the Board (the “Compensation Committee”) and as a member of the Nominating and Corporate Governance Committee of the Board (the “NCG Committee”), effective as of June 23, 2026.\n\nIn accordance with the Company’s compensation program for non-employee directors, Mr. Azelby will receive an equity award consisting of a stock option to purchase 35,910 shares of the Company’s common stock, par value $0.001 per share (“Common Stock”) at an exercise price of $27.97 per share and a restricted stock unit (“RSU”) award to acquire 5,740 shares of Common Stock. The: (i) option award will vest in thirty-six substantially equal monthly installments over three years from the date of grant, provided, however, that all vesting will cease if Mr. Azelby ceases to serve on the Board and (ii) the RSU award will vest in three equal annual installments over three years from the date of grant; provided, however, that all vesting will cease if Mr. Azelby ceases to serve on the Board prior to any applicable vesting of the RSU Award. In accordance with the Company’s compensation program for non-employee directors, Mr. Azelby will also receive an annual retainer of $45,000 for Board service, $7,500 for Compensation Committee service and $5,000 for NCG Committee service, each to be paid quarterly in arrears, pro-rated based on the number of actual days served by the director during such calendar quarter. The Company has entered into an indemnification agreement with Mr. Azelby in the same form as the indemnification agreements the Company has entered into with its other directors, which form has been filed with the Securities and Exchange Commission (the “SEC”).\n\nExcept as set forth above, there are no arrangements or understandings between Mr. Azelby and any other person pursuant to which Mr. Azelby was selected as a director of the Company, there are no family relationships between Mr. Azelby and any of the Company’s other directors or executive officers, and Mr. Azelby is not a party to any transaction that would require disclosure under Item 404(a) of Regulation S-K promulgated by the SEC.\n\nThe Company issued a press release on June 22, 2026 announcing the appointment of Mr. Azelby to the Board. A copy of this press release is furnished as Exhibit 99.1 to this report on Form 8-K and is incorporated herein by reference."}