Current Report · Items 1.01, 9.01 · 8-K
Apyx Medical Corporation
APYXNASDAQEQUITYCurrent
Entry into a Material Definitive Agreement
Item Entry 1.01. into a Material Definitive Agreement. On June 11, 2026, Apyx Medical Corporation (the “Company”) entered into a letter agreement (the “Letter Agreement”) with Stavros Vizirgianakis, the Chairman of the Company’s Board of Directors (the “Board”), in connection with Mr. Vizirgianakis’ appointment as Executive Chairman of the Board.…
Recent company filings
- Other EventsSep 29, 2026
- Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Submission of Matters to a Vote of Security HoldersAug 7, 2026
- 10-Q filingAug 6, 2026
- Results of Operations and Financial ConditionAug 6, 2026
- Other EventsJul 24, 2026
Disclosure sections
Item 1.01Item 1.01 - Entry into Material Agreement
Item Entry
1.01. into a Material Definitive Agreement.
On
June 11, 2026, Apyx Medical Corporation (the “Company”) entered into a letter agreement (the “Letter Agreement”)
with Stavros Vizirgianakis, the Chairman of the Company’s Board of Directors (the “Board”), in connection with Mr.
Vizirgianakis’ appointment as Executive Chairman of the Board.
Pursuant to the Letter Agreement and
his appointment as Executive Chairman, Mr. Vizirgianakis will provide strategic leadership and governance oversight, assist management
with the execution of corporate initiatives, support investor engagement, advise on capital markets and corporate development matters,
and engage in other such comparable duties. Mr. Vizirgianakis will not serve as an officer or employee of the Company and will
not be designated as an “executive officer” of the Company for purposes of Rule 3b-7 under the Securities Exchange Act of
1934, as amended.
In connection with Mr. Vizirgianakis’ appointment as Executive Chairman
and in recognition of his service to the Company, the Board approved a grant to Mr. Vizirgianakis of 450,000 restricted stock units (the
“RSUs”) under the Company’s 2023 Share Incentive Plan (the “Plan”). Each RSU represents a contingent right
to receive one share of the Company’s common stock. The RSUs will vest as follows, subject to Mr. Vizirgianakis’ continued
service with the Company through the applicable vesting dates: (i) 150,000 RSUs vest immediately on June 11, 2026 (the “Grant Date”);
(ii) 150,000 RSUs will begin vesting on the first anniversary of the Grant Date and will vest ratably over the 12-month period beginning
on such date in equal monthly installments; and (iii) 150,000 RSUs will begin vesting on the second anniversary of the Grant Date and
will vest ratably over the 12-month period beginning on such date in equal monthly installments. The RSUs will otherwise be subject to
the terms and conditions of the Plan and the Letter Agreement.
The
foregoing description of the Letter Agreement does not purport to be complete and is qualified in its entirety by reference to the full
text of the Letter Agreement, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein
by reference.