Altimmune Files 8-K: Board Changes and Financials
Ticker: ALT · Form: 8-K · Filed: Dec 1, 2025 · CIK: 1326190
| Field | Detail |
|---|---|
| Company | Altimmune, Inc. (ALT) |
| Form Type | 8-K |
| Filed Date | Dec 1, 2025 |
| Risk Level | low |
| Pages | 5 |
| Reading Time | 6 min |
| Key Dollar Amounts | $0.0001, $725,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, filing, financials
TL;DR
Altimmune's 8-K shows board/officer changes and financial updates.
AI Summary
Altimmune, Inc. filed an 8-K on November 30, 2025, reporting changes in its board of directors and officers, along with compensatory arrangements. The filing also includes financial statements and exhibits, and a Regulation FD disclosure. The company, formerly known as Pharmathene, Inc., is incorporated in Delaware and headquartered in Gaithersburg, MD.
Why It Matters
This filing indicates potential shifts in company leadership and governance, which could impact strategic direction and investor confidence.
Risk Assessment
Risk Level: low — This is a routine filing reporting on corporate governance and financial updates, with no immediate negative or positive financial implications disclosed.
Key Players & Entities
- Altimmune, Inc. (company) — Registrant
- Pharmathene, Inc. (company) — Former company name
- November 30, 2025 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- Gaithersburg, MD (location) — Business address
FAQ
What specific changes were made to Altimmune's board of directors or officers?
The filing indicates changes in directors or certain officers and the election of directors, but the specific details of these changes are not provided in this summary section of the 8-K.
What is the nature of the compensatory arrangements mentioned?
The filing notes 'Compensatory Arrangements of Certain Officers' as an item information, but the specific details of these arrangements are not elaborated upon in the provided text.
What is the significance of the Regulation FD Disclosure?
A Regulation FD Disclosure indicates that the company is providing material non-public information to the public, often to ensure fair disclosure.
When was Altimmune, Inc. incorporated?
Altimmune, Inc. was incorporated in Delaware.
What is the business address of Altimmune, Inc.?
The business address of Altimmune, Inc. is 910 CLOPPER ROAD, SUITE 201S, GAITHERSBURG, MD 20878.
Filing Stats: 1,517 words · 6 min read · ~5 pages · Grade level 11.1 · Accepted 2025-12-01 08:00:33
Key Financial Figures
- $0.0001 — ch registered Common stock, par value $0.0001 per share ALT The NASDAQ Global Marke
- $725,000 — e will receive an annual base salary of $725,000 and his target annual incentive compens
Filing Documents
- tm2532420d1_8k.htm (8-K) — 38KB
- tm2532420d1_ex10-1.htm (EX-10.1) — 48KB
- tm2532420d1_ex10-2.htm (EX-10.2) — 72KB
- tm2532420d1_ex99-1.htm (EX-99.1) — 17KB
- tm2532420d1_ex99-1img001.jpg (GRAPHIC) — 5KB
- 0001104659-25-117144.txt ( ) — 385KB
- alt-20251130.xsd (EX-101.SCH) — 3KB
- alt-20251130_lab.xml (EX-101.LAB) — 33KB
- alt-20251130_pre.xml (EX-101.PRE) — 22KB
- tm2532420d1_8k_htm.xml (XML) — 4KB
02
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On December 1, 2025, Altimmune, Inc. (the "Company") announced that, effective January 1, 2026 (the "Transition Date"), Vipin K. Garg, Ph.D. will transition from his role as President and Chief Executive Officer. Dr. Garg will remain with the Company as an advisor until June 30, 2026 (the "Separation Date", and the period of time between the Transition Date and the Separation Date, the "Transition Period"). On December 1, 2025, the Company announced that Jerome Durso, currently a member of the Company's Board of Directors (the "Board"), has been appointed by the Board to serve as the Company's President and Chief Executive Officer, effective as of the Transition Date. In connection with his appointment as President and Chief Executive Officer, Mr. Durso will replace Dr. Garg as the Company's principal executive officer. Mr. Durso currently serves as the Chairman of the Board and will remain in this role. On November 30, 2025, the Company and Dr. Garg entered into a Transitional Services and Release Agreement (the "Transition Agreement"). Pursuant to the Transition Agreement, Dr. Garg will step down from his role as the Company's President and Chief Executive Officer, effective as of the Transition Date. Dr. Garg will also step down as a member of the Board, effective January 31, 2026. Following the Transition Date, Dr. Garg will serve as a Advisor to the Company until the Separation Date. During the Transition Period, Dr. Garg will, among other things, assist in transitioning his duties to the new President and Chief Executive Officer and provide such other transitional services as the Company reasonably requests. Pursuant to the Transition Agreement, Dr. Garg will (i) receive severance pursuant to the terms of his employment agreement, including (A) monthly payments equal to his current base salary for 1
(a) of Regulation S-K. Mr. Durso has no family relationships with any of the Company's directors or executive
Item 404(a) of Regulation S-K. Mr. Durso has no family relationships with any of the Company's directors or executive officers.
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure A press release regarding the above is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The information in this Item 7.01, including Exhibit 99.1, is being furnished and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section and shall not be deemed incorporated by reference into any registration statement or other document filed pursuant to the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 10.1* Transition Agreement, dated as of November 30, 2025 between the Company and Vipin Garg 10.2* Employment Agreement, dated as of November 30, 2025, by and between the Company and Jerome Durso 99.1 Press Release, dated December 1, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) * Management contract or compensatory plan or arrangement.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: December 1, 2025 ALTIMMUNE, INC. By: /s/ Gregory Weaver Gregory Weaver Chief Financial Officer