|
Item 5.02
|
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
|
On February 27, 2026, Insulet Corporation (the "Company") entered into a severance agreement and release (the "Severance Agreement") with Ana M. Chadwick, the Company's former Chief Financial Officer.
The Severance Agreement does not provide for any material compensation or benefits terms that differ from, or are in addition to, those previously disclosed in the Company's Form 8-K filed on September 16, 2025 and the Company's Amended and Restated Executive Severance Plan, filed as an exhibit to the Form 8-K filed on April 28, 2025. The Severance Agreement includes standard provisions relating to the release of legal claims, mutual non-disparagement obligations, and requirements for Ms. Chadwick to comply with the terms and conditions of the Company's Executive Severance Plan as well as the terms and conditions of the Confidentiality, Non-Solicit, Non-Compete, and IP Assignment Agreement dated April 7, 2024, by and between the Company and Ms. Chadwick.
The Severance Agreement implements the severance and other post-termination benefits to which Ms. Chadwick was entitled pursuant to previously disclosed arrangements and does not modify those arrangements in any material respect.