CVRx, Inc.

8-K · tm2617208d1_8k.htm iXBRL

0001235912

 2026-06-07
 2026-06-07

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 UNITED STATES  

 SECURITIES AND EXCHANGE COMMISSION  

 Washington, D.C. 20549

  

  

  

 FORM 8-K

  

  

  

 CURRENT REPORT  

 Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934

  

 Date of report (Date of earliest event
reported): June 7, 2026

  

  

  

 CVRx,
Inc.  

 (Exact name of registrant as specified in its
charter)

  

  

  

 Delaware
  
 001-40545
  
 41-1983744

 (State
 or other jurisdiction of

 incorporation)
  
 (Commission

 File Number)
  
 (I.R.S.
 Employer

 Identification No.)

  

 9201
West Broadway Avenue , Suite 650 

 Minneapolis ,
 MN 55445  

 (Address of principal executive offices) (Zip
Code)

  

 ( 763 )
 416-2840  

 (Registrant’s telephone number, including
area code)

  

 N/A  

 (Former name or former address, if changed since
last report)

  

  

  

 Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see
General Instruction A.2. below):

  

 ¨
 Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) 

 ¨
 Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) 

 ¨
 Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) 

 ¨
 Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

  

 Securities registered pursuant to Section 12(b) of the Act:

  

 Title of each class
  
 Trading Symbol(s)
  
 Name of each exchange

 on which registered

 Common stock,
par value $0.01 per share
  
 CVRX
  
 The Nasdaq Global Select Market

  

 Indicate by check mark whether the registrant is
an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2
of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

  

 Emerging
growth company x

  

 If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

  

  

  

  

  

  

 Item 5.02. Departure of Directors or Certain
Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

  

 On June 7, 2026, Jared Oasheim, the Chief Financial Officer (“CFO”)
of CVRx, Inc. (the “Company”), gave notice of his intention to resign from the Company to pursue other professional opportunities.
Mr. Oasheim will remain CFO and continue serving as the principal accounting officer until his successor commences in the role and he
will remain employed full-time with his current base salary until the later of August 31, 2026 or 30 days after the CFO transition. Subsequently,
he will be available as a consultant through February 2027, compensated at an hourly rate of $245 per hour. On June 8, 2026, the Company
and Mr. Oasheim entered into an Employment Transition Agreement reflecting the foregoing and, pursuant to which the Company agreed, contingent
upon customary conditions and covenants: (i) that Mr. Oasheim would remain eligible for his full 2026 cash incentive payout based on the
Company’s actual results even if his employment terminates prior to the date of payment, (ii) to pay Mr. Oasheim a cash payment
of $262,000 for his commitment to assisting through the transition and consulting periods, payable in one-half increments on November
30, 2026 and February 28, 2027, (iii) to extend the post-termination exercise period of stock options issued to Mr. Oasheim prior July
2021 to three months following the end of the consulting period, and (iv) to reimburse his legal expenses for review of the transition
agreement up to $10,000.

  

 The Company is initiating a search to identify a successor CFO.

  

 A press release announcing the foregoing is attached as Exhibit 99.1
to this Form 8-K, and the Employment Transition Agreement between the Company and Mr. Oasheim is attached as Exhibit 10.1.

  

 Item 9.01. Financial Statements
and Exhibits.

  

 (d) Exhibits

  

 Exhibit

 No.
  
 Description

 10.1
  
 Employment Transition Agreement between the Company and Jared Oasheim dated June
 8, 2026

 99.1
  
 Press release of CVRx, Inc., dated June 9, 2026

 104
  
 Cover Page Interactive Data File (embedded
 within the Inline XBRL document)

  

  

  

  

 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.

  

  
 CVRx, Inc.

  
  

 Date:
 June 9, 2026
 By:
 /s/
Jared Oasheim

  
  
 Name: Jared Oasheim

  
  
 Its: Chief Financial Officer