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Accendra Health sets October 5 start for new CEO

Pesicka's CEO tenure continues until the October 5, 2026 handoff, after which he is to leave the board and advise Accendra Health for up to 30 months.

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Form Type
8-K/A

Rhea-AI Filing Summary

Accendra Health, Inc. said Kenneth Gardner-Smith and the company mutually agreed that he will begin as President and Chief Executive Officer on October 5, 2026. Edward A. Pesicka will remain in the role until Gardner-Smith assumes it, then retire from the Board of Directors. Under a consulting agreement dated September 28, 2026, Pesicka will advise the company for up to 30 months; his previously awarded outstanding equity awards will continue to vest under their existing terms during the arrangement, and he will receive a COBRA benefit.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Effective start date October 5, 2026 Kenneth Gardner-Smith's start as President and Chief Executive Officer
Consulting period Up to 30 months Edward A. Pesicka's advisory role
Consulting agreement date September 28, 2026 Agreement between Accendra Health and Edward A. Pesicka
COBRA benefit regulatory
"Mr. Pesicka will receive a COBRA benefit"
outstanding equity awards financial
"previously awarded outstanding equity awards"
vest financial
"shall continue to vest in accordance with their existing terms"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When does Kenneth Gardner-Smith become Accendra Health (ACH)'s CEO?

Kenneth Gardner-Smith is scheduled to become Accendra Health's President and Chief Executive Officer on October 5, 2026, the mutually agreed effective start date. Edward A. Pesicka will remain CEO until Gardner-Smith assumes the role and then retire from the Board of Directors.

How long will Edward A. Pesicka advise Accendra Health (ACH)?

Pesicka will serve as an advisor for up to 30 months under the consulting agreement he entered into with the company on September 28, 2026. His previously awarded outstanding equity awards will continue to vest under their existing terms during the arrangement, and he will receive a COBRA benefit.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
0000075252false00000752522026-09-162026-09-16

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K/A

CURRENT REPORT

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

Date of Report (Date of earliest event reported): September 16, 2026

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Accendra Health, Inc.

(Exact name of registrant as specified in its charter)

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Virginia

001-09810

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54-1701843

(State or other jurisdiction of

(Commission

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(I.R.S. Employer

incorporation or organization)

File Number)

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Identification No.)

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4435 Waterfront Drive, Suite 300

Glen Allen, Virginia

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23060

(Address of principal executive

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offices)

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(Zip Code)

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Registrant’s telephone number, including area code (804) 277-4304

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

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Title of each class

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Trading Symbol(s)

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Name of each exchange on which registered

Common Stock, $2 par value per share

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ACH

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New York Stock Exchange

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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):

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

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

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

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

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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         ☐

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.          ◻

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Explanatory Note

On September 17, 2026, Accendra Health, Inc. (the “Company” or “Accendra Health”) filed a Current Report on Form 8-K under Item 5.02 to report that, on that date, Accendra Health announced that it named Kenneth Gardner-Smith as the Company’s next President and Chief Executive Officer. Accendra Health is filing this Form 8-K/A as an amendment (Amendment No. 1) to the aforementioned Form 8-K to supplement the information disclosed in Item 5.02 of the original filing. Other disclosures in the original filing are unchanged.

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

On September 22, 2026, Accendra Health and Mr. Gardner-Smith, the Company’s next President and Chief Executive Officer, mutually agreed to an effective start date of October 5, 2026. Edward A. Pesicka, who previously announced his intent to retire in August, will remain in the role of President and Chief Executive Officer until Mr. Gardner-Smith assumes the role on October 5, 2026, at which point Mr. Pesicka will also retire from the Board of Directors, as previously announced.

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On September 28, 2026, Mr. Pesicka and the Company entered into a consulting agreement, under which Mr. Pesicka will serve as an advisor to the Company for up to thirty months to ensure a smooth transition. Under the consulting agreement, Mr. Pesicka’s previously awarded outstanding equity awards shall remain outstanding and shall continue to vest in accordance with their existing terms during the term of the consulting arrangement. Additionally, Mr. Pesicka will receive a COBRA benefit, as described in the consulting agreement.

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Item 9.01Financial Statements and Exhibits.

(d)Exhibits.

10.1

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Consulting Agreement, dated September 28, 2026, between the Company and Edward Pesicka

104

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Cover Page Interactive Data File (the cover page XBRL tags are embedded in the Inline XBRL document)

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SIGNATURE

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 thereunto duly authorized.

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ACCENDRA HEALTH, INC.

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Date: September 28, 2026

By:

/s/ Heath H. Galloway

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Name:

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Heath H. Galloway

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Title:

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Executive Vice President, General Counsel and Corporate Secretary

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Filing Exhibits & Attachments

5 documents

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