[8-K] ROCKWELL MEDICAL, INC. Reports Material Event
Rockwell Medical, Inc. reported a change in its Board of Directors. On November 17, 2025, Andrea Heslin Smiley resigned from the Board and its committees, and the company stated that her resignation was not due to any disagreement over operations, policies, or practices.
The Board appointed Joseph H. Dawson, aged 60, as a Class II director effective the same day, to serve until the 2026 Annual Meeting of Stockholders. He will also serve on the Nominating and Corporate Governance Committee.
Under the non-employee director compensation policy, Mr. Dawson will receive an annual cash retainer of $45,000 as a director and $5,000 for serving on the committee, pro-rated through the 2026 Annual Meeting. He was granted an option to purchase 25,000 shares of common stock and 25,000 restricted stock units under the Amended and Restated 2018 Long Term Incentive Plan, with both equity awards vesting on November 17, 2026, subject to continued service.
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FAQ
What did Rockwell Medical (RMTI) announce regarding its Board of Directors?
Rockwell Medical announced that Andrea Heslin Smiley resigned from the Board of Directors and all Board committees effective November 17, 2025. The company stated that her resignation was not the result of any disagreement related to its operations, policies, or practices.
Who is the new director appointed to Rockwell Medical (RMTI)'s Board?
The company appointed Joseph H. Dawson as a Class II director effective November 17, 2025. He will serve until Rockwell Medical’s 2026 Annual Meeting of Stockholders and until his successor is duly elected and qualified, and he will also serve on the Nominating and Corporate Governance Committee.
What is Joseph H. Dawson’s background before joining Rockwell Medical (RMTI)'s Board?
Joseph H. Dawson, aged 60, currently serves as an independent consultant. From May 2013 to June 2025, he was President, North America of Nipro Medical Corporation, and previously served as Senior Director of Corporate Account Sales for Cordis Corporation. He holds a Bachelor of Science in Neurobiology from St. John’s University.
How will Rockwell Medical (RMTI) compensate Joseph H. Dawson as a director?
Under the non-employee director compensation policy, Mr. Dawson will receive an annual cash retainer of $45,000 for Board service and $5,000 for serving on the Nominating and Corporate Governance Committee, pro-rated through the 2026 Annual Meeting of Stockholders.
What equity awards did Joseph H. Dawson receive from Rockwell Medical (RMTI)?
Mr. Dawson was granted an option to purchase 25,000 shares of Rockwell Medical’s common stock at an exercise price equal to the closing price on November 17, 2025, and 25,000 restricted stock units. These awards were granted under the Amended and Restated 2018 Long Term Incentive Plan and are scheduled to vest on November 17, 2026, subject to his continued service.
Are there any related-party or special arrangements tied to Joseph H. Dawson’s appointment at Rockwell Medical (RMTI)?
The company stated that there are no arrangements or understandings with other persons under which Mr. Dawson was elected, no family relationships between him and any director or executive officer, and no direct or indirect material interest in any transaction requiring disclosure under Item 404(a) of Regulation S-K.