Form 4: Tivic Health Systems Interim CFO Resigns, Ending Reporting Obligations
SEC Form 4
Kimberly Ann Bambach, Interim CFO of Tivic Health Systems, resigned effective October 1, 2024, ceasing her obligation to report transactions in the company's equity securities.
Summary
- Kimberly Ann Bambach, the Interim CFO of Tivic Health Systems, Inc. [TIVC], resigned from her position effective October 1, 2024.
- As a result of her resignation, she is no longer subject to Section 16 reporting requirements for transactions in Tivic Health Systems' equity securities.
- This Form 4 filing indicates the cessation of her obligation to report any such transactions on Form 4 or Form 5.
Sentiment
Score: 5
Explanation: The document simply reports a change in personnel and associated reporting obligations, with no inherent positive or negative implications for the company's financial health or future prospects.
Industry Context
Executive departures and changes in reporting obligations are common occurrences in publicly traded companies. This event is specific to Tivic Health Systems and does not necessarily reflect broader industry trends.
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
| Interim CFO | Kimberly Ann Bambach | TBD | 10/01/2024 | Resignation |
Stakeholder Impact
- Shareholders may be interested in the appointment of a new CFO.
- Employees may experience changes in leadership and reporting structures.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Effective date of Kimberly Ann Bambach's resignation as Interim CFO. |
| 10/03/2024 | Date of signature of the Form 4 filing. |
Keywords
Form 4, Resignation, Interim CFO, Tivic Health Systems, TIVC, Section 16, Reporting Obligations, Equity Securities
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