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Leadership changes · OPRX · SEC Form 8-K, Item 5.02

Leadership changes at OptimizeRx Corp (2026)

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Who joined and who left OptimizeRx Corp (OPRX)? 1 appointment and 1 departure reported from 2026-04-09 to 2026-08-12, each cited to the company's own filing.

Heather Favazza was named Chief Accounting Officer of OptimizeRx Corp, effective January 1, 2027. As of November 6, 2026, OptimizeRx Corp has reported 3 leadership change filings to the SEC under Item 5.02 of Form 8-K, from April 9, 2026 to August 12, 2026, naming 1 appointment and 1 departure (Form 8-K, August 12, 2026).

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KENNEDY CAPITAL MANAGEMENT LLC also filed stake reports on 3 other companies ↓

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Key facts

  • · In / out: Out · Person: Edward Stelmakh · Effective: 2026-12-31 · 8-K, 2026-08-12
  • · In / out: Reported · Person: not named in the filing · 8-K, 2026-06-05
  • · In / out: Reported · Person: not named in the filing · 8-K, 2026-04-09
Changes4
In (appointed)1
Out (departing)1
Latest filing2026-08-12

OptimizeRx Corp reported changes in 3 filings among its directors and officers to the SEC on Form 8-K, Item 5.02, from 2026-04-09 to 2026-08-12. They name 2 people, with 1 appointment and 1 departure. Every row below is cited to the filing it comes from, and this page adds each new change as OptimizeRx Corp files it.

Also on the record for OptimizeRx Corp

DateRecordFigureOur pageSource
October 21, 2026Stake report, Schedule 13G/A, by ROYCE & ASSOCIATES LP6.98% of the class5%+ stakesSource
August 14, 2026Stake report, Schedule 13G, by KENNEDY CAPITAL MANAGEMENT LLC6.7% of the class5%+ stakesSource
July 29, 2026Stake report, Schedule 13G/A, by BlackRock, Inc.1.8% of the class5%+ stakesSource
July 22, 2026Stake report, Schedule 13G, by ROYCE & ASSOCIATES LP5.81% of the class5%+ stakesSource
March 27, 2026Stake report, Schedule 13G/A, by The Vanguard Group—5%+ stakesSource
October 31, 2025Stake report, Schedule 13G, by The Vanguard Group5.7% of the class5%+ stakesSource
July 16, 2025Stake report, Schedule 13G/A, by ROYCE & ASSOCIATES LP4.27% of the class5%+ stakesSource

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Timeline

FiledIn / outPersonRoleEffectiveSource
2026-08-12Out2026-12-318-K, 2026-08-12
2026-08-12InChief Accounting Officer2027-01-018-K, 2026-08-12
2026-06-05Reportednot named in the filing8-K, 2026-06-05
2026-04-09Reportednot named in the filing8-K, 2026-04-09

Who leads OptimizeRx Corp, as last reported?

For each role that changed in the filings below, the most recent change reported. A role that did not change in these filings is not listed.

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Every change, in the filing's words

Filed 2026-08-12 · 8-K

Departing: Edward Stelmakh, effective 2026-12-31

Pursuant to the plan, Edward Stelmakh will step down as Chief Financial & Strategy Officer effective December 31, 2026.

Appointed: Heather Favazza, Chief Accounting Officer, effective 2027-01-01

Mr. Andrew D'Silva will become Chief Financial Officer and Ms. Heather Favazza will become Chief Accounting Officer, each effective January 1, 2027.

Also stated in this filing

  • Finance Leadership Succession Plan On August 7, 2026, the Board of Directors (the "Board") of OptimizeRx Corporation (the "Company") approved a finance leadership succession plan.
  • Entry into Separation Agreement with Mr. Stelmakh In connection with Mr. Stelmakh's separation from employment with the Company, Mr. Stelmakh and the Company entered into a Separation Agreement and Release of Claims, which includes Advisory Terms & Conditions (the "Stelmakh Separation and Advisory Agreement").
  • Under the terms of the Stelmakh Separation and Advisory Agreement, Mr. Stelmakh will receive: (1) continuation of his $450,000 per annum base salary for a period of 12 months; (2) a one-time lump sum payment of his annual cash bonus target of $247,500; and (3) reimbursement of COBRA premium payments for continued health, dental and vision benefit coverage for 12 months, unless earlier terminated pursuant to the terms of COBRA.
  • Pursuant to the Stelmakh Separation and Advisory Agreement, Mr. Stelmakh will provide advisory services to the Company for a period of 12 months, through December 31, 2027 (the "Stelmakh Advisory Term").
  • In exchange for such services, any equity previously granted to Mr. Stelmakh will continue to vest in the ordinary course during the Stelmakh Advisory Term.
  • The Stelmakh Separation and Advisory Agreement also contains a release of claims provision.
Filed 2026-06-05 · 8-K

Reported

Accordingly, effective as of the Separation Date, Ms. Greco will no longer serve as the Company's Chief Commercial Officer.

Also stated in this filing

  • As previously disclosed in the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, OptimizeRx Corporation (the "Company") and Theresa Greco agreed on May 11, 2026 to a separation, effective as of June 15, 2026 (the "Separation Date").
  • In connection with Ms. Greco's separation from employment with the Company, on June 1, 2026, Ms. Greco and the Company entered into a Separation Agreement and Release of Claims, which includes Advisory Terms and Conditions (the "Separation and Advisory Agreement").
  • The Separation and Advisory Agreement will become effective and enforceable on June 9, 2026, provided such agreement is not revoked prior thereto.
  • Pursuant to the Separation and Advisory Agreement, Ms. Greco will provide advisory services to the Company for a period of twelve (12) months, through June 15, 2027 (the "Advisory Term"), during which time any equity previously granted to Ms. Greco will continue to vest in the ordinary course.
  • As Advisor, Ms. Greco's responsibilities to the Company will be to render advice as the Company and the Chief Executive Officer will determine from time to time.
  • In addition, in the event of a change in control during the Advisory Term, Ms. Greco will receive a special bonus pursuant to the terms the Special Bonus Agreement by and between the Company and Ms. Greco, dated September 8, 2025.
Filed 2026-04-09 · 8-K

Reported

The appointment of Ms. Varghese Presti as an independent director is in furtherance of the Company's ongoing process to refresh and expand its Board.

Also stated in this filing

  • Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.
  • On April 3, 2026, the Board of Directors (the "Board") of OptimizeRx Corporation (the "Company"), upon the recommendation of the Board's Nominating & Governance Committee, appointed Mary Varghese Presti to serve as a director of the Company until the date of the Company's 2026 annual meeting of stockholders and until her successor is elected and qualified, except in the event of her earlier death, resignation or removal.
  • In connection with Ms. Varghese Presti's appointment to the Board, the Board expanded the size of the Board to seven members from its current six members.
  • The Board also appointed Ms. Varghese Presti to serve as a member of the Audit Committee.
  • As a non-employee director, Ms. Varghese Presti will participate in the Company's previously disclosed non-employee director compensation program, which includes, among other things, an annual cash retainer of $45,000, an annual equity grant with a grant date value of approximately $175,000, and an additional annual cash retainer of $10,000 for serving as a member of the Audit Committee.

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Where this comes from

A public company must file a current report on Form 8-K with the SEC within four business days when a director leaves or is elected, or when its chief executive, chief financial, chief accounting or chief operating officer, or another named executive, departs or is appointed. That disclosure goes under Item 5.02 of the report.

Every change on this page is taken from one of those filings and quoted in the company's own words, with a link to the filing, so it can be checked at the source. Where a filing names the person, the role and the date a change takes effect, they are shown beside the quote. Where it does not, the quote stands on its own. A filing states what changed; it rarely states why, and neither does this page.

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Cite this page

Permanent URL: https://mentionfox.com/executive-changes/optimizerx
Last updated 2026-11-06
Primary record: SEC filing 1 · SEC filing 2 · SEC filing 3 · SEC filing 4
Who joined and who left OptimizeRx Corp? (2026). MentionFox, 2026-11-06. https://mentionfox.com/executive-changes/optimizerx