Form 8-K
8-K — Actinium Pharmaceuticals, Inc.
Accession: 0001213900-26-109884
Filed: 2026-10-15
Period: 2026-10-14
CIK: 0001388320
SIC: 2834 (PHARMACEUTICAL PREPARATIONS)
Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
Item: Regulation FD Disclosure
Item: Financial Statements and Exhibits
Documents
8-K — ea0308542-8k_actinium.htm (Primary)
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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):
October 14, 2026
ACTINIUM PHARMACEUTICALS, INC.
(Exact name of registrant as specified in its
charter)
Delaware
001-36374
74-2659386
(State or other jurisdiction
of incorporation)
(Commission File Number)
(I.R.S. Employer
Identification No.)
100 Park Ave., 23rd Floor,
New York, New York 10017
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including
area code: (646) 677-3870
Not Applicable
(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:
☐
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 $0.001 per share
ATNM
NYSE American LLC
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. ☐
Item 5.02. Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.
Appointment of Chief Financial Officer
On October 14, 2026, Matt David, M.D., age
49, commenced service as Chief Financial Officer and principal financial officer of Actinium Pharmaceuticals, Inc. (the
“Company”). The Company entered into an offer letter with Dr. David on September 30, 2026 (the “Offer
Letter”). Dr. David brings more than 20 years of life sciences, corporate finance, capital markets and investor relations
experience. He served as Chief Financial Officer of CorMedix Inc. from May 2020 to September 2025 and subsequently as its Chief
Business Officer through October 2026. He was Interim Chief Executive Officer from October 2021 to May 2022. At CorMedix, he
oversaw finance, capital markets, investor relations and IT, and supported the acquisition of Melinta Therapeutics in 2025 to diversify the company’s commercial portfolio. Previously, he
held leadership and advisory roles at Ovid Therapeutics and in healthcare investment banking including positions at BofA Merrill
Lynch, Piper Jaffray and Thomas Weisel Partners. He holds an M.D. from New York University School of Medicine and a B.A. from
Dartmouth College.
There are no arrangements or understandings between
Dr. David and any other person pursuant to which he was selected as an officer of the Company. There are no family relationships between
Dr. David and any director or executive officer of the Company, and Dr. David has no direct or indirect material interest in any transaction
required to be disclosed pursuant to Item 404(a) of Regulation S-K.
Under the Offer Letter, Dr. David will receive
an annual base salary of $450,000, a target annual performance bonus of 40% of base salary and a $150,000 sign-on bonus. He will also
receive a guaranteed prorated target bonus for 2026, subject to continued employment through the applicable payment date. In connection
with his appointment, Dr. David was granted an option to purchase 250,000 shares of the Company’s common stock and 325,000 restricted
stock units under the Company’s 2026 Employment Inducement Award Plan. The option has an exercise price equal to the closing market
price on the grant date and vests over four years. The RSUs include time-based vesting and performance-based vesting tied to corporate
milestones. The awards are subject to time-based and performance-based vesting conditions and were granted in accordance with Section
711(a) of the NYSE American Company Guide. The Offer Letter also provides for customary severance benefits upon certain qualifying terminations of employment, including salary continuation,
continued health benefits, bonus payments and equity vesting acceleration. Enhanced severance benefits apply in connection with certain
terminations following a change in control, subject to the terms and conditions of the Offer Letter. The Inducement Plan was adopted by
the Board on September 2, 2026, without stockholder approval, pursuant to Section 711(a) of the NYSE American Company Guide. The full
text of the Inducement Plan is incorporated by reference as Exhibit 10.1 to this Current Report on Form 8-K.
Item 7.01. Regulation FD Disclosure.
On October 15, 2026, the Company issued a press
release announcing the appointment of Dr. David. A copy of the press release is furnished as Exhibit
99.1 to this Current Report on Form 8-K.
The information furnished pursuant to this Item
7.01, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934,
as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated
by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific
reference in such filing.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No.
Description
10.1
Actinium Pharmaceuticals, Inc. 2026 Employment Inducement Award Plan (incorporated by reference to Exhibit 99.6 to the Company’s Registration Statement on Form S-8 (File No. 333-299401), filed with the SEC on October 9, 2026).
99.1
Press Release dated October 15, 2026
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)
1
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.
ACTINIUM PHARMACEUTICALS, INC.
Date: October 15, 2026
By:
/s/ Sandesh Seth
Name:
Sandesh Seth
Title:
Chairman and Chief Executive Officer
2
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Exhibit 99.1
Actinium Pharmaceuticals Strengthens Leadership
Team with Appointment of Matt David, M.D. as Chief Financial Officer
NEW YORK, October 15, 2026 /PRNewswire/ --
Actinium Pharmaceuticals, Inc. (NYSE American: ATNM) (“Actinium” or the “Company”), a pioneer in the development
of targeted radiotherapies, today announced the appointment of Matt David, M.D., as Chief Financial Officer. Dr. David will lead the Company’s
finance, accounting, capital markets and investor relations functions and will also serve as the Company’s principal financial officer.
Dr. David brings more than two decades of experience
across biopharmaceutical operating leadership, healthcare investment banking and equity research. He joins Actinium from CorMedix Inc.
(Nasdaq: CRMD), where he most recently served as Executive Vice President and Chief Business Officer. He joined CorMedix in 2020 as Executive
Vice President and Chief Financial Officer. During his tenure, CorMedix received U.S. Food and Drug Administration approval of DefenCath®
in 2023, launched the product commercially in 2024, and in 2025 acquired a commercial anti-infectives company, becoming a diversified,
commercial-stage specialty pharmaceutical company.
Sandesh Seth, Actinium’s Chairman and CEO,
said, “Matt is an exceptional addition to our leadership team. He has been a public company CFO, an interim CEO and a CBO, and he
has helped guide a company from late-stage development through FDA approval, commercial launch and a transformational acquisition. Combined
with his medical background and his years advising and financing biopharmaceutical companies on Wall Street, Matt brings a rare blend
of scientific fluency, capital markets expertise and strategic judgment. As we advance ATNM-400, Actimab-A, Iomab-ACT and build on our
leadership in radiotherapies, his experience will be invaluable in strengthening our financial operations, engaging with the financial
community and helping to guide the company strategically.”
Dr. David said, “Actinium has built a differentiated
targeted radiotherapy platform at a time when radiopharmaceuticals have become one of the most dynamic areas in oncology drug development.
With a first-in-human study of ATNM-400 underway, a clinically validated Actimab-A program and deep expertise in actinium-225, I believe
the Company has multiple significant value drivers ahead. I am excited to join the leadership team and look forward to helping position
Actinium to execute on its strategy and deliver value for patients and shareholders.”
Prior to his roles at CorMedix, Dr. David served
as Head of Strategy at Ovid Therapeutics Inc. (Nasdaq: OVID). Before moving into industry, he spent more than a decade in healthcare investment
banking, including at BofA Merrill Lynch, Thomas Weisel Partners and Piper Jaffray, where he advised biopharmaceutical companies on financings
and strategic transactions, and at Lehman Brothers as an equity research associate covering the pharmaceutical sector. Dr. David received
his M.D. from NYU School of Medicine and was a surgery resident at Beth Israel Hospital. He received his undergraduate degree in Chemistry
from Dartmouth College.
About Actinium Pharmaceuticals, Inc.
Actinium is a pioneer in targeted radiotherapies
designed to improve outcomes for patients with cancer. The company employs a biology-driven approach to develop differentiated radiopharmaceuticals
for solid tumors and hematologic malignancies. Its mission is to transform cancer treatment through innovative radioconjugates that maximize
therapeutic efficacy while minimizing toxicity to healthy tissue by combining expertise in tumor biology, translational medicine, and
radiochemistry. Since inception, Actinium has focused on developing innovative radiotherapies. Its pipeline reflects this strategy across
three areas: (1) solid tumor therapeutics including ATNM-400 and Actimab-A with pan-tumor potential; (2) Actimab-A as a therapeutic backbone
for acute myeloid leukemia (AML) and myelodysplastic syndrome (MDS) in collaboration with the National Cancer Institute (NCI); and (3)
targeted conditioning agents including Iomab-B for bone marrow transplant and Iomab-ACT for cell and gene therapy conditioning. ATNM-400
targets a novel antigen distinct from PSMA and has demonstrated preclinical activity across metastatic castration-resistant prostate cancer
(mCRPC), non-small cell lung cancer (NSCLC), and breast cancer, and is being evaluated in a first-in-human Phase 1 study in mCRPC. Actimab-A
has shown improved survival in relapsed/refractory AML with CLAG-M and is advancing toward a Phase 2/3 trial, with additional development
ongoing through a CRADA with the NCI. Actinium is also advancing preclinical solid tumor programs and holds ~250 patents and patent applications,
including intellectual property related to cyclotron-based production of Ac-225. For more information, please visit www.actiniumpharma.com.
Forward-Looking Statements
This press release may contain projections or
other “forward-looking statements” within the meaning of the “safe-harbor” provisions of the private securities
litigation reform act of 1995 regarding future events or the future financial performance of the Company which the Company undertakes
no obligation to update. These statements are based on management’s current expectations and are subject to risks and uncertainties
that may cause actual results to differ materially from the anticipated or estimated future results, including the risks and uncertainties
associated with the Company’s ability to retain key personnel, the Company’s ability to obtain additional financing on acceptable
terms or at all, the conduct, timing and results of the Company’s clinical trials, estimates of potential markets for drugs under
development, clinical trials, actions by the FDA and other governmental agencies, regulatory clearances, responses to regulatory matters,
the market demand for and acceptance of Actinium’s products and services, performance of clinical research organizations and other
risks detailed from time to time in Actinium’s filings with the Securities and Exchange Commission (the “SEC”), including
without limitation its most recent annual report on form 10-K, subsequent quarterly reports on Forms 10-Q and Forms 8-K, each as amended
and supplemented from time to time.
Investors: investorrelations@actiniumpharma.com
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