---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-042849"
form_type: "8-K"
ticker: "BBAI"
cik: "0001836981"
company_name: "BigBear.ai Holdings, Inc."
filed_at: "2024-02-22T23:59:59+00:00"
generated_at: "2026-06-05T20:51:30.731170+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# BigBear.ai COO Norm Laudermilch steps down; no replacement planned

## Summary
- Norm Laudermilch departed as COO effective Feb 21, 2024 under a separation agreement.
- He receives $212,500 lump sum (6 months base salary), 77,073 accelerated RSUs, and $5,688 for health premiums.
- Company will not hire a replacement for the COO position at this time.
- Laudermilch reaffirms restrictive covenants including non-compete, non-solicitation, and confidentiality.
- Separation agreement includes a general release of claims and 21-day consideration/7-day revocation period.

## SEC filing metadata
- accession: 0001193125-24-042849
- form_type: 8-K
- ticker: BBAI
- cik: 0001836981
- company_name: BigBear.ai Holdings, Inc.
- filed_at: 2024-02-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1836981/000119312524042849/0001193125-24-042849-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1836981/000119312524042849/d524561d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-042849
- JSON: https://secwatch.observer/filing/0001193125-24-042849.json
- Plain text: https://secwatch.observer/filing/0001193125-24-042849.txt

## Key facts
- Executive change
  Norm Laudermilch departed as Chief Operating Officer at BigBear.ai Holdings, Inc..
  - Action: stepped down
  - Role: Chief Operating Officer
  source text: On February 22, 2024, BigBear.ai Holdings, Inc. (the “ Company ”) announced that Norm Laudermilch plans to step down from the position of Chief Operating Officer, effective as of February 21, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1836981/000119312524042849/0001193125-24-042849-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.