Allbirds rebrands as Smartbird, appoints AI CEO Nadia Carlsten, ups convertible note to $100M

Allbirds, Inc.

Nadia Carlsten appointed President, CEO and director effective June 18, replacing Joe Vernachio (resigns June 19).
Company renamed Smartbird, Inc.; public benefit corporation status removed, effective June 15, 2026.
Convertible note facility increased from $50M to $100M; conversion price for incremental notes set at $4.00.
Lily Yan Hughes appointed board chair; Carlsten receives $700K salary, 1.53M RSUs (inducement grant).
Company completed sale of Allbirds brand and footwear assets; now focuses on AI infrastructure as a managed service.

item 1.01 item 5.02 item 5.03 item 7.01 item 9.01

Executive movements

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Role change

Lily Yan Hughes

Chairperson of the Board

BIRD · Allbirds, Inc.

Filed: June 17, 2026, 8:10 AM ET

The Board has appointed Lily Yan Hughes as the Chairperson of the Board.

Appointed

Nadia Carlsten

President, Chief Executive Officer, Secretary and a director

BIRD · Allbirds, Inc.

Effective: 2026-06-18
Filed: June 17, 2026, 8:10 AM ET

On June 12, 2026, the Board of Directors of the Company (the “ Board ”) approved the appointment of Nadia Carlsten to serve as President, Chief Executive Officer, Secretary and a director of the Company, effective June 18, 2026 (the “ Effective Date ”).

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Lily Yan Hughes was appointed as Chairperson of the Board at Allbirds, Inc..

Action: appointed
Role: Chairperson of the Board

Exact text from the filing

The Board has appointed Lily Yan Hughes as the Chairperson of the Board.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Nadia Carlsten was appointed as President, Chief Executive Officer, Secretary and a director at Allbirds, Inc..

Action: appointed
Role: President, Chief Executive Officer, Secretary and a director

Exact text from the filing

On June 12, 2026, the Board of Directors of the Company (the “ Board ”) approved the appointment of Nadia Carlsten to serve as President, Chief Executive Officer, Secretary and a director of the Company, effective June 18, 2026 (the “ Effective Date ”).

View on SEC.gov

Allbirds, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-26-273417

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