---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-273417"
form_type: "8-K"
ticker: "BIRD"
cik: "0001653909"
company_name: "Allbirds, Inc."
filed_at: "2026-06-17T12:10:07+00:00"
generated_at: "2026-06-17T12:16:02.241822+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-273417
- form_type: 8-K
- ticker: BIRD
- cik: 0001653909
- company_name: Allbirds, Inc.
- filed_at: 2026-06-17T12:10:07+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 5.02, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1653909/000119312526273417/0001193125-26-273417-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1653909/000119312526273417/d178962d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-273417
- JSON: https://secwatch.observer/filing/0001193125-26-273417.json
- Plain text: https://secwatch.observer/filing/0001193125-26-273417.txt

## Key facts
- Executive change
  Lily Yan Hughes was appointed as Chairperson of the Board at Allbirds, Inc..
  - Action: appointed
  - Role: Chairperson of the Board
  source text: The Board has appointed Lily Yan Hughes as the Chairperson of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1653909/000119312526273417/0001193125-26-273417-index.htm
- Executive change
  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
  source text: 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 ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1653909/000119312526273417/0001193125-26-273417-index.htm

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