---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-012756"
form_type: "8-K"
ticker: "SWAG"
cik: "0001872525"
company_name: "Stran & Company, Inc."
filed_at: "2022-03-16T23:59:59+00:00"
generated_at: "2026-06-26T22:28:58.173676+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Stran & Company appoints Sheila Johnshoy as COO; base salary $250K, stock options

## Summary
- Sheila Johnshoy appointed COO effective March 11, 2022, with a base salary of $250,000.
- Signing bonus: 5,000 restricted shares and option to purchase 5,000 shares at $1.60.
- Eligible for up to 35,000 additional shares and options based on revenue targets.
- Ms. Johnshoy previously served as VP at SwagUp and CRO at ePromos, where revenue grew from $18M to $70M.
- Severance: four months' salary if terminated without cause in first two years.

## SEC filing metadata
- accession: 0001213900-22-012756
- form_type: 8-K
- ticker: SWAG
- cik: 0001872525
- company_name: Stran & Company, Inc.
- filed_at: 2022-03-16T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1872525/000121390022012756/0001213900-22-012756-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1872525/000121390022012756/ea156951-8k_stranandco.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-012756
- JSON: https://secwatch.observer/filing/0001213900-22-012756.json
- Plain text: https://secwatch.observer/filing/0001213900-22-012756.txt

## Key facts
- Executive change
  Sheila Johnshoy was appointed as Chief Operating Officer at Stran & Company, Inc..
  - Action: appointed
  - Role: Chief Operating Officer
  source text: Effective as of March 11, 2022, the Board of Directors (the “Board”) of Stran & Company, Inc. (the “Company”) appointed Sheila Johnshoy to serve as the Company’s Chief Operating Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1872525/000121390022012756/0001213900-22-012756-index.htm

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