---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-016136"
form_type: "8-K"
ticker: "SWAG"
cik: "0001872525"
company_name: "Stran & Company, Inc."
filed_at: "2024-02-22T23:59:59+00:00"
generated_at: "2026-06-05T21:00:33.061726+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Stran & Company approves FY2023 bonuses for CEO, CFO, COO, VP totaling cash and equity awards

## Summary
- CEO Andrew Shape receives discretionary cash bonus of $50,000.
- CFO David Browner earns $26,250 cash, 5,000 shares grant, and 7,500 stock option vesting at $1.72 per share.
- COO Sheila Johnshoy gets $26,250 cash, 5,000 shares, and fully vested option on 7,500 shares at $1.55 per share.
- VP John Audibert awarded $10,000 cash, 2,661 shares, option on 7,500 shares at $1.55, plus 2,339 restricted shares vesting.

## SEC filing metadata
- accession: 0001213900-24-016136
- form_type: 8-K
- ticker: SWAG
- cik: 0001872525
- company_name: Stran & Company, Inc.
- filed_at: 2024-02-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1872525/000121390024016136/0001213900-24-016136-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1872525/000121390024016136/ea0200491-8k_stranandcom.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-016136
- JSON: https://secwatch.observer/filing/0001213900-24-016136.json
- Plain text: https://secwatch.observer/filing/0001213900-24-016136.txt

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