8-K
filed June 23, 2025, 7:59 PM ET
ticker SWAG
CIK 0001872525
leadership
confidence high
sentiment positive
materiality 0.65
Stran appoints Mark Adams and Sarah Cummins to board; three directors resign amicably
Stran & Company, Inc.
- Three directors (Travis McCourt, Ashley L. Marshall, Alejandro Tani) resigned effective June 17-18, 2025, amicably and without disagreement.
- Board elected Mark Charles Adams (CEO of Adams Publishing Group) and Sarah L. Cummins (SVP at WTA Ventures) to fill two vacancies.
- New directors receive $20,000 annual cash retainer, plus $6,000 for committee chairs; each granted 9,449 restricted shares and a 10,000-share option at $1.27.
- Adams becomes Audit Committee chair; Cummins becomes Nominating & Governance chair; both serve on Compensation Committee.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Alejandro Tani resigned as Director at Stran & Company, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
On June 17, 2025, Travis McCourt, and on June 18, 2025, Ashley L. Marshall and Alejandro Tani, delivered written notice of resignation from the board of directors (the “Board”) of Stran & Company, Inc. (the “Company”), effective immediately.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Ashley L. Marshall resigned as Director at Stran & Company, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
On June 17, 2025, Travis McCourt, and on June 18, 2025, Ashley L. Marshall and Alejandro Tani, delivered written notice of resignation from the board of directors (the “Board”) of Stran & Company, Inc. (the “Company”), effective immediately.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Travis McCourt resigned as Director at Stran & Company, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
On June 17, 2025, Travis McCourt, and on June 18, 2025, Ashley L. Marshall and Alejandro Tani, delivered written notice of resignation from the board of directors (the “Board”) of Stran & Company, Inc. (the “Company”), effective immediately.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Mark Charles Adams was elected as Director at Stran & Company, Inc..
- Action
- elected
- Role
- Director
Exact text from the filing
On June 20, 2025, the Board elected each of Mark Charles Adams and Sarah L. Cummins to the Board, filling two of the vacancies on the Board resulting from the resignations of Ms. Marshall, Mr. McCourt, and Mr. Tani.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Sarah L. Cummins was elected as Director at Stran & Company, Inc..
- Action
- elected
- Role
- Director
Exact text from the filing
On June 20, 2025, the Board elected each of Mark Charles Adams and Sarah L. Cummins to the Board, filling two of the vacancies on the Board resulting from the resignations of Ms. Marshall, Mr. McCourt, and Mr. Tani.
View on SEC.gov
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