---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-056426"
form_type: "8-K"
ticker: "SWAG"
cik: "0001872525"
company_name: "Stran & Company, Inc."
filed_at: "2025-06-23T23:59:59+00:00"
generated_at: "2026-05-19T00:11:51.268165+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Stran appoints Mark Adams and Sarah Cummins to board; three directors resign amicably

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-25-056426
- form_type: 8-K
- ticker: SWAG
- cik: 0001872525
- company_name: Stran & Company, Inc.
- filed_at: 2025-06-23T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1872525/000121390025056426/0001213900-25-056426-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1872525/000121390025056426/ea0246489-8k_stran.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-056426
- JSON: https://secwatch.observer/filing/0001213900-25-056426.json
- Plain text: https://secwatch.observer/filing/0001213900-25-056426.txt

## Key facts
- Executive change
  Alejandro Tani resigned as Director at Stran & Company, Inc..
  - Action: resigned
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1872525/000121390025056426/0001213900-25-056426-index.htm
- Executive change
  Ashley L. Marshall resigned as Director at Stran & Company, Inc..
  - Action: resigned
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1872525/000121390025056426/0001213900-25-056426-index.htm
- Executive change
  Travis McCourt resigned as Director at Stran & Company, Inc..
  - Action: resigned
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1872525/000121390025056426/0001213900-25-056426-index.htm
- Executive change
  Mark Charles Adams was elected as Director at Stran & Company, Inc..
  - Action: elected
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1872525/000121390025056426/0001213900-25-056426-index.htm
- Executive change
  Sarah L. Cummins was elected as Director at Stran & Company, Inc..
  - Action: elected
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1872525/000121390025056426/0001213900-25-056426-index.htm

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