Brag House cancels 1.14M stock options for CEO/COO; issues fully vested RSUs

Brag House Holdings, Inc.

Cancelled 570,778 options each for CEO Lavell Malloy and COO Daniel Leibovich (total 1,141,556).
Issued 570,778 fully vested RSUs to each executive (same share count), effective March 18, 2026.
Corrective action aims to avoid tax burden and reflect original intent of employment agreements.
RSUs settle in common stock immediately; no additional vesting conditions.
Prior options from June 2025 ($0.576/share) and July 2025 ($1.00/share) cancelled.

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