secwatch.observer — SEC 8-K summary
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Issuer:     Brag House Holdings, Inc. (TBH)
CIK:        0001903595
Form:       8-K
Filed at:   2026-03-24T23:59:59+00:00
Accession:  0001213900-26-033558
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1903595/000121390026033558/0001213900-26-033558-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1903595/000121390026033558/ea0283093-8k_brag.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-033558

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer