---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-025232"
form_type: "8-K"
ticker: "BBAI"
cik: "0001836981"
company_name: "BigBear.ai Holdings, Inc."
filed_at: "2022-09-20T23:59:59+00:00"
generated_at: "2026-06-23T08:36:46.943397+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# BigBear.ai terminates CTO Brian Frutchey; severance of $213,700 plus equity forfeiture

## Summary
- CTO Brian Frutchey terminated effective Sept 15, 2022; no replacement will be sought.
- Severance includes $162,500 (6mo salary), $42,200 (6mo target bonus), $9,000 (6mo health premiums).
- Unvested equity forfeited: 140,000 B Units, ~59,486 options, ~23,795 RSUs; vested 210,000 B Units retained.
- Non-compete for 6 months in US federal augmented analytics/cyber solutions.
- Reaffirms existing restrictive covenants and non-disclosure agreement.

## SEC filing metadata
- accession: 0001628280-22-025232
- form_type: 8-K
- ticker: BBAI
- cik: 0001836981
- company_name: BigBear.ai Holdings, Inc.
- filed_at: 2022-09-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1836981/000162828022025232/0001628280-22-025232-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1836981/000162828022025232/bbai-20220915.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-025232
- JSON: https://secwatch.observer/filing/0001628280-22-025232.json
- Plain text: https://secwatch.observer/filing/0001628280-22-025232.txt

## Key facts
- Executive change
  Brian Frutchey was terminated as Chief Technology Officer at BigBear.ai Holdings, Inc..
  - Action: terminated
  - Role: Chief Technology Officer
  source text: On September 15, 2022, BigBear.ai Holdings, Inc. (the “ Company ”) terminated the employment of Brian Frutchey, the Company's Chief Technology Officer,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1836981/000162828022025232/0001628280-22-025232-index.htm

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