---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-000256"
form_type: "8-K"
ticker: "BBAI"
cik: "0001836981"
company_name: "BigBear.ai Holdings, Inc."
filed_at: "2023-01-04T23:59:59+00:00"
generated_at: "2026-06-20T20:27:15.966896+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# BigBear.ai terminates Chief Development Officer Joshua Kinley; pays $306k in severance

## Summary
- Joshua Kinley terminated as Chief Development Officer effective Dec 30, 2022; position will not be replaced.
- Kinley receives lump sum of $175,000 (6 months base salary), $131,250 (50% target bonus), and $10,515.12 for health premiums.
- Unvested equity awards (RSUs and options) forfeited; 375,000 fully vested Class B units retained.
- Kinley reaffirms restrictive covenants; separation agreement includes general release of claims.

## SEC filing metadata
- accession: 0001628280-23-000256
- form_type: 8-K
- ticker: BBAI
- cik: 0001836981
- company_name: BigBear.ai Holdings, Inc.
- filed_at: 2023-01-04T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1836981/000162828023000256/0001628280-23-000256-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1836981/000162828023000256/bbai-20221230.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-000256
- JSON: https://secwatch.observer/filing/0001628280-23-000256.json
- Plain text: https://secwatch.observer/filing/0001628280-23-000256.txt

## Key facts
- Executive change
  Joshua Kinley was terminated as Chief Development Officer at BigBear.ai Holdings, Inc..
  - Action: terminated
  - Role: Chief Development Officer
  source text: On December 30, 2022, BigBear.ai Holdings, Inc. (the “Company”) terminated the employment of Joshua Kinley, the Company's Chief Development Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/1836981/000162828023000256/0001628280-23-000256-index.htm

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