---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-013337"
form_type: "8-K"
ticker: null
cik: "0001827821"
company_name: "Forge Global Holdings, Inc."
filed_at: "2025-03-18T23:59:59+00:00"
generated_at: "2026-05-24T14:13:06.023293+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Director Eric Leupold resigns; Brian McDonald appointed to Forge Global board

## Summary
- Eric Leupold resigned from the Board effective March 17, 2025; no disagreement cited.
- Brian McDonald appointed as Class III director on March 17, serving on Audit and Risk Committees.
- McDonald was Managing Director, Head of Direct/Institutional at Morgan Stanley; spent 20+ years at Charles Schwab.
- Board size fixed at seven directors after the changes.
- McDonald brings financial services, wealth management, and digital business experience.

## SEC filing metadata
- accession: 0001628280-25-013337
- form_type: 8-K
- cik: 0001827821
- company_name: Forge Global Holdings, Inc.
- filed_at: 2025-03-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1827821/000162828025013337/0001628280-25-013337-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1827821/000162828025013337/forge-20250312.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-013337
- JSON: https://secwatch.observer/filing/0001628280-25-013337.json
- Plain text: https://secwatch.observer/filing/0001628280-25-013337.txt

## Key facts
- Executive change
  Eric Leupold resigned as Director at Forge Global Holdings, Inc..
  - Action: resigned
  - Role: Director
  source text: On March 12, 2025, Eric Leupold notified Forge Global Holdings, Inc. (the “Company”) of his intention to resign from the Company’s Board of Directors (the “Board”), effective March 17, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1827821/000162828025013337/0001628280-25-013337-index.htm
- Executive change
  Brian McDonald was appointed as Director at Forge Global Holdings, Inc..
  - Action: appointed
  - Role: Director
  source text: On March 17, 2025, based upon the recommendation of the Nominating and Corporate Governance Committee of the Board, the Board appointed Brian McDonald as a Class III director, with his initial term expiring at the Company’s 2025 annual meeting of stockholders.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1827821/000162828025013337/0001628280-25-013337-index.htm

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