---
schema_version: "secwatch.filing_event.v1"
accession: "0001663577-26-000275"
form_type: "8-K"
ticker: "SWRD"
cik: "0001795851"
company_name: "Stewards, Inc."
filed_at: "2026-09-14T21:29:50+00:00"
generated_at: "2026-09-14T21:32:11.132299+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# Stewards clarifies prior RSU authorization not executed; board pauses recognition program

## Summary
- Board approved standstill on previously authorized up to 3,000,000 RSUs; no award agreements executed or shares issued.
- Independent directors Zachary Graeve, Wael Barsoum and John Bode will not receive any contemplated RSUs.
- Any future awards limited to Glen Steward, Shaun Quin, and eligible management/employees; excludes consultants and advisers.
- Company will file Form S-8 covering Plan shares; no settlement until registration effective or exemption confirmed.
- Clarifies Registration Statement No. 333-291586 description of 'issuance'; no RSUs treated as outstanding.

## SEC filing metadata
- accession: 0001663577-26-000275
- form_type: 8-K
- ticker: SWRD
- cik: 0001795851
- company_name: Stewards, Inc.
- filed_at: 2026-09-14T21:29:50+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1795851/000166357726000275/0001663577-26-000275-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1795851/000166357726000275/swrd_8k091426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001663577-26-000275
- JSON: https://secwatch.observer/filing/0001663577-26-000275.json
- Plain text: https://secwatch.observer/filing/0001663577-26-000275.txt

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