---
schema_version: "secwatch.filing_event.v1"
accession: "0001805833-24-000062"
form_type: "8-K"
ticker: "SST"
cik: "0001805833"
company_name: "System1, Inc."
filed_at: "2024-04-12T23:59:59+00:00"
generated_at: "2026-06-03T23:30:51.173039+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# System1 appoints Charles Ursini and Ryan Caswell to board; board expands to 11

## Summary
- Charles Ursini (Class II director, up for re-election at 2024 annual meeting) and Ryan Caswell (Class III director, up for re-election at 2025 annual meeting) appointed.
- Ryan Caswell is President of Cannae Holdings (NYSE: CNNE) and qualifies as independent; Ursini is a co-founder on senior management team and not independent.
- Board size increased from 10 to 11 directors; the new seat is a Class III position expiring at the 2025 annual meeting.
- Caswell will receive pro-rated compensation under the Non-Employee Director Compensation Program; both directors will enter indemnification agreements.

## SEC filing metadata
- accession: 0001805833-24-000062
- form_type: 8-K
- ticker: SST
- cik: 0001805833
- company_name: System1, Inc.
- filed_at: 2024-04-12T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1805833/000180583324000062/0001805833-24-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805833/000180583324000062/sst-20240410.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001805833-24-000062
- JSON: https://secwatch.observer/filing/0001805833-24-000062.json
- Plain text: https://secwatch.observer/filing/0001805833-24-000062.txt

## Key facts
- Executive change
  Ryan Caswell was appointed as Director at System1, Inc..
  - Action: appointed
  - Role: Director
  source text: On April 10, 2024, the Board of Directors (the “Board”) of System, Inc. (the “Company”) appointed Charles Ursini to serve as a Class II director and Ryan Caswell to serve as a Class III director of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1805833/000180583324000062/0001805833-24-000062-index.htm
- Executive change
  Charles Ursini was appointed as Director at System1, Inc..
  - Action: appointed
  - Role: Director
  source text: On April 10, 2024, the Board of Directors (the “Board”) of System, Inc. (the “Company”) appointed Charles Ursini to serve as a Class II director and Ryan Caswell to serve as a Class III director of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1805833/000180583324000062/0001805833-24-000062-index.htm

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