---
schema_version: "secwatch.filing_event.v1"
accession: "0001861449-23-000181"
form_type: "8-K/A"
ticker: null
cik: "0001861449"
company_name: "Bird Global, Inc."
filed_at: "2023-08-18T23:59:59+00:00"
generated_at: "2026-06-11T07:06:59.777931+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Bird Global amends 8-K to detail CEO Torchiana separation: $275K cash, accelerated equity

## Summary
- CEO Shane Torchiana departed Aug 9, 2023; separation agreement dated Aug 16, 2023 includes $275,000 cash payment (6 months base salary).
- Immediate vesting of 134,251 RSUs valued at $275,000 (VWAP $2.0484); half locked up 3 months, half 6 months.
- Unvested time-based equity accelerated as if Torchiana stayed 36 months post-departure, excludes separation equity.
- One-year advisory consulting period from Aug 10, 2023 to Aug 10, 2024; COBRA lump sum of approx $5,000.
- Separation conditioned on compliance with release, non-disparagement, non-solicitation, and confidentiality obligations.

## SEC filing metadata
- accession: 0001861449-23-000181
- form_type: 8-K/A
- cik: 0001861449
- company_name: Bird Global, Inc.
- filed_at: 2023-08-18T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1861449/000186144923000181/0001861449-23-000181-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1861449/000186144923000181/brds-20230809.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001861449-23-000181
- JSON: https://secwatch.observer/filing/0001861449-23-000181.json
- Plain text: https://secwatch.observer/filing/0001861449-23-000181.txt

## Key facts
- Executive change
  Shane Torchiana departed as Chief Executive Officer at Bird Global, Inc..
  - Action: departed
  - Role: Chief Executive Officer
  source text: the departure of Shane Torchiana from his position as the Chief Executive Officer of the Company, effective as of August 9, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1861449/000186144923000181/0001861449-23-000181-index.htm

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