SharkNinja Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits
$SN
Consumer Electronics/Appliances
Consumer Discretionary
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On January 5, 2026, Jason Wortendyke was appointed to the Board of Directors (the “Board”) of SharkNinja, Inc. (the “Company”) effective immediately, for a term expiring at the Company’s 2026 annual general meeting, or until his earlier resignation or removal. Mr. Wortendyke was also appointed to serve on the Compensation Committee of the Board (the “Compensation Committee”).
Consistent with the Company’s other non-employee directors, Mr. Wortendyke is eligible to receive an annual cash retainer of $152,000 for his service on the Board, an additional annual cash retainer of $15,000 for his service on the Compensation Committee, and an annual grant of restricted stock units (“RSUs”) on the date of his appointment to the Board having a grant date fair market value equal to $181,342, provided that such annual compensation for Mr. Wortendyke’s first year of service will be prorated for the period beginning on his date of appointment to the Board and ending on the Company’s 2026 annual general meeting. The annual grant of RSUs will vest in full on June 18, 2026, subject to Mr. Wortendyke’s continuous service status through such date.
As it does with all directors and executive officers, the Company will enter into an indemnification agreement with Mr. Wortendyke. The indemnification agreement will require the Company to indemnify Mr. Wortendyke to the fullest extent permissible under Cayman Islands Law. See the Company’s Form of Indemnification Agreement filed with the Securities and Exchange Commission on June 28, 2023 as Exhibit 10.1 to the Company’s Registration Statement on Form F-1.
There is no arrangement or understanding between Mr. Wortendyke and any other person pursuant to which Mr. Wortendyke was selected as a director and there are no related party transactions between the Company and Mr. Wortendyke that are subject to disclosure under Item 404(a) of Regulation S-K.
A copy of the press release issued on January 7, 2026, regarding Mr. Wortendyke’s appointment to the Board and Compensation Committee, is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference into this Item 5.02.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
| Exhibit | Description of Exhibit | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| SHARKNINJA, INC. | ||||||||
| By: | /s/ Pedro J. Lopez-Baldrich | |||||||
Date: January 7, 2026 | Name: Pedro J. Lopez-Baldrich | |||||||
| Title: Chief Legal Officer | ||||||||