UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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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 February 17, 2026, the Compensation Committee (the “Compensation Committee”) of the board of directors of Stran & Company, Inc. (the “Company”) approved cash bonuses of $2,500 to David Browner, Chief Financial Officer of the Company (“Browner”); $7,950 to Ian Wall, Chief Information Officer of the Company (“Wall”); and $45,000 to Andrew Shape, President and Chief Executive Officer of the Company.
On the same date, the Compensation Committee approved grants of shares of restricted stock in the amount of 25,000 to Browner and 12,000 to Wall, respectively, pursuant to the Stran & Company, Inc. Amended and Restated 2021 Equity Incentive Plan (the “Plan”), subject to the execution of restricted stock award agreements in the standard form with respect to the Plan (the “Restricted Shares”). The Restricted Shares will vest as to one-third on each of the first, second, and third anniversaries of the date of grant. Each of Browner and Wall executed a restricted stock award agreement with respect to the Restricted Shares as of February 19, 2026.
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SIGNATURES
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.
| Date: February 20, 2026 | STRAN & COMPANY, INC. | |
| /s/ Andrew Shape | ||
| Name: | Andrew Shape | |
| Title: | President and Chief Executive Officer | |
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