BigBear.ai director Kirk Konert resigns from board
BigBear.ai announced the same-day resignation of board member Kirk Konert, citing no disagreement with the company.
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Form Type
8-K
Rhea-AI Filing Summary
BigBear.ai Holdings, Inc. (BBAI) reported that Kirk Konert informed its Board of Directors on September 15, 2026 that he will resign from the Board, effective the same day. The company states that Mr. Konert’s resignation was not due to any disagreement regarding operations, policies, or practices.
8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Resignation effective date: September 15, 2026
Common stock par value: $0.0001 per share
Redeemable warrant exercise price: $11.50 per share
3 metrics
Resignation effective date
September 15, 2026
Effective date of Kirk Konert’s resignation from the Board of Directors
Common stock par value
$0.0001 per share
Par value of BigBear.ai common stock listed on the New York Stock Exchange
Redeemable warrant exercise price
$11.50 per share
Each redeemable warrant is exercisable for one share of common stock at this price
Key Terms
Redeemable warrants, Exercise price, Emerging growth company
3 terms
Redeemable warrants financial
"Redeemable warrants, each full warrant exercisable for one share of common stock"
A redeemable warrant is a tradable right that lets its holder buy a company’s shares at a fixed price before a set date, but the issuer has the contract power to cancel (redeem) the warrant early under agreed terms. For investors this matters because early redemption can force decision-making, change the timing of when new shares might be created, and affect potential gains or dilution—much like a store coupon that the issuer can cancel by paying you off instead of letting you use it.
Exercise price financial
"exercisable for one share of common stock at an exercise price of $11.50 per share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
Emerging growth company regulatory
"Emerging growth company o o Item 5.02 Departure of Directors"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What board change did BigBear.ai (BBAI) disclose on September 15, 2026?
BigBear.ai disclosed that board member Kirk Konert informed the Board on September 15, 2026 that he will resign from the Board of Directors, effective that same date. The company stated that his resignation was not due to any disagreement with its operations, policies, or practices.
Did Kirk Konert resign from BigBear.ai (BBAI) over a disagreement?
No. BigBear.ai stated that Kirk Konert did not resign from the Board of Directors due to any disagreement with the company on matters relating to its operations, policies, or practices.
When is Kirk Konert’s resignation from BigBear.ai’s board effective?
Kirk Konert’s resignation from BigBear.ai’s Board of Directors is effective on September 15, 2026, the same date he informed the Board of his decision.
What securities of BigBear.ai (BBAI) are listed on the New York Stock Exchange?
BigBear.ai has common stock with a par value of $0.0001 per share trading under the symbol BBAI, and redeemable warrants, each exercisable for one share of common stock at an exercise price of $11.50 per share, trading under the symbol BBAI.WS.
Who signed the BigBear.ai (BBAI) report announcing the board resignation?
The report was signed on behalf of BigBear.ai Holdings, Inc. by Sean Ricker, who is identified in the filing as the company’s Chief Financial Officer.
AI-generated analysis. How Rhea-AI works. Not financial advice.
