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Director leaving Smartbird (NASDAQ: BIRD) board to become CFO at AEO

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Smartbird, Inc. reported that board member Ravi Thanawala has notified the Board of his intention to resign as a director. He is leaving to assume the position of CFO at American Eagle Outfitters, Inc. His resignation will be effective July 14, 2026 to allow an orderly transition.

The company states that his decision to resign is not due to any disagreement with Smartbird on operations, policies, or practices. The filing focuses solely on this governance change and does not include financial or operating results.

Positive

  • None.

Negative

  • None.
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.
Resignation notice date June 27, 2026 Date Ravi Thanawala notified Smartbird’s Board of his intention to resign
Resignation effective date July 14, 2026 Effective date of Ravi Thanawala’s departure from the Board
Form type Form 8-K Current report describing director resignation under Item 5.02
Trading symbol BIRD Smartbird’s Class A common stock listed on The Nasdaq Stock Market LLC
Board of Directors financial
"On June 27, 2026, Ravi Thanawala notified the Board of Directors (the “Board”) of Smartbird, Inc."
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
Emerging growth company regulatory
"Emerging growth company"
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.
Item 5.02 regulatory
"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers."
Securities registered pursuant to Section 12(b) regulatory
"Securities registered pursuant to Section 12(b) of the Act"
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Understanding 8-K Material Events →
0001653909false00016539092026-07-012026-07-01



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

___________________________________
FORM 8-K
___________________________________

CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 27, 2026


___________________________________
Smartbird, Inc.
(Exact name of registrant as specified in its charter)
___________________________________


Delaware
001-40963
47-3999983
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
530 Washington St.
San Francisco, CA 94111
(Address of principal executive offices, including zip code)

(628) 225-4848
(Registrant’s telephone number, including area code)
___________________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):
☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading
Symbol(s)
Name of each exchange
on which registered
Class A common stock, $0.0001 par valueBIRDThe Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 27, 2026, Ravi Thanawala notified the Board of Directors (the “Board”) of Smartbird, Inc. (the “Company”) of his intention to resign from the Board, as Mr. Thanawala will be assuming the position of CFO at American Eagle Outfitters, Inc. His resignation will be effective as of July 14, 2026 to support an orderly transition. His resignation was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices.





SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Allbirds, Inc.
Dated: July 1, 2026
By:/s/ Nadia Carlsten
Nadia Carlsten
Chief Executive Officer




Source: View Original Filing on SEC EDGAR

FAQ

What board change did Smartbird (BIRD) disclose in this 8-K filing?

Smartbird disclosed that director Ravi Thanawala has decided to resign from its Board. The filing explains that he will depart to take a CFO role at American Eagle Outfitters and that his resignation is not due to any disagreement with the company.

When will Ravi Thanawala’s resignation from Smartbird’s board become effective?

His resignation from Smartbird’s Board will be effective on July 14, 2026. The company notes this effective date is intended to support an orderly transition, providing a short overlap period between the notice date and his departure from the Board.

Why is Smartbird director Ravi Thanawala resigning from the Board?

Ravi Thanawala is resigning from Smartbird’s Board to become CFO of American Eagle Outfitters, Inc. The company states explicitly that his departure is related to this new role and not the result of any disagreement over Smartbird’s operations, policies, or practices.

Did Smartbird report any disagreements linked to this director resignation?

Smartbird states that Mr. Thanawala’s resignation was not the result of any disagreement with the company. The filing specifies there were no disputes regarding Smartbird’s operations, policies, or practices associated with his decision to step down from the Board.

Does this Smartbird (BIRD) 8-K include financial or earnings information?

This 8-K focuses on Item 5.02, covering a director’s resignation and related governance details. It does not present revenue, earnings, or other operating results, concentrating solely on the board change and confirming there was no related disagreement with company practices.

Filing Exhibits & Attachments

3 documents

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