Allbirds, Inc. filings document the public-company record for a Delaware public benefit corporation whose Class A common stock trades on Nasdaq under BIRD. Recent disclosures include 8-K material-event reports, operating and financial results, business highlights, and announcements tied to the company’s retail footprint and channel strategy.
The filing record also covers material agreements, shareholder voting matters, governance disclosures and capital-structure actions. These include at-the-market Class A common stock sales under a shelf registration statement, senior secured convertible-note financing, related proxy solicitation materials, Nasdaq share-issuance matters and amendments to material-event reports.
Smartbird, Inc. (BIRD) reported that its Chief Financial Officer, Ann Mitchell, sold 1,755 shares of Class A Common Stock on September 2, 2026 at a weighted average price of $2.44 per share. The sale was executed solely to cover tax withholding obligations from vesting restricted stock units and is described as non-discretionary, leaving her with 840,623 shares held directly.
Smartbird, Inc. (BIRD) reports that CEO and director Nadia Catherine Carlsten disposed of 36,315 shares of Class A common stock on September 2, 2026. According to the disclosure, the shares were sold solely to cover tax withholding obligations arising from the vesting and settlement of restricted stock units and are described as non-discretionary “sell to cover” transactions. After these sales, she directly holds 1,378,605 shares of Class A common stock.
Smartbird, Inc. (BIRD) has a notice under Rule 144 reporting that officer Ann Mitchell intends to sell 1,755 shares of common stock through Charles Schwab on September 2, 2026, with an aggregate market value of $4,275, on NASDAQ.
The shares relate to a restricted stock lapse from equity compensation, and the sale is described as covering a tax obligation from the settlement of vested Restricted Stock Units. In the prior three months, Ann Mitchell sold 1,587 shares for aggregate proceeds of $7,174 on June 2, 2026.
Smartbird, Inc. (BIRD) received a Rule 144 notice from shareholder Nadia Catherine Carlsten covering a planned sale of 36,315 shares of common stock through Charles Schwab & Co., Inc. on September 2, 2026. The filing states the shares are being sold to cover tax obligations from the settlement of vested Restricted Stock Units.
The notice also reports that Carlsten previously sold 117,459 shares of Smartbird common stock on June 25, 2026. The common stock is listed on NASDAQ.
Smartbird, Inc. (BIRD) director Richard W. Boyce reported selling 9,200 shares of Class A Common Stock on August 25, 2026 in an open market or private transaction. The weighted average sale price was $2.38 per share, with individual trades between $2.35 and $2.44. Following this sale, Boyce directly holds 4,455 shares of Smartbird, Inc. Class A Common Stock.
Smartbird, Inc. (BIRD) received a notice of proposed sale on Form 144 relating to Class A Common Stock held for the account of director Richard W. Boyce. The notice covers a proposed sale of 9,200 shares of Class A Common Stock through Charles Schwab & Co., Inc., with an approximate aggregate market value of $21,873.00, based on a stated 9,315,794 shares of this class outstanding as of the notice. The filing also lists restricted stock lapses tied to equity compensation awards of 6,200 shares on 06/06/2026 and 3,000 shares on 06/07/2025.
Smartbird, Inc. (BIRD) reported that CEO Nadia Carlsten issued a shareholder letter outlining the company’s post-transition strategy following the sale of its former Allbirds footwear assets, a name change, new leadership, and a full pivot to AI infrastructure. Smartbird plans to provide dedicated, managed AI infrastructure for enterprises that need more control over performance, cost, security, and data location than standardized hyperscale cloud platforms typically offer. The company cites access to over $200 million of capital through cash and cash equivalents, a convertible financing facility, and an ATM program as of June 30, 2026, and emphasizes disciplined capital allocation tied to specific customer demand. The letter also notes that the Q2 2026 report includes results of discontinued retail operations and sets out operating principles focused on customer-centric design, technical depth, sustainable unit economics, and building a small, expert AI infrastructure team.
Smartbird, Inc. (BIRD) has completed a major strategic shift, selling all assets and liabilities of its historical Allbirds footwear business for $40.7 million in cash and pivoting to a new, highly speculative AI Infrastructure Business focused on GPUs and high‑performance computing. The sale generated a $21.6 million gain and allowed repayment of $19.7 million outstanding under its revolving Credit Agreement, which was fully extinguished.
For the quarter ended June 30, 2026, continuing operations generated $2.8 million in net revenue, all from a single U.S. customer, and a net loss from continuing operations of $12.8 million, with total net loss of $16.4 million. Total assets were $46.1 million and stockholders’ equity $22.5 million, down sharply from year‑end due to the divestiture.
Liquidity improved: cash and cash equivalents were $37.4 million (cash, cash equivalents and restricted cash $38.6 million), aided by ATM equity issuance of $15.4 million and issuance of $8.25 million principal amount of 12% senior secured Convertible Notes (fair value $8.2 million). Management states that, after the asset sale, cost cuts, the AI strategy and new financings, prior substantial doubt about going concern has been alleviated for the next twelve months, but the company emphasizes that the new AI business is unproven, capital‑intensive, and subject to significant competitive, technology, regulatory, and customer‑concentration risks.
Smartbird, Inc. (formerly Allbirds, Inc.) notified that it will file its Form 10-Q for the quarter ended June 30, 2026 late. The company sold the assets and liabilities of its historical footwear business on June 9, 2026 under an asset purchase agreement and needs additional time to confirm the related accounting.
The company expects this Asset Sale to qualify as a “strategic shift” under ASC 205-20, requiring discontinued operations presentation and adjustments to prior-period amounts. Smartbird states it expects to file the Form 10-Q no later than the fifth calendar day after the original due date of August 14, 2026, and anticipates a significant change in results of operations because of the discontinued operations treatment.