Brownie’s Marine Group adds new board director

Brownie’s Marine Group, Inc. appointed Mikkel Pitzner, age 58, to its board of directors effective July 16, 2026.

Rhea-AI Filing Summary

Brownie’s Marine Group, Inc. appointed Mikkel Pitzner, age 58, to its board of directors effective July 16, 2026. His compensation for board service will be $4,500 each quarter, paid in shares of the company’s common stock.

The company states there is no arrangement or understanding with any other person regarding his selection, no family relationship between Mr. Pitzner and existing directors or executive officers, and no transactions involving him that require disclosure under Item 404(a) of Regulation S-K.

Filing Explained

Effective July 16, the director appointment carries an ongoing commitment to pay $4,500 each quarter in common stock; the filing does not state the resulting share count, so any ownership effect on existing holders cannot be sized from this disclosure.

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

Director age: 58 Quarterly board compensation: $4,500 per quarter Director appointment effective date: July 16, 2026 +1 more

4 metrics

Director age 58 Age of newly appointed director Mikkel Pitzner

Quarterly board compensation $4,500 per quarter Value of common stock granted each quarter for board service

Director appointment effective date July 16, 2026 Date Mikkel Pitzner joined the board of directors

Report signature date July 24, 2026 Date the CEO signed the report confirming the appointment

Key Terms

board of directors, Emerging growth company, Item 404(a) of Regulation S-K, Section 12(b) of the Act

4 terms

board of directors financial

"the board of directors (the “Board”) of Brownie’s Marine Group, 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

"defined in Rule 405 of this chapter) or Rule 12b-2 of the Securities Exchange Act"

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 404(a) of Regulation S-K regulatory

"no transactions between Mr. Pitzner and the Company that would be required to be reported under Item 404(a) of Regulation S-K"

Section 12(b) of the Act regulatory

"Securities registered pursuant to Section 12(b) of the Act"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What board change did Brownie’s Marine Group (BWMG) announce?

Brownie’s Marine Group appointed Mikkel Pitzner to its board of directors, effective July 16, 2026. The company also confirmed there are no related-party transactions or family relationships tied to his appointment, and his compensation will be paid in company stock.

How will new director Mikkel Pitzner be compensated at BWMG?

Mikkel Pitzner will receive $4,500 each quarter in common stock for serving on Brownie’s Marine Group’s board. This stock-based compensation aligns his interests with shareholders, and no additional arrangements or related-party transactions were disclosed in connection with his appointment.

When did Mikkel Pitzner’s appointment to BWMG’s board become effective?

His appointment became effective on July 16, 2026, when the Brownie’s Marine Group board voted to add him. The company later signed the report on July 24, 2026, confirming his role and detailing his quarterly common-stock compensation.

Are there any related-party transactions between BWMG and director Mikkel Pitzner?

The company reports no transactions between Brownie’s Marine Group and Mikkel Pitzner that require disclosure under Item 404(a) of Regulation S-K. It also notes no family relationships with any current directors or executive officers.

Does Brownie’s Marine Group (BWMG) report any family relationships with new director Pitzner?

Brownie’s Marine Group states there is no family relationship between Mikkel Pitzner and any of its other directors or executive officers. His selection as director was not made pursuant to any arrangement or understanding with another person.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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) July 16, 2026

BROWNIE’S MARINE GROUP, INC.

(Exact name of registrant as specified in its charter)

Florida		333-99393		90-0226181
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS. Employer Identification No.)

4061 SW 47th Avenue, Davie, Florida		33314
(Address of principal executive offices)		(Zip Code)

(Registrant’s telephone number, including area code): (954) 462-5570

N/A

(Former name or former address, if changed since last report)

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:

☐	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
None		N/A		N/A

Indicate by check mark whether the registrant is an emerging growth company as defined in 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 checkmark 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.

Director Appointment

On July 16, 2026, the board of directors (the “Board”) of Brownie’s Marine Group, Inc., a Florida corporation (the “Company”), appointed Mikkel Pitzner, age 58, to serve as a member of the Board, effective on such date. Mr. Pitzner will be paid $4,500 each quarter in common stock of the Company for such Board service.

There is no arrangement or understanding between Mr. Pitzner and any other person pursuant to which he was selected as a director, and there is no family relationship between Mr. Pitzner and any of the Company’s other directors or executive officers.

There are no transactions between Mr. Pitzner and the Company that would be required to be reported under Item 404(a) of Regulation S-K.

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.

	BROWNIE’S MARINE GROUP, INC.
Date: July 24, 2026	By:	/s/ Robert Carmichael
	Robert Carmichael
	Chief Executive Officer

Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 XBRL SCHEMA FILE 3.0 KB
• EX-101 XBRL LABEL FILE 33.4 KB
• EX-101 XBRL PRESENTATION FILE 21.9 KB