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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):
February 17, 2026
| STRAN & COMPANY, INC. |
| (Exact name of registrant as specified in its charter) |
| Nevada |
|
001-41038 |
|
04-3297200 |
(State or other jurisdiction
of incorporation) |
|
(Commission File Number) |
|
(IRS Employer
Identification No.) |
| 500 Victory Road, Suite 301, Quincy, MA |
|
02171 |
| (Address of principal executive offices) |
|
(Zip Code) |
| 800-833-3309 |
| (Registrant’s telephone number, including area code) |
| |
| (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 |
| Common Stock, par value $0.0001 per share |
|
SWAG |
|
The Nasdaq Stock Market LLC |
| |
|
|
|
|
| Warrants, each warrant exercisable for one share of Common Stock at an exercise price of $4.81375 |
|
SWAGW |
|
The 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 or Rule 12b-2 of the Securities Exchange Act of 1934.
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 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.
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 |
2
