{"url_path":"/sec/dbgi/8-k/2026-07-20/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 **","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-20","source_url":"https://www.sec.gov/Archives/edgar/data/1668010/0001493152-26-033925-index.html","accession_number":"0001493152-26-033925","cik":"0001668010","ticker":"DBGI","issuer_name":"Digital Brands Group, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1668010/0001493152-26-033925-index.html","primary_entity_key":"0001668010","primary_entity_name":"Digital Brands Group, Inc."},"word_count":295,"has_tables":true,"body_markdown":"**Item\n5.02**\n**Departure\nof Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**\n\n \n\nOn\nJuly 14, 2026 (the “Effective Date”), Digital Brands Group, Inc. (the “Company”) appointed David Sosnowski to\nserve as an independent director on its Board of Directors (the “Board”), pursuant to a Board of Directors Agreement entered\ninto between the Company and Mr. Sosnowski (the “Director Agreement”). Under the terms of the Director Agreement, Mr. Sosnowski’s\nappointment is for an initial term of one (1) year from the Effective Date, subject to successive one-year renewals, and will otherwise\ncontinue until the Company’s next annual meeting of shareholders or Mr. Sosnowski’s earlier resignation, removal, or death.\n\n \n\nIn\nconnection with his appointment to the Board, the Company and Mr. Sosnowski entered into the Director Agreement, pursuant to which Mr.\nSosnowski will receive an annual cash retainer of $100,000, payable in quarterly installments commencing July 31, 2026. Mr. Sosnowski\nwas also granted non-qualified stock options (“Options”) under the Company’s 2020 Stock Incentive Plan to purchase\nup to 20,000 shares of the common stock of the Company at an exercise price of $5.00 per share. The Options vest at a rate of 25% per\nquarter beginning on the date of grant and expire five years from the date of issuance, in each case in accordance with the terms and\nconditions of the award agreement to be entered into with Mr. Sosnowski.\n\n \n\n \n\n \n\n** **\n\n**SIGNATURES**\n\n \n\nPursuant\nto the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its\nbehalf by the undersigned hereunto duly authorized.\n\n \n\n \n**DIGITAL\nBRANDS GROUP, INC.**\n\n \n \n \n\nDate:\nJuly 20, 2026\nBy:\n*/s/\nJohn Hilburn Davis IV*\n\n \nName:\nJohn\nHilburn Davis IV\n\n \nTitle:\nPresident\nand Chief Executive Officer"}