{"url_path":"/sec/jfb/10-q/2026/item-5","section_key":"item-5","section_title":"Item 5 OTHER INFORMATION","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-14","source_url":"https://www.sec.gov/Archives/edgar/data/2024306/0001193125-26-224006-index.html","accession_number":"0001193125-26-224006","cik":"0002024306","ticker":"JFB","issuer_name":"JFB Construction Holdings","edgar_url":"https://www.sec.gov/Archives/edgar/data/2024306/0001193125-26-224006-index.html","primary_entity_key":"0002024306","primary_entity_name":"JFB Construction Holdings"},"word_count":236,"has_tables":true,"body_markdown":"ITEM 5. OTHER INFORMATION\n\n(a) Item 5.02 Departure of Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.\n\n \n\nOn February 13, 2026, Bjarne Borg resigned from his position as a member of the Board of Directors of JFB Construction Holdings and from all committees of the Board, effective immediately. Mr. Borg’s resignation was not the result of any disagreement with management or the Board on any matter relating to the Company’s operations, policies, or practices.\n\n \n\nOn February 13, 2026, the Board, upon the recommendation of the Nominating and Corporate Governance Committee, appointed Stefan Passantino to serve as a member of the Board, effective immediately. The Board also appointed Mr. Passantino to the Audit Committee, Compensation Committee, and Nominating and Corporate Governance Committee.The Board affirmatively determined that Mr. Passantino is an independent director under applicable Nasdaq listing standards.The Board believes that Mr. Passantino’s scholarship and experience make him well‑qualified to help lead the Company toward continued growth and success. Mr. Passantino does not have any family relationship with any current officer or director of the Company.There are no related party transactions with respect to Mr. Passantino that are reportable under Item 404(a) of Regulation S‑K. As compensation for his service as a member of the Board, Audit Committee, and Nominating and Corporate Governance Committee, Mr. Passantino will receive equity‑based compensation on the same terms as other independent members of the Board.\n\n33"}