{"url_path":"/sec/sbig/8-k/2026-07-16/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Certain Officers; Election of","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-16","source_url":"https://www.sec.gov/Archives/edgar/data/1801602/0001213900-26-078753-index.html","accession_number":"0001213900-26-078753","cik":"0001801602","ticker":"SBIG","issuer_name":"SpringBig Holdings, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1801602/0001213900-26-078753-index.html","primary_entity_key":"0001801602","primary_entity_name":"SpringBig Holdings, Inc."},"word_count":302,"has_tables":true,"body_markdown":"** **\n\n**Item 5.02 Departure of Directors or Certain Officers; Election of\nDirectors; Appointment of Certain Officers; Compensatory Arrangements with Certain Officers.**\n\n** **\n\n(d) Appointment of Director\n\n \n\nOn July 10, 2026, the Board of Directors (the\n“Board”) of the Company appointed Andrew Jay Glashow to fill a vacancy on the Board, effective immediately. Pursuant to the\nCompany’s bylaws, the Board is divided into three classes, and Mr. Glashow will serve as the Company’s Class I director,\nwith a term expiring at the next annual meeting of stockholders at which Class I directors are to be elected.\n\n \n\n1\n\n \n\n \n\n(c) Appointment of Chief Executive Officer\n\n \n\nOn July 10, 2026, the Board appointed Mr. Glashow,\nage 63, as Chief Executive Officer of the Company, effective immediately. Mr. Glashow qualifies as an “audit committee financial\nexpert” and has 25 years of experience in the capital markets and in all phases of business start-up and growth, including feasibility\nstudies, business plans, equity and debt funding, private placements, reverse mergers, and IPOs. Since March 2024, Mr. Glashow has served\nas a director and chair of the audit committee of Leef Brands, Inc. Since August 2025, Mr. Glashow has served as an advisor to vSee Health,\nInc. (NASDAQ: VSEE) and since April 2026, Mr. Glashow has served as an advisor to OKMIN Resources Inc. From July 2017 to August 2025,\nMr. Glashow served as Chief Executive Officer of CLS Holdings, Inc. (formerly OTCQB: CLSH).\n\n \n\n(e) Compensatory Arrangements\n\n \n\nMr. Glashow will receive an annual base salary\nof $125,000, payable as follows: $10,000 upon appointment as Chief Executive Officer, and $2,500 per month thereafter, with the balance\npayable in arrears no later than the first anniversary of his appointment as Chief Executive Officer. Mr. Glashow will also be entitled\nto receive a performance bonus in the event that the company consummates a strategic transaction."}