|8-KFeb 23, 9:27 AM ET

STURM RUGER & CO INC 8-K

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Sturm, Ruger & Co. Reports Board Retirements; Elects Three Directors

What Happened
Sturm, Ruger & Company, Inc. filed an 8‑K reporting that on February 22, 2026 three directors — Sandra Froman, Christopher Killoy and Rebecca Halstead — retired from the Board. That same day the Board elected Aaron Rivers, Stephen Timm and Lorin Cassidy Wolfe to fill the resulting vacancies, effective immediately.

Key Details

  • Retirements effective February 22, 2026: Sandra Froman, Christopher Killoy, Rebecca Halstead. The filing states none retired due to disagreements with the Company.
  • New directors elected effective February 22, 2026: Aaron Rivers (current CEO, Dakkota Integrated Systems), Stephen Timm (previously President, Collins Aerospace), Lorin Cassidy Wolfe (VP, Business System, Johnson Controls).
  • The Board determined each new director is "independent" under NYSE rules and the Company’s governance guidelines.
  • No special arrangements or transactions were disclosed relating to their elections; they will receive standard non‑management director compensation as described in the Company’s April 17, 2025 Proxy Statement. Committee assignments have not yet been made.

Why It Matters
Board composition changes are a direct governance event investors track because they can affect oversight and strategic guidance. This filing confirms a board refresh with three new independent, senior executives from manufacturing/aerospace/industrial backgrounds, no reported disagreements with management, and no special compensation arrangements — factors that speak to a routine, orderly transition rather than a governance dispute.