SpringBig Holdings, Inc. 8-K

What Happened

• SpringBig Holdings, Inc. filed an 8-K disclosing that Jason Moos resigned as Chief Financial Officer effective June 30, 2026. The company and Mr. Moos entered a Key Employee Retention, Transition, and Resignation Agreement on June 29, 2026. Mr. Moos will remain employed through July 11, 2026 and then provide limited transition and consulting services.

Key Details

• Resignation effective date: June 30, 2026; continued employment through July 11, 2026, then consulting/transition services for a limited period.
• Cash payments: one-time retention payment of $50,000; consulting/transition pay of $10,000 per week, including a $37,500 advance.
• The resignation was not due to any disagreement with the company on operations, policies or practices.
• The Transition Agreement includes customary provisions such as a general release of claims, confidentiality, non-disparagement, non-solicitation, non-competition, and cooperation obligations; the full agreement will be filed with the SEC.

Why It Matters

• A CFO transition can affect financial reporting, budgeting and investor communications during the handover period. The filing shows an orderly, compensated transition rather than a sudden departure, and identifies contractual restrictions (e.g., non-compete, release) that may limit Mr. Moos’s activities post-employment. Investors should watch for follow-up filings about a permanent CFO appointment and any related disclosures affecting financial operations.