GrabAGun Digital (PEW) Announces CFO Retirement and New CFO
$PEW · GrabAGun Digital Holdings Inc.Research Summary
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GrabAGun Digital (PEW) Announces CFO Retirement and New CFO
What Happened GrabAGun Digital Holdings Inc. announced on August 13, 2026 that long-time CFO Justin Hilty will resign as Chief Financial Officer effective August 14, 2026 and retire from the company after a transitional period ending September 1, 2026. The company also named Jonathan Terry as its new Chief Financial Officer, principal accounting officer and principal financial officer, effective August 14, 2026; Mr. Terry’s employment began August 10, 2026.
Key Details
- Justin Hilty’s resignation/retirement was not due to any dispute or disagreement with the company’s operations, policies or financial matters.
- Jonathan Terry’s compensation: $400,000 annual base salary; annual performance bonus target 60% of base (maximum payout 120%); up to $40,000 relocation assistance.
- Equity award: $300,000 in restricted stock units (RSUs) granted August 10, 2026, vesting in three equal installments on Aug 10, 2027, 2028 and 2029, subject to continued employment.
- Termination protections: If terminated without Cause (and after a general release), Terry is entitled to 12 months’ base salary, a pro‑rated annual bonus for the year of termination based on actual performance, and 6 months’ continuation of benefits. Employment agreement includes 1‑year non‑compete and 2‑year non‑solicit restrictions.
- Background: Terry, 50, most recently was VP, Global Finance at YETI (through May 2026) and previously served as CFO at Outschool, Outdoorsy/Roamly and RetailMeNot, with earlier finance roles at Arrow Electronics and Dell.
Why It Matters This 8‑K signals a planned leadership transition at GrabAGun’s finance function with an experienced retail/digital marketplace finance executive stepping in as CFO. For investors, notable items are the new CFO’s compensation package (base salary, bonus opportunity, RSUs and potential severance) and the smooth transition language (no dispute cited), which suggest continuity in financial management and reporting. The RSU grant and any severance payments are material to executive compensation expense and cash planning, while the new CFO’s background in consumer and digital businesses may influence financial strategy going forward.