Planet 13 Holdings Inc. 8-K

What Happened
Planet 13 Holdings Inc. announced that, effective April 24, 2026, its Board of Directors unanimously appointed Nancy Saitta and Leilani Bradford to fill two newly created seats on the Board. Both appointees were determined by the Board to be independent and were named to the Audit Committee, Compensation Committee and Corporate Governance and Nominating Committee. They will be paid for their service as non-employee directors under the same compensation arrangements that apply to the company’s other non-employee directors.

Key Details

• Effective date: April 24, 2026.
• New directors: Nancy Saitta and Leilani Bradford.
• Committee assignments: Audit Committee, Compensation Committee, Corporate Governance and Nominating Committee (for both).
• Independence and conflicts: Board determined both are independent; no related-person transactions or arrangements requiring disclosure were reported.

Why It Matters
Adding two independent directors expands the Board and places both on committees that oversee financial reporting, executive compensation and governance—areas important for investor oversight. The filing reports no conflicts or related-party transactions tied to these appointments, which is a positive governance signal for shareholders.