VirTra, Inc 8-K
Research Summary
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VirTra, Inc. (VTSI) Director Resigns; New Audit Chair Appointed
What Happened VirTra, Inc. filed an 8-K (Feb 17, 2026) reporting that director Jeffrey D. Brown resigned from the Board effective February 16, 2026. Mr. Brown had served as a director since 2011 and was chair of the Audit Committee and a member of the Compensation and Nominating and Corporate Governance Committees. The filing states Mr. Brown cited personal reasons and that there were no disagreements with the company regarding its operations, policies, or practices. Also effective February 16, 2026, Grant Barber was elected to fill the vacancy; he will chair the Audit Committee and serve on the Compensation and Nominating and Corporate Governance Committees.
Key Details
- Resignation effective: February 16, 2026 (Jeffrey D. Brown).
- Director tenure: Brown served on the Board since 2011.
- Replacement: Grant Barber elected February 16, 2026; previously on VirTra’s Advisory Board since November 2025.
- Committee roles: Barber will chair the Audit Committee and join the Compensation and Nominating and Corporate Governance Committees; filing notes he has extensive financial experience including prior CFO positions.
Why It Matters A change in Audit Committee leadership is material for investors because that committee oversees financial reporting and audit processes. The company replaced a long-serving director and audit chair with a new director who has significant financial and CFO experience, which may maintain continuity in financial oversight. The filing also explicitly states there were no disagreements with the departing director, indicating the change was for personal reasons rather than a governance dispute.