Accepted (ET)
4:39 PM
Oct 2, 2026
Filed
Oct 2, 2026
Documents
30
Size
10.2 MB
Summary
Leef Brands Inc.: appoints director Hirsh Jain
What happened
- The filing reports that on Oct 1, 2026 the Board of Leef Brands, Inc. appointed Hirsh Jain as a member of the Board, effective Oct 1, 2026, expanding the Board to 6 directors. Mr. Jain was also appointed chairman of the nomination committee and a member of the audit committee.
- The filing states that on Oct 1, 2026 the Company issued a press release announcing Mr. Jain’s appointment.
Key details
- Mr. Jain is 38 years old and is the chief executive officer of Ananda Strategy, LLC, which he founded in Nov 2020. He previously worked as a government affairs director at Airbnb and as an engagement manager at McKinsey & Company. He holds a B.A. from UC Berkeley and a J.D. from Harvard Law School.
- Term and committees: Mr. Jain will serve until his successor is duly elected and qualified or earlier death, disability, resignation, disqualification or removal; he will serve as chairman of the nomination committee and as a member of the audit committee.
- Compensation: annual cash retainer of $35,000 paid in four equal quarterly installments; initial grant of $50,000 of restricted share units as of Oct 1, 2026 and annual grants of $50,000 on each anniversary; initial nomination committee grant of $10,000 and annual grants of $10,000; initial audit committee grant of $5,000 and annual grants of $5,000. All restricted share units vest over 1 year in 12 equal monthly installments. The Company will reimburse reasonable out-of-pocket expenses.
Why it may matter
- The appointment is reported under Item 5.02 (departure of directors or certain officers; election of directors) and the press release is reported under Item 7.01 (Regulation FD disclosure). This filing does not show why the insider traded or why the company acted.