Accepted (ET)
8:04 AM
Oct 20, 2026
Filed
Oct 20, 2026
Documents
13
Size
186.7 KB
Summary
Title: Suja Life, Inc.: appoints 2 directors, board increases to 9
Short description: Suja Life, Inc. filed an 8-K reporting that it added 2 directors and issued a press release on Oct 20, 2026.
Summary:
What happened
- The filing says that on Oct 16, 2026 the board increased from 7 to 9 members and appointed Robert B. Engel and Zahir Ibrahim, effective immediately. Mr. Engel will serve as a Class I director until the annual meeting of stockholders in 2027 and Mr. Ibrahim will serve as a Class II director until the annual meeting of stockholders in 2028. The filing says Mr. Engel was also appointed to the audit committee.
Key details
- Each new director was designated by affiliates of Paine Schwartz Partners, LLC under a director designation agreement dated May 8, 2026.
- Compensation for non-employee directors follows the company policy: an annual cash retainer of $75,000 and an annual restricted stock unit award with a grant date fair value of $100,000, prorated for time of service.
- The filing says the company entered into indemnification agreements with each new director in the same form as existing director agreements.
- The filing says the company issued a press release on Oct 20, 2026 announcing the board appointments (furnished as Exhibit 99.1).
Why it may matter
- Item 5.02 (departure of directors or certain officers; election of directors) was reported and covers the appointment and terms of the two new directors and related committee and compensation arrangements. Item 7.01 (regulation FD disclosure) was reported for the press release furnishing.
- This filing does not show why the insider traded or why the company acted.