SharkNinja, Inc. 8-K

What Happened
SharkNinja, Inc. announced the appointment of Jason Wortendyke to its Board of Directors effective January 5, 2026; he also joins the Board’s Compensation Committee. His board term runs until the company’s 2026 annual general meeting (or earlier resignation/removal). The company will enter into its standard indemnification agreement with Mr. Wortendyke under Cayman Islands law.

Key Details

• Appointment date: January 5, 2026; term expires at the 2026 annual general meeting.
• Cash compensation: annual board retainer of $152,000 (prorated for his first year).
• Committee pay: additional $15,000 annual cash retainer for service on the Compensation Committee.
• Equity award: one-time grant of restricted stock units (RSUs) valued at $181,342 on appointment; RSUs vest in full on June 18, 2026, subject to continued service.
• No related-party transactions or third‑party arrangements were reported regarding his selection.

Why It Matters
This filing updates investors on a governance change and the associated director compensation. The appointment affects board composition and compensation expense (prorated cash retainer and an RSU grant that vests mid-2026). The indemnification agreement and absence of related-party disclosures mean the appointment appears routine and aligned with SharkNinja’s existing director practices.