SharkNinja, Inc. 8-K

What Happened

• SharkNinja, Inc. announced the appointment of Kaitlin Folan (age 43) as the Company’s Principal Accounting Officer and Chief Accounting Officer, effective January 20, 2026. She will report to CFO Adam Quigley, who remains the Company’s Principal Financial Officer. The appointment was disclosed in a Form 8‑K filed January 20, 2026 (Item 5.02).

Key Details

• Base salary: $450,000 per year; annual bonus eligibility up to 40% of base pay (prorated in year one) under the Company’s Global Annual Bonus Plan.
• Signing bonus: $240,000 total, paid in two $120,000 installments (after 90 and 180 days); each installment must be repaid in full if she voluntarily leaves within 24 months after receipt (repayment due within 30 days of termination).
• Long-term incentive: Company will recommend a Q1 2026 RSU award with a fair market value of $1,200,000 (or, at the Company’s discretion, a cash award of equal amount). RSUs would vest over three years in substantially equal annual installments — 30% time‑based and 70% performance‑based, subject to continued employment and performance conditions.
• Background and compliance: Ms. Folan previously served as Chief Accounting Officer at Katapult Holdings (Jul 2024–Jan 2026), VP Financial Accounting at BJ’s Wholesale Club (Apr 2021–Jul 2024), and held roles at PwC (2012–2021). She is a CPA with a BS and MBA from Bentley University. No related‑party transactions or selection arrangements were disclosed. The Company will enter its standard Cayman Islands–law indemnification agreement with her.

Why It Matters

• This is a material executive appointment affecting SharkNinja’s finance leadership: the Company named a new principal accounting officer responsible for accounting and financial reporting oversight. Compensation and equity details (salary, bonus, signing bonus with clawback, and a substantial RSU/cash award) indicate the Company’s investment in the role and potential near‑term dilution or cash expense depending on the form of the award. Investors should note the timing (effective Jan 20, 2026) and the structure of performance‑based RSUs, which tie a large portion of long‑term pay to future performance metrics.