Business Context and Reporting Period
This Form 8-K Current Report was filed by GrabAGun Digital Holdings Inc. on August 10, 2026, covering events reported on August 13, 2026. The filing details significant executive leadership changes within the company's finance department.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity metrics. The document focuses exclusively on personnel changes and executive compensation arrangements.
Material Changes
- Departure of CFO: Justin Hilty resigned as Chief Financial Officer, principal accounting officer, and principal financial officer, effective August 14, 2026. He will serve in a transitional role until September 1, 2026, before retiring. The departure was not due to any dispute regarding operations, policies, or financial statements.
- Appointment of New CFO: Jonathan Terry was appointed as the new Chief Financial Officer, principal accounting officer, and principal financial officer, effective August 14, 2026.
Management Commentary, Compensation, and Risks
New Executive Compensation (Jonathan Terry)
- Base Salary: $400,000 annually.
- Performance Bonus: Target of 60% of base salary with a maximum potential of 120%.
- Equity Award: $300,000 in Restricted Stock Units (RSUs) granted on August 10, 2026, vesting in three equal annual installments (2027, 2028, 2029).
- Relocation: Up to $40,000 in assistance.
- Severance: In the event of termination without Cause, Mr. Terry is entitled to 12 months of base salary, a pro-rated annual bonus, and six months of benefits continuation.
- Restrictions: One-year non-competition and two-year non-solicitation clauses apply post-termination.
Risks and Contingencies
The filing explicitly states there are no disputes regarding financial controls or statements related to the outgoing CFO's departure. No other material risks or contingencies are disclosed in this specific report.
Investor Verification Checklist
- Verify the transition timeline to ensure continuity of financial reporting between August 14 and September 1, 2026.
- Review the full text of the Employment Agreement (Exhibit 10.1) for specific definitions of "Cause" and performance metrics for the bonus.
- Confirm the impact of the $300,000 RSU grant on the company's share count and dilution.
- Monitor future filings for the first financial report prepared under the new CFO's oversight.