SN 8-K
SharkNinja, Inc. (SN)
8-K
2026-01-07
For: 2026-01-05
View Original
Added on
April 12, 2026
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
____________________________________________________________
FORM 8-K
____________________________________________________________
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (date of earliest event reported)
____________________________________________________________
(Exact name of registrant as specified in its charter)
____________________________________________________________
| (State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification Number) | ||||||
(Address of principal executive offices and zip code)
(617 ) 243-0235
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading symbol(s) | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On January 5, 2026, Jason Wortendyke was appointed to the Board of Directors (the “Board”) of SharkNinja, Inc. (the “Company”) effective immediately, for a term expiring at the Company’s 2026 annual general meeting, or until his earlier resignation or removal. Mr. Wortendyke was also appointed to serve on the Compensation Committee of the Board (the “Compensation Committee”).
Consistent with the Company’s other non-employee directors, Mr. Wortendyke is eligible to receive an annual cash retainer of $152,000 for his service on the Board, an additional annual cash retainer of $15,000 for his service on the Compensation Committee, and an annual grant of restricted stock units (“RSUs”) on the date of his appointment to the Board having a grant date fair market value equal to $181,342, provided that such annual compensation for Mr. Wortendyke’s first year of service will be prorated for the period beginning on his date of appointment to the Board and ending on the Company’s 2026 annual general meeting. The annual grant of RSUs will vest in full on June 18, 2026, subject to Mr. Wortendyke’s continuous service status through such date.
As it does with all directors and executive officers, the Company will enter into an indemnification agreement with Mr. Wortendyke. The indemnification agreement will require the Company to indemnify Mr. Wortendyke to the fullest extent permissible under Cayman Islands Law. See the Company’s Form of Indemnification Agreement filed with the Securities and Exchange Commission on June 28, 2023 as Exhibit 10.1 to the Company’s Registration Statement on Form F-1.
There is no arrangement or understanding between Mr. Wortendyke and any other person pursuant to which Mr. Wortendyke was selected as a director and there are no related party transactions between the Company and Mr. Wortendyke that are subject to disclosure under Item 404(a) of Regulation S-K.
A copy of the press release issued on January 7, 2026, regarding Mr. Wortendyke’s appointment to the Board and Compensation Committee, is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference into this Item 5.02.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
| Exhibit | Description of Exhibit | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| SHARKNINJA, INC. | ||||||||
| By: | /s/ Pedro J. Lopez-Baldrich | |||||||
Date: January 7, 2026 | Name: Pedro J. Lopez-Baldrich | |||||||
| Title: Chief Legal Officer | ||||||||
Exhibit 99.1
SharkNinja Appoints Jason Wortendyke to its Board of Directors
Distinguished Financial Leader Brings More Than 25 Years of Global Finance and Industrial Experience to SharkNinja’s Board
Needham, Mass. - January 7, 2026 - SharkNinja, Inc. (NYSE: SN), a global product design and technology company, today announced that effective January 5, 2026, Jason Wortendyke, Managing Director and Head of Midwest Investment Banking at Cantor Fitzgerald, has been appointed to its Board of Directors.
With more than 25 years of experience leading strategic transactions across the industrial, consumer, and services sectors, Wortendyke has also held senior leadership roles at other global financial institutions including Citigroup, Credit Suisse, and UBS.
“We are thrilled to welcome Jason to the SharkNinja Board,” said Mark Barrocas, Chief Executive Officer, SharkNinja. “His deep financial acumen, proven leadership across global markets, and understanding of the industrial and consumer sectors will be invaluable as we continue to execute our growth strategy, expand our global footprint, and positively impact even more lives around the world.”
Prior to joining Cantor Fitzgerald in 2024, Wortendyke served as Midwest Market Leader for Citigroup and Global Head of Citi’s Capital Goods & Industrial Technology Investment Banking practice. Previously, he led several businesses within the investment banking division of Credit Suisse, including the firm’s Global Mobility & Services Investment Banking Group and Diversified Industrials, Automotive and Aerospace & Defense Investment Banking Group. Earlier in his career, Wortendyke held leadership positions at Citi in London and Hong Kong and at UBS in Chicago, where he was a founding member of the firm’s office.
“I am honored to join SharkNinja’s Board of Directors at such an exciting time for the company,” said Wortendyke. “SharkNinja’s dedication to innovation and excellence has built two multi-billion-dollar brands that inspire consumer trust and drive long-term shareholder value. I look forward to contributing to the company’s ongoing growth and success.”
Wortendyke received his undergraduate degree from Princeton University in Economics and East Asian Studies. He serves as Vice Chair of the Board of Trustees of The Field Museum in Chicago, and is a member of both the Civic Committee of the Commercial Club of Chicago and the Economic Club of Chicago.
About SharkNinja
SharkNinja is a global product design and technology company, with a diversified portfolio of 5-star rated lifestyle solutions that positively impact people’s lives in homes around the world. Powered by two trusted, global brands, Shark and Ninja, the company has a proven track record of bringing disruptive innovation to market and developing one consumer product after another has allowed SharkNinja to enter multiple product categories, driving significant growth and market share gains. Headquartered in Needham, Massachusetts with more than 3,600 associates, the company’s products are sold at key retailers, online and offline, and through distributors around the world. For more information, please visit sharkninja.com.