Lucky Strike Entertainment Corporation
02/19/2026 | Press release | Distributed by Public on 02/19/2026 07:37
Management Change/Compensation (Form 8-K)
|
Item 5.02
|
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
|
On February 18, 2026, Lev Ekster notified Lucky Strike Entertainment Corporation (the "Company") of his resignation from his position as President of the Company. The Company appointed Thomas Shannon, its Chairman and Chief Executive Officer, to replace Mr. Ekster as the President of the Company. Mr. Shannon will serve as Chairman, Chief Executive Officer and President of the Company.
In connection with Mr. Ekster's resignation, Mr. Ekster and the Company entered into a Resignation, Severance, and Release Agreement pursuant to which Mr. Ekster's employment with the Company will continue during a transition period and terminate on March 4, 2026. In addition, Mr. Ekster will receive a severance payment of $275,000 and his unvested equity awards whose vesting date or service condition would have been satisfied on or prior to December 31, 2026 will remain outstanding until such date. All of Mr. Ekster's other unvested equity awards will be cancelled pursuant to their terms.
Lucky Strike Entertainment Corporation published this content on February 19, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on February 19, 2026 at 13:37 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]