BigBear.ai Reports Director Changes and Compensation Updates
Ticker: BBAI-WT · Form: 8-K · Filed: Oct 14, 2025 · CIK: 1836981
| Field | Detail |
|---|---|
| Company | Bigbear.Ai Holdings, INC. (BBAI-WT) |
| Form Type | 8-K |
| Filed Date | Oct 14, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001, $11.50, $420,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, executive-compensation, board-of-directors
Related Tickers: BB AI
TL;DR
BigBear.ai (BB AI) filed an 8-K on Oct 14, 2025, detailing board changes and executive pay adjustments.
AI Summary
On October 14, 2025, BigBear.ai Holdings, Inc. filed an 8-K to report changes in its board of directors and executive compensation arrangements. The filing details the election of new directors and updates to compensatory plans for its officers, reflecting ongoing corporate governance adjustments.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, and future performance expectations.
Risk Assessment
Risk Level: medium — Changes in board and executive compensation can indicate internal shifts that may impact future strategy and performance.
Key Players & Entities
- BigBear.ai Holdings, Inc. (company) — Registrant
- October 14, 2025 (date) — Date of Report
- Delaware (jurisdiction) — State of Incorporation
- 7950 Jones Branch Drive (address) — Business Address
FAQ
What specific items are being reported in this 8-K filing by BigBear.ai Holdings, Inc.?
This 8-K filing reports on the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements of certain officers.
What is the exact date of the earliest event reported in this filing?
The date of the earliest event reported is October 14, 2025.
In which state was BigBear.ai Holdings, Inc. incorporated?
BigBear.ai Holdings, Inc. was incorporated in Delaware.
What is the business address of BigBear.ai Holdings, Inc. as listed in the filing?
The business address is 7950 Jones Branch Drive, McLean, VA 22102.
What was the former name of BigBear.ai Holdings, Inc. before its name change?
The former name of BigBear.ai Holdings, Inc. was GigCapital4, Inc., with the name change occurring on December 17, 2020.
Filing Stats: 808 words · 3 min read · ~3 pages · Grade level 11.2 · Accepted 2025-10-14 16:52:48
Key Financial Figures
- $0.0001 — s) on which registered Common stock, $0.0001 par value BBAI New York Stock Exchange
- $11.50 — of common stock at an exercise price of $11.50 per share BBAI.WS New York Stock Exchan
- $420,000 — ation: (i) an annualized base salary of $420,000; (ii) eligibility to participate in the
Filing Documents
- bbai-20251014.htm (8-K) — 35KB
- rickerofferoctober92025w.htm (EX-10.1) — 7KB
- rickerofferoctober92025w001.jpg (GRAPHIC) — 177KB
- rickerofferoctober92025w002.jpg (GRAPHIC) — 194KB
- 0001836981-25-000015.txt ( ) — 719KB
- bbai-20251014.xsd (EX-101.SCH) — 3KB
- bbai-20251014_def.xml (EX-101.DEF) — 16KB
- bbai-20251014_lab.xml (EX-101.LAB) — 29KB
- bbai-20251014_pre.xml (EX-101.PRE) — 17KB
- bbai-20251014_htm.xml (XML) — 4KB
From the Filing
bbai-20251014 UNITED STATES 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) October 14, 2025 ________________________________________________________ BigBear.ai Holdings, Inc. (Exact name of Registrant as Specified in its Charter) ________________________________________________________ Delaware 001-40031 85-4164597 (State or Other Jurisdiction of (Commission (IRS Employer Incorporation) File Number) Identification Number) 7950 Jones Branch Drive , First Floor, North Tower McLean , VA 22102 (Address of principal executive offices) (Zip Code) ( 410 ) 312-0885 (Registrant's telephone number, including area code) N/A (Former name or former address, if changed since last report) ________________________________________________________ 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: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Trading Name of each exchange Title of each class Symbol(s) on which registered Common stock, $0.0001 par value BBAI New York Stock Exchange Redeemable warrants, each full warrant exercisable for one share of common stock at an exercise price of $11.50 per share BBAI.WS New York Stock Exchange 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 x 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 October 14, 2025, the Board of Directors (the "Board") of BigBear.ai Holdings, Inc., a Delaware corporation (the "Corporation"), appointed Sean R. Ricker as Chief Financial Officer. Mr. Ricker served as interim Chief Financial Officer since June 6, 2025. In connection with Mr. Ricker's election as Chief Financial Officer and pursuant to his offer letter dated October 9, 2025 (the "Offer Letter"), Mr. Ricker will be entitled to the following compensation: (i) an annualized base salary of $420,000; (ii) eligibility to participate in the Corporation's short-term incentive program with an annual bonus target of 100% of his base compensation; (iii) a retention award in the form of 200,000 Restricted Stock Units, which are scheduled to vest as follows: 50% on the first anniversary of the grant date, and 50% on the second anniversary of the grant date; (iv) beginning in 2025 and subject to Compensation Committee approval, a recurring annual grant estimated to be valued at 100% of base compensation and split (at the Compensation Committee's discretion) between restricted stock units, performance stock units, stock options and other long-term incentive vehicles; and (v) eligibility to participate in the Corporation's employee benefit plans and programs in accordance with the terms and conditions of the applicable plans and programs. Mr. Ricker, age 38, previously served as the Corporation's Chief Accounting Officer from August 2022 to June 2025. He had previously served as Corporate Controller since April 2021. Prior to that, Mr. Ricker was a Director at MorganFranklin Consulting (now Highspring) from 2019-2021. As the Chief Accounting Officer, Mr. Ricker previously signed the Company's standard indemnification agreement. In connection with his election as Chief Financial Officer, Mr. Ricker shall continue to serve as the Corporation's principal accounting officer. There are no arrangements or understandings between Mr. Ricker and any other person pursuant to which Mr. Ricker was appointed as Chief Financial Officer. There are no family relationships among any of the Corporation's directors or executive officers and Mr. Ricker. The foregoing description of the Offer Letter is qualified in its entirety by reference to the complete text of the Offer Letter, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incor