01—Abstract
Summary
Summary of the 8-K filed January 20, 2026. Cited figures are marked; the original filing is the authoritative source.
SharkNinja, Inc. filed this Current Report on Form 8-K dated January 20, 2026 to disclose the appointment of Kaitlin Folan as Principal Accounting Officer, effective January 20, 2026.
Under Item 5.02, Ms. Folan, age 43, will assume the role of Chief Accounting Officer and will report to Adam Quigley, the Company's Chief Financial Officer, who will continue to serve as Principal Financial Officer. She is a certified public accountant and previously served as Chief Accounting Officer of Katapult Holdings, Inc. (July 2024 to January 2026), Vice President, Financial Accounting at BJ's Wholesale Club (April 2021 to July 2024), and in various roles at PricewaterhouseCoopers, LLP (October 2012 to April 2021). The filing sets out her compensation under an offer letter with SharkNinja Operating LLC: an annual base salary of $450,000,a an annual bonus eligibility of up to 40% of base salary under the Global Annual Bonus Plan (prorated in the first year), and a one-time signing bonus of $240,000 paid in two $120,000 installments, subject to continued employment and full repayment if she voluntarily leaves within 24 months of receiving an installment.
She is also expected to receive a long-term incentive RSU award with a fair market value of $1,200,000,b recommended in the first quarter of 2026 and subject to Compensation Committee approval, vesting over three years with 30% time-based and 70% performance-based. The Company may instead pay a cash award of $1,200,000 in its sole discretion.
The filing also states that Ms. Folan will enter into the Company's standard indemnification agreement, that there is no arrangement under which she was selected as an officer, no family relationship with any executive officer or director, and no related party transactions requiring disclosure under Item 404(a) of Regulation S-K. The filing lists the offer letter dated December 12, 2025 as Exhibit 10.1 and the Cover Page Interactive Data File as Exhibit 104.
02—Key points
Key Highlights
- Kaitlin Folan appointed Principal Accounting Officer, assuming the Chief Accounting Officer role effective January 20, 2026
- Ms. Folan reports to CFO Adam Quigley, who remains Principal Financial Officer
- Base salary of $450,000 with annual bonus eligibility of up to 40% of base salary under the Global Annual Bonus Plan
- One-time signing bonus of $240,000 paid in two $120,000 installments at 90 and 180 days, subject to a 24-month clawback on voluntary departure
- Expected long-term incentive RSU award with a fair market value of $1,200,000, recommended in Q1 2026 and subject to Compensation Committee approval, with 30% time-based and 70% performance-based vesting over three years
- Prior experience includes Chief Accounting Officer at Katapult Holdings, Vice President of Financial Accounting at BJ's Wholesale Club, and PricewaterhouseCoopers
- No related party transactions, family relationships, or selection arrangements disclosed
03—Questions
Frequently Asked Questions
Who is Kaitlin Folan and what is her role at SharkNinja?
Kaitlin Folan, age 43, is a certified public accountant who was appointed Principal Accounting Officer effective January 20, 2026, and will serve as Chief Accounting Officer. She reports to CFO Adam Quigley, who continues as Principal Financial Officer.
What is her compensation package?
The offer letter provides a $450,000 annual base salary, annual bonus eligibility of up to 40% of base salary under the Global Annual Bonus Plan (prorated in her first year), a $240,000 one-time signing bonus paid in two installments, and a long-term incentive RSU award with a fair market value of $1,200,000 subject to Compensation Committee approval. The Company may substitute a $1,200,000 cash award in its sole discretion.
What are the terms of the signing bonus?
The $240,000 signing bonus is paid in two $120,000 installments, the first after 90 days of employment and the second after 180 days, subject to continued employment in good standing. Each installment must be fully repaid if she voluntarily leaves within 24 months after receiving it, with repayment due within 30 days of termination.
How will the long-term equity award vest?
The $1,200,000 RSU award is expected to vest over three years in substantially equal annual installments. 30% is time-based, subject to continued employment, and 70% is performance-based, subject to performance conditions set by the Compensation Committee and continued employment.
Does the filing disclose any conflicts or related party dealings?
No. The filing states there is no arrangement or understanding under which she was selected, no family relationship with any executive officer or director, and no related party transactions subject to disclosure under Item 404(a) of Regulation S-K.
04—Continue