bowl-20260218
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported): February 19, 2026 (February 18, 2026)
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LUCKY STRIKE ENTERTAINMENT CORPORATION
(Exact name of registrant as specified in its charter)
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Delaware | 001-40142 | 98-1632024 | ||||||
(State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification Number) | ||||||
7313 Bell Creek Road Mechanicsville, Virginia 23111 | ||||||||
(Address of principal executive offices and zip code) | ||||||||
(804) 417-2000 | ||||||||
(Registrant's telephone number, including area code) | ||||||||
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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: | ||||||||||||||
Title of each class | Trading Symbol | Name of each exchange on which registered | ||||||||||||
Class A common stock, par value $0.0001 | LUCK | The New York Stock Exchange | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 12b-2 of the Exchange Act.
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 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.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
LUCKY STRIKE ENTERTAINMENT CORPORATION | ||||||||
Date: February 19, 2026 | By: | /s/ Robert M. Lavan | ||||||
Name: | Robert M. Lavan | |||||||
Title: | Chief Financial Officer | |||||||