Brag House Holdings, Inc. has announced a significant corrective action regarding the equity compensation arrangements for its executives, Lavell Juan Malloy II and Daniel Leibovich. On March 18, 2026, the Board of Directors approved a two-step corrective action to address the outstanding stock options held by the executives. This decision comes after the company issued stock options under its 2024 Omnibus Incentive Plan, which were intended to align with the original economic intent of their compensation agreements. The corrective action involves the mutual cancellation of all outstanding stock option awards held by each executive, totaling 1,141,556 shares, and the issuance of an equivalent number of fully vested Restricted Stock Units (RSUs). This move is expected to mitigate unnecessary tax burdens and contingent cash liabilities for both the company and the executives. The Board's decision reflects a proactive approach to ensure that the compensation arrangements are in line with the company's strategic goals and regulatory compliance. The company continues to emphasize its commitment to effective governance and operational execution as it navigates the complexities of executive compensation in a competitive market.

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