Company: SWAGW
Filing Date: 2025-01-22
Form Type: 10-K/A
Source: 0001213900-25-005516
Chunk: 193

Company: Stran & Company, Inc.
Filing Date: 2025-01-22
Form: 10-K/A
Chunk 193
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                              |     | Total     
 Number of 
 Shares    
 Purchased |           |     | Average  
 Price    
 Paid per 
 Share    |      |     | Total        
 Number of    
 Shares       
 Purchased as 
 Part of      
 Publicly     
 Announced    
 Plans or     
 Programs     |           |     | Maximum      
 Approximate  
 Dollar Value 
 of Shares    
 that May Yet 
 be Purchased 
 Under the    
 Plans or     
 Programs     |       |
|:------------------------------------|:----|:----------|----------:|:----|:---------|-----:|:----|:-------------|----------:|:----|:-------------|------:|
| January 1, 2022 - December 31, 2022 |     |           | 1,777,657 |     | $        | 1.87 |     |              | 1,777,657 |     | $            | 6,668 |
| January 1, 2023 – December 31, 2023 |     |           |    37,509 |     | $        | 1.32 |     |              | 1,815,166 |     | $            | 6,618 |

| P. | STOCK-BASED COMPENSATION: |

In November 2021, the Board of Directors
adopted the Amended and Restated 2021 Equity Incentive Plan (the “2021 Plan”) which provides for the granting of non-qualified
stock options and restricted stock to the Company’s employees, officers, directors, and outside consultants to purchase shares
of the Company’s common stock. The number of shares of common stock available for issuance under the 2021 Plan is shares
of common stock.

|                  |     |           | December 31, 
         2023 |     |           | December 31, 
         2022 |
|:-----------------|:----|:----------|-------------:|:----|:----------|-------------:|
|                  |     | -Restated |              |     | -Restated |              |
| Stock options    |     | $         |           49 |     | $         |          161 |
| Restricted stock |     |           |          151 |     |           |          170 |
|                  |     | $         |          200 |     | $         |          331 |

All stock-based compensation expense is recorded in General and Administrative expense in the Statement of