Company: SWAGW
Filing Date: 2025-04-14
Form Type: 10-K
Source: 0001213900-25-031596
Chunk: 307

Company: Stran & Company, Inc.
Filing Date: 2025-04-14
Form: 10-K
Item: Item 1A
Chunk 307
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 in the current period. A copy of the Clawback Policy
is filed as Exhibit 97.1 to this Annual Report on Form 10-K.

Pursuant to Rule 10D-1(b) of the Exchange Act,
Nasdaq Listing Rule 5608, and the Clawback Policy, the Company conducted a recovery analysis of incentive-based compensation received
by its executive officers and that was subject to recovery, to ascertain whether any adjustments were required as a result of the error
corrections to the Company’s financial results during the year that are described in Note B to the financial statements included
in our Annual Report on Form 10-K/A for the year ended December 31, 2023, filed by the Company with the SEC on January 22, 2025. The recovery
analysis concluded that no adjustments to executive compensation were required because the error corrections did not impact any of the
measures by which the Company compensated its executives with respect to the compensation received by its executive officers and subject
to recovery.

 ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS.

The following table sets forth certain information
with respect to the beneficial ownership of our common stock as of April 8, 2025 by (i) each of our named executive officers, other executive
officers, and directors; (ii) all of our executive officers and directors as a group; and (iii) each person who is known by us to beneficially
own more than 5% of any class of our voting securities.

    Title of Class 
    Name and Address of Beneficial Owner(1) 
    Amount and Nature of Beneficial Ownership(2)  
    Percent of Class (%)(3) 
  
    Common Stock 
    Andrew Shape 
     3,707,079(4)  
     19.6 
  
    Common Stock 
    David Browner 
     78,000(5)  
     0.4 
  
    Common Stock 
    Andrew Stranberg 
     5,524,523.143(6)  
     29.1 
  
    Common Stock 
    John Audibert 
     188,750(7)  
     1.0 
  
    Common Stock 
    Ian Wall 
     10,000(8)  
     * 
  
    Common Stock 
    Alan Chippindale