Company: SWAGW
Filing Date: 2025-04-14
Form Type: 10-K
Source: 0001213900-25-031596
Chunk: 2254

Company: Stran & Company, Inc.
Filing Date: 2025-04-14
Form: 10-K
Item: Item 10
Chunk 2254
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 the directors who are not named executive officers for services rendered
in all capacities during the fiscal year ended December 31, 2024:

    Name 
    Fees Earned or Paid in Cash  
    Stock Awards  
    Option Awards  
    Non-Equity Incentive Plan Compensation Earnings  
    Nonqualified Deferred Compensation Earnings  
    All Other Compensation  
    Total 
  
    Travis McCourt 
    $26,000  
           -(1)  
            -(1)  
           -  
          -  
           -  
    $26,000 

    Alan Chippindale 
    $26,000  
     -(1)  
     -(1)  
     -  
     -  
        
    $26,000 

    Alejandro Tani 
    $20,000  
     -(1)  
     -(1)  
     -  
     -  
     -  
    $20,000 

    Ashley Marshall 
    $20,000  
     -(1)  
     -(1)  
     -  
     -  
     -  
    $20,000 

(1)Each of Travis McCourt, Alan Chippindale, Alejandro Tani
and Ashley Marshall had outstanding option awards consisting of a fully-vested option to purchase up to 5,000 shares of common stock
and outstanding stock awards consisting of 2,892 shares of common stock as of December 31, 2024.

68

Under their independent director agreements, each
director that has been determined to be independent will receive an annual cash fee and an initial award of restricted common stock and
a stock option. We will pay the annual cash compensation fee to each non-employee director in four equal installments no later than the
fifth business day of each calendar quarter commencing in the quarter ending March 31, 2022. We granted the restricted stock and options
to the non-employee directors on November 12, 2021. The cash fee paid to each non-employee director will be $20,000 as to Ms. Marshall
and Mr. Tani, and $26,000 as to Mr. McCourt and Mr. Chippindale. Under their agreements