SWRD 8-K: Material agreement

Stewards, Inc.

Filed with the SEC on Nov 12, 2026 · accession 0001663577-26-000339

SWRD filed a 8-K (current report) with the SEC on Nov 12, 2026. Stewards, Inc. entered into Amendment No. 3 to a Promissory Note with FAVO Holdings, LLC, extending the maturity date of a $1.6 million final installment from October 15, 2026 to January 15, 2027, and continuing to waive default interest through that date. The stock moved +2.6% by the first close after the filing.

Summary of the filing

Stewards, Inc. entered into Amendment No. 3 to a Promissory Note with FAVO Holdings, LLC, extending the maturity date of a $1.6 million final installment from October 15, 2026 to January 15, 2027, and continuing to waive default interest through that date. FAVO Holdings is a related party owned by the Company's Chairman Emeritus and its CEO.

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Key details

Original principal amount of Promissory Note$4.7M

Final installment principal amount outstanding$1.6M

Additional interest accruing from October 15, 2026 through January 15, 2027$40K

Issuer/registrantStewards, Inc.

Holder of the promissory note; related partyFAVO Holdings, LLC

Chairman emeritus and former ceo, beneficial owner of >5% of common stockVincent Napolitano

Chief executive officer and directorShaun Quin

Chief financial officerKatuischia Murless

How SWRD stock reacted

Close before

$2.13

Nov 11, 2026

First close after

+2.58%

$2.19

5 trading days

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Since filing

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Frequently asked questions

What did SWRD file with the SEC on Nov 12, 2026?

SWRD filed a 8-K (Material agreement). Stewards, Inc. entered into Amendment No. 3 to a Promissory Note with FAVO Holdings, LLC, extending the maturity date of a $1.6 million final installment from October 15, 2026 to January 15, 2027, and continuing to waive default interest through that date. FAVO Holdings is a related party owned by the Company's Chairman Emeritus and its CEO.

What does a material agreement mean for SWRD stock?

A contract important enough that investors need to know about it — a big customer contract, a loan, a merger agreement or a partnership.

How do I read a 8-K?

A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more. The "Item" number tells you the topic (e.g. 2.02 results, 5.02 executive change, 1.01 new agreement, 1.03 bankruptcy). Exhibits (99.1 press release) usually hold the details.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 8-K (current report): A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more.

How did SWRD stock react to this filing?

SWRD closed at $2.13 before the filing and $2.19 on Nov 12, 2026 (+2.58%).

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