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AI brief of an SEC Form 8-K · Cardlytics, Inc. (CDLX)

Cardlytics settles former Bridg CEO's indemnification claim for $6.4 million

Neutral Impact 2 of 5 legal/regulatory Written later

Cardlytics agreed on September 4, 2026 to settle a claim by Amit Jain, former Bridg founder and CEO, for $6.4 million, covering his share of a California settlement and related legal fees. The amount matches the $6.5 million the company had already accrued as of June 30, 2026, so the filing describes no new charge, and the company says it is seeking insurance reimbursement.

Key points

  • Settlement agreement dated September 4, 2026 resolves Jain's claim for $6.4 million in total.
  • The total includes $5.3 million for his allocated portion of the DailyGobble Action settlement and $1.1 million in legal fees.
  • The amount is consistent with the $6.5 million accrual recorded as of June 30, 2026.
  • Cardlytics is seeking insurance reimbursement for some of the costs.

The filing

CompanyCardlytics, Inc. (CDLX)
Form8-K, current report
Filed with the SECSep 11, 2026, 9:01 AM ET
Accession number0001628280-26-061459

Items reported: 1.01 Material Definitive Agreement

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 11, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.