{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-06-03T20:44:57.583503+00:00","company":{"ticker":"EDUC","cik":31667,"company_name":"EDUCATIONAL DEVELOPMENT CORP"},"pagination":{"limit":100,"returned":6,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","facts":[{"fact_type":"material_agreement","fact_key":"073bbbd68f5ddf4ee71fe0b09f3fcac57a506dfc","cik":31667,"ticker":"EDUC","company_name":"EDUCATIONAL DEVELOPMENT CORP","filed_at":"2026-03-11T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Loan Agreement","agreement_type":"credit_facility","counterparty":"Regent","effective_date":"2026-03-06","item_codes_triggered":["1.01"],"value_text":"principal amount up to $2,000,000"},"claim":"EDUCATIONAL DEVELOPMENT CORP entered into Loan Agreement with Regent valued at principal amount up to $2,000,000 (effective 2026-03-06).","evidence_excerpt":"On March 6, 2026, Educational Development Corporation (the “Company”) executed a Credit Agreement (“Loan Agreement”) with Regent (the “Lender”). The Loan Agreement establishes a revolving promissory note in the principal amount up to $2,000,000 (the “Revolving Loan”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001185185-26-000844","anchor_url":"https://secwatch.observer/filing/0001185185-26-000844#claim-073bbbd68f5ddf4ee71fe0b09f3fcac57a506dfc","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/31667/000118518526000844/0001185185-26-000844-index.htm"},{"fact_type":"executive_change","fact_key":"2bf364138a","cik":31667,"ticker":"EDUC","company_name":"EDUCATIONAL DEVELOPMENT CORP","filed_at":"2025-05-19T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2025-05-14","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Dr. Amy Emerson was appointed as Director at EDUCATIONAL DEVELOPMENT CORP.","evidence_excerpt":"the Board approved Dr. Amy Emerson as a Class III Director","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001185185-25-000515","anchor_url":"https://secwatch.observer/filing/0001185185-25-000515#claim-2bf364138a","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/31667/000118518525000515/0001185185-25-000515-index.htm"},{"fact_type":"executive_change","fact_key":"a993eaeb9f","cik":31667,"ticker":"EDUC","company_name":"EDUCATIONAL DEVELOPMENT CORP","filed_at":"2025-05-19T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2025-05-14","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Steven Hooser was appointed as Director at EDUCATIONAL DEVELOPMENT CORP.","evidence_excerpt":"On May 14, 2025 the Board of Directors of the Company unanimously approved adding Steven Hooser to the Company’s Board of Directors.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001185185-25-000515","anchor_url":"https://secwatch.observer/filing/0001185185-25-000515#claim-a993eaeb9f","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/31667/000118518525000515/0001185185-25-000515-index.htm"},{"fact_type":"executive_change","fact_key":"58bda0f4fb","cik":31667,"ticker":"EDUC","company_name":"EDUCATIONAL DEVELOPMENT CORP","filed_at":"2025-01-14T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2025-01-08","interim":false,"role":"Chairman","role_category":"chair","successor_name":null,"successor_named":false},"claim":"Craig White was appointed as Chairman at EDUCATIONAL DEVELOPMENT CORP.","evidence_excerpt":"On January 8, 2025, the Board unanimously voted Craig White, Chief Executive Officer and President to fill the vacant Chairman position.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001185185-25-000026","anchor_url":"https://secwatch.observer/filing/0001185185-25-000026#claim-58bda0f4fb","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/31667/000118518525000026/0001185185-25-000026-index.htm"},{"fact_type":"executive_change","fact_key":"b44b983d59","cik":31667,"ticker":"EDUC","company_name":"EDUCATIONAL DEVELOPMENT CORP","filed_at":"2025-01-14T23:59:59+00:00","payload":{"action":"resigned","action_category":"departure","departure_tone":"routine","effective_date":"2025-01-08","interim":false,"role":"Director and Chairman","role_category":"chair","successor_name":"Craig White","successor_named":true},"claim":"Randall White resigned as Director and Chairman at EDUCATIONAL DEVELOPMENT CORP.","evidence_excerpt":"On January 8, 2025, at its regularly scheduled quarterly board meeting, the Board was presented notice of Randall White’s resignation from acting Director and Chairman of the Board “Chairman,” effective January 8, 2025.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001185185-25-000026","anchor_url":"https://secwatch.observer/filing/0001185185-25-000026#claim-b44b983d59","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/31667/000118518525000026/0001185185-25-000026-index.htm"},{"fact_type":"executive_change","fact_key":"c397bc5454","cik":31667,"ticker":"EDUC","company_name":"EDUCATIONAL DEVELOPMENT CORP","filed_at":"2024-07-01T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2024-06-28","interim":false,"role":"Class II Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Amy Emerson was appointed as Class II Director at EDUCATIONAL DEVELOPMENT CORP.","evidence_excerpt":"On June 28, 2024 the Board of Directors of the Company unanimously approved adding Dr. Amy Emerson to the Company’s Board of Directors.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001185185-24-000669","anchor_url":"https://secwatch.observer/filing/0001185185-24-000669#claim-c397bc5454","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/31667/000118518524000669/0001185185-24-000669-index.htm"}]}