{"schema_version":"secwatch.filing_event.v1","accession":"0000832480-23-000005","form_type":"8-K","ticker":"UTGN","cik":"0000832480","company_name":"UTG INC","filed_at":"2023-02-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.218220+00:00","generated_at":"2026-06-19T01:06:22.732560+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"President and Director James Rousey retires; CEO Jess Correll assumes President role","bullets":["James Rousey resigned as President of UTG, Inc. and Universal Guaranty Life Insurance Company, effective Feb 21, 2023.","Rousey also resigned as Director of both entities; Board accepted resignation on Feb 22, 2023.","CEO and Chairman Jess Correll will initially assume the title of President."],"urls":{"canonical":"https://secwatch.observer/filing/0000832480-23-000005","json":"https://secwatch.observer/filing/0000832480-23-000005.json","markdown":"https://secwatch.observer/filing/0000832480-23-000005.md","text":"https://secwatch.observer/filing/0000832480-23-000005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/832480/000083248023000005/0000832480-23-000005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/832480/000083248023000005/utg8k2242023.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T01:06:22.732560+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"227e58d58d","claim":"James Rousey retired as President at UTG INC.","evidence_excerpt":"he retired as President of UTG, Inc. and its subsidiary, Universal Guaranty Life Insurance Company as well as his position as a Director of both entities.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/832480/000083248023000005/0000832480-23-000005-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"President"}],"fact_type":"executive_change"},{"claim_id":"9824f2fc24","claim":"James Rousey retired as Director at UTG INC.","evidence_excerpt":"he retired as President of UTG, Inc. and its subsidiary, Universal Guaranty Life Insurance Company as well as his position as a Director of both entities.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/832480/000083248023000005/0000832480-23-000005-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"a57d45f28a","claim":"Jess Correll was appointed as President at UTG INC.","evidence_excerpt":"Mr. Jess Correll, CEO and Chairman of the Board of the companies, will assume the title of President initially.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/832480/000083248023000005/0000832480-23-000005-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"assumed"},{"label":"Role","value":"President"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}