{"schema_version":"secwatch.filing_event.v1","accession":"0000844059-24-000036","form_type":"8-K","ticker":"FRPH","cik":"0000844059","company_name":"FRP HOLDINGS, INC.","filed_at":"2024-05-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.126848+00:00","generated_at":"2026-06-02T01:36:32.238692+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"FRP Holdings appoints John D. Baker III as CEO, Matthew C. McNulty as CFO; CEO Baker II retires but remains Chairman","bullets":["John D. Baker II retired as CEO effective May 8, 2024, remains Chairman; son John D. Baker III (age 39, former CFO) appointed CEO and director.","New CEO John D. Baker III receives base salary $355,100, bonus up to 100%, stock and option grants with performance vesting.","David H. deVilliers III (age 46, former Exec VP) appointed COO; deVilliers Jr. remains President and Vice Chairman.","Matthew C. McNulty (age 50, ex-Patriot CFO) appointed CFO effective May 31, 2024; prorated base salary $290,000, bonus up to 60%.","McNulty receives equity grants totaling $325,000 in value, with multi-year cliff and performance vesting."],"urls":{"canonical":"https://secwatch.observer/filing/0000844059-24-000036","json":"https://secwatch.observer/filing/0000844059-24-000036.json","markdown":"https://secwatch.observer/filing/0000844059-24-000036.md","text":"https://secwatch.observer/filing/0000844059-24-000036.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/844059/000084405924000036/0000844059-24-000036-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/844059/000084405924000036/frphappoint_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T01:36:32.238692+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":"027913c7ec","claim":"David H. deVilliers, Jr. resigned as Chief Operating Officer at FRP HOLDINGS, INC..","evidence_excerpt":"David H. deVilliers, Jr., President and Chief Operating Officer of the Company and Vice Chairman of the Board of Directors, resigned from his position as Chief Operating Officer","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/844059/000084405924000036/0000844059-24-000036-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Operating Officer"}],"fact_type":"executive_change"},{"claim_id":"19c9b9b525","claim":"John D. Baker III was appointed as Chief Executive Officer at FRP HOLDINGS, INC..","evidence_excerpt":"the Board of Directors unanimously appointed John D. Baker III as the Company’s Chief Executive Officer, effective immediately","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/844059/000084405924000036/0000844059-24-000036-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"542f1da8b5","claim":"David H. deVilliers, III was appointed as Chief Operating Officer at FRP HOLDINGS, INC..","evidence_excerpt":"the Board of Directors unanimously appointed David H. deVilliers, III as the Chief Operating Officer of the Company","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/844059/000084405924000036/0000844059-24-000036-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Operating Officer"}],"fact_type":"executive_change"},{"claim_id":"5cf693e1da","claim":"John D. Baker III was appointed as Director at FRP HOLDINGS, INC..","evidence_excerpt":"voted to expand the size of the Board of Directors by one seat and appointed John D. Baker III as a director","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/844059/000084405924000036/0000844059-24-000036-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"d276386785","claim":"John D. Baker II retired as Chief Executive Officer at FRP HOLDINGS, INC..","evidence_excerpt":"John D. Baker II, Chief Executive Officer and Chairman of the Board of Directors of FRP Holdings, Inc. (the “ Company ”) announced his retirement from his position as Chief Executive Officer, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/844059/000084405924000036/0000844059-24-000036-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"df39cfc788","claim":"Matthew C. McNulty was appointed as Chief Financial Officer at FRP HOLDINGS, INC..","evidence_excerpt":"the Board of Directors unanimously appointed Matthew C. McNulty as the Company’s Chief Financial Officer. His employment will be effective May 31, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/844059/000084405924000036/0000844059-24-000036-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}