{"schema_version":"secwatch.filing_event.v1","accession":"0000947871-23-000839","form_type":"8-K","ticker":"MVST","cik":"0001760689","company_name":"Microvast Holdings, Inc.","filed_at":"2023-08-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.142658+00:00","generated_at":"2026-06-12T02:26:42.277847+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Microvast promotes Zach Ward to President; Shane Smith shifts to CPO role","bullets":["Zach Ward promoted to President effective Aug 3, 2023; succeeds Yang Wu as President, Wu remains CEO and Chairman.","Mr. Ward granted options to purchase 1,000,000 shares at $2.67, vesting over 3 years subject to performance goals.","Annual base salary set at $450,000 under amended employment agreement effective Aug 5, 2023.","Shane Smith transitions from COO to Chief Procurement Officer effective Aug 7, 2023.","Ward previously President of Microvast Energy since Aug 2022; brings over 20 years of energy/tech experience."],"urls":{"canonical":"https://secwatch.observer/filing/0000947871-23-000839","json":"https://secwatch.observer/filing/0000947871-23-000839.json","markdown":"https://secwatch.observer/filing/0000947871-23-000839.md","text":"https://secwatch.observer/filing/0000947871-23-000839.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1760689/000094787123000839/0000947871-23-000839-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1760689/000094787123000839/ss2362436_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T02:26:42.277847+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":"85f8d61a0f","claim":"Zachariah Ward was appointed as President at Microvast Holdings, Inc..","evidence_excerpt":"On August 3, 2023, the Board of Directors (the “Board”) of Microvast Holdings, Inc. (the “Company”) approved the promotion of Zachariah Ward to President of the Company, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1760689/000094787123000839/0000947871-23-000839-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"promoted"},{"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"}