{"schema_version":"secwatch.filing_event.v1","accession":"0000950103-25-004679","form_type":"8-K","ticker":null,"cik":"0000728391","company_name":"IPALCO ENTERPRISES, INC.","filed_at":"2025-04-10T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.119187+00:00","generated_at":"2026-05-23T17:45:34.936011+00:00","sec_items":["1.01","5.02","5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"IPALCO expands board to 16; appoints four new directors under amended shareholders' agreement","bullets":["Board size increased from 11 to 16 effective April 4, 2025; AES U.S. Investments nominates 13, CDP nominates 3.","New directors Brandi Davis-Handy, Sherry Kohan, Thomas A. Raga, and Margaret Tigre elected by unanimous consent.","Amendment adjusts director nomination rights based on shareholder ownership thresholds (e.g., 17.65% threshold).","Change aligns IPALCO's governance with updated Shareholders' Agreement and Bylaws."],"urls":{"canonical":"https://secwatch.observer/filing/0000950103-25-004679","json":"https://secwatch.observer/filing/0000950103-25-004679.json","markdown":"https://secwatch.observer/filing/0000950103-25-004679.md","text":"https://secwatch.observer/filing/0000950103-25-004679.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/728391/000095010325004679/0000950103-25-004679-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/728391/000095010325004679/dp227256_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T17:45:34.936011+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":"584d9cac89","claim":"Thomas A. Raga was elected as director at IPALCO ENTERPRISES, INC..","evidence_excerpt":"the Shareholders, by unanimous written consent, elected Brandi Davis-Handy, Sherry Kohan, Thomas A. Raga, and Margaret Tigre as additional Board members.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/728391/000095010325004679/0000950103-25-004679-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"director"}],"fact_type":"executive_change"},{"claim_id":"62b19b9c01","claim":"Margaret Tigre was elected as director at IPALCO ENTERPRISES, INC..","evidence_excerpt":"the Shareholders, by unanimous written consent, elected Brandi Davis-Handy, Sherry Kohan, Thomas A. Raga, and Margaret Tigre as additional Board members.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/728391/000095010325004679/0000950103-25-004679-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"director"}],"fact_type":"executive_change"},{"claim_id":"6c1d96656b","claim":"Sherry Kohan was elected as director at IPALCO ENTERPRISES, INC..","evidence_excerpt":"the Shareholders, by unanimous written consent, elected Brandi Davis-Handy, Sherry Kohan, Thomas A. Raga, and Margaret Tigre as additional Board members.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/728391/000095010325004679/0000950103-25-004679-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"director"}],"fact_type":"executive_change"},{"claim_id":"7a389513b1","claim":"Brandi Davis-Handy was elected as director at IPALCO ENTERPRISES, INC..","evidence_excerpt":"the Shareholders, by unanimous written consent, elected Brandi Davis-Handy, Sherry Kohan, Thomas A. Raga, and Margaret Tigre as additional Board members.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/728391/000095010325004679/0000950103-25-004679-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"director"}],"fact_type":"executive_change"},{"claim_id":"08292f4e75724ca56a19e18b7c72bd6f38cbde4d","claim":"IPALCO ENTERPRISES, INC.: The By-Laws were amended to increase the maximum authorized number of directors from eleven to sixteen (effective 2025-04-04).","evidence_excerpt":"On April 4, 2025, the Board approved an amendment to the By-Laws of the Company (the \" By-Law Amendment \"), to modify the language in Article III, Section 2 to increase the maximum authorized number of directors on the Board from eleven to sixteen.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/728391/000095010325004679/0000950103-25-004679-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"},{"label":"Effective","value":"2025-04-04"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}