{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-025635","form_type":"8-K","ticker":"TERN","cik":"0001831363","company_name":"Terns Pharmaceuticals, Inc.","filed_at":"2025-02-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.146269+00:00","generated_at":"2026-05-26T06:24:02.009652+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Terns Pharma appoints Andrew Gengos as CFO effective Feb 24, 2025","bullets":["Andrew Gengos named CFO effective Feb 24; salary $510K, bonus target 40%, option for 750K shares vesting over 4 years.","Most recently CFO/Chief Business Officer at Athira Pharma (May 2023-Oct 2024); previously CEO at ImmunoCellular and Neuraltus.","CEO Amy Burroughs remains CEO but steps down as principal financial officer; David Strauss remains VP Finance and steps down as principal accounting officer.","Stock option exercise price equals closing price on start date; 25% vests at one year, then monthly over three years."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-025635","json":"https://secwatch.observer/filing/0000950170-25-025635.json","markdown":"https://secwatch.observer/filing/0000950170-25-025635.md","text":"https://secwatch.observer/filing/0000950170-25-025635.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1831363/000095017025025635/0000950170-25-025635-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1831363/000095017025025635/tern-20250222.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T06:24:02.009652+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":"64fce5cfde","claim":"Andrew Gengos was appointed as Chief Financial Officer at Terns Pharmaceuticals, Inc..","evidence_excerpt":"Mr. Gengos will serve as the Chief Financial Officer of Terns, effective as of February 24, 2025.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1831363/000095017025025635/0000950170-25-025635-index.htm","confidence":0.95}],"comparable_filings":[{"accession":"0001193125-26-251709","ticker":"CRVL","company_name":"CORVEL CORP","filed_at":"2026-06-01T21:05:42+00:00","headline":"CorVel CEO Michael Combs to become Executive Chair; 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Green retires, Friel becomes Chair","event_type":"leadership","sec_items":["5.02","7.01","9.01"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: executive_change","same SEC item: 5.02, 7.01, 9.01","same event type: leadership","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0000105770-26-000080","json":"https://secwatch.observer/filing/0000105770-26-000080.json","markdown":"https://secwatch.observer/filing/0000105770-26-000080.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/105770/000010577026000080/0000105770-26-000080-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/105770/000010577026000080/wst-20260531.htm"},"side_by_side_evidence":{"fact_type":"executive_change","source_excerpt":"Mr. Gengos will serve as the Chief Financial Officer of Terns, effective as of February 24, 2025.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1831363/000095017025025635/0000950170-25-025635-index.htm","comparable_excerpt":"As of the Start Date, Mr. Green will resign as a member of the Board and Mr. Lagarde will be appointed as a member of the Board to fill that vacancy.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/105770/000010577026000080/0000105770-26-000080-index.htm"}},{"accession":"0000060519-26-000024","ticker":"LPX","company_name":"LOUISIANA-PACIFIC CORP","filed_at":"2026-06-01T20:31:12+00:00","headline":"LP Building Solutions announces CFO succession: Alan Haughie to retire; 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Haughie, Executive Vice President and Chief Financial Officer of Louisiana-Pacific Corporation (“LP”, the “Company”), notified the Board of Directors of LP (the “Board”) of his intention to retire from the role of Executive Vice President and Chief Financial Officer, effective September 1, 2026.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/60519/000006051926000024/0000060519-26-000024-index.htm"}},{"accession":"0001193125-26-251467","ticker":"PENG","company_name":"Penguin Solutions, Inc.","filed_at":"2026-06-01T20:17:28+00:00","headline":"Penguin Solutions CFO Nate Olmstead to step down; Aaron Johnson named interim CFO; reaffirms FY2026 guidance at high end","event_type":"leadership","sec_items":["5.02","7.01","9.01"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: executive_change","same SEC item: 5.02, 7.01, 9.01","same event type: leadership","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-251467","json":"https://secwatch.observer/filing/0001193125-26-251467.json","markdown":"https://secwatch.observer/filing/0001193125-26-251467.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1616533/000119312526251467/0001193125-26-251467-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1616533/000119312526251467/d104493d8k.htm"},"side_by_side_evidence":{"fact_type":"executive_change","source_excerpt":"Mr. Gengos will serve as the Chief Financial Officer of Terns, effective as of February 24, 2025.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1831363/000095017025025635/0000950170-25-025635-index.htm","comparable_excerpt":"On May 31, 2026, the board of directors of the Company appointed Aaron Johnson, the Company’s Vice President, Finance and Accounting, as interim CFO and as the Company’s principal financial and accounting officer, succeeding Mr. Olmstead in these positions effective as of July 9, 2026, on an interim basis until the Company appoints a successor.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1616533/000119312526251467/0001193125-26-251467-index.htm"}},{"accession":"0002064307-26-000007","ticker":"LOGC","company_name":"ContextLogic Holdings Inc.","filed_at":"2026-06-01T20:15:17+00:00","headline":"ContextLogic appoints Scott Stewart as CFO & COO effective June 1; interim CFO resigns","event_type":"leadership","sec_items":["5.02","7.01","9.01"],"materiality_score":0.55,"calibrated_materiality_score":0.55,"match_reasons":["same fact type: executive_change","same SEC item: 5.02, 7.01, 9.01","same event type: leadership","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0002064307-26-000007","json":"https://secwatch.observer/filing/0002064307-26-000007.json","markdown":"https://secwatch.observer/filing/0002064307-26-000007.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/2064307/000206430726000007/0002064307-26-000007-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2064307/000206430726000007/logc-20260529.htm"},"side_by_side_evidence":{"fact_type":"executive_change","source_excerpt":"Mr. Gengos will serve as the Chief Financial Officer of Terns, effective as of February 24, 2025.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1831363/000095017025025635/0000950170-25-025635-index.htm","comparable_excerpt":"On June 1, 2026 the Company also announced the appointment of Scott Stewart, age 53, as Chief Financial Officer and Chief Operating Officer, effective June 1, 2026 (the “Effective Date”).","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/2064307/000206430726000007/0002064307-26-000007-index.htm"}},{"accession":"0000927089-26-000101","ticker":"MGNO","company_name":"Magnolia Bancorp, Inc.","filed_at":"2026-06-01T18:15:36+00:00","headline":"Magnolia Bancorp names Robert Kimbro President/CEO; Hurley becomes Executive Chair","event_type":"leadership","sec_items":["5.02","5.07","7.01","9.01"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same fact type: executive_change","same SEC item: 5.02, 7.01, 9.01","same event type: leadership","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0000927089-26-000101","json":"https://secwatch.observer/filing/0000927089-26-000101.json","markdown":"https://secwatch.observer/filing/0000927089-26-000101.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/2033615/000092708926000101/0000927089-26-000101-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2033615/000092708926000101/mban20260520_8k.htm"},"side_by_side_evidence":{"fact_type":"executive_change","source_excerpt":"Mr. Gengos will serve as the Chief Financial Officer of Terns, effective as of February 24, 2025.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1831363/000095017025025635/0000950170-25-025635-index.htm","comparable_excerpt":"On May 28, 2026, both the Company and the Association appointed Robert W. Kimbro as their President and Chief Executive Officer effective as of June 1, 2026.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/2033615/000092708926000101/0000927089-26-000101-index.htm"}},{"accession":"0001193125-26-250020","ticker":"NSC","company_name":"NORFOLK SOUTHERN CORP","filed_at":"2026-06-01T13:15:16+00:00","headline":"Norfolk Southern COO John Orr resigns; Brian Barr appointed successor effective June 1","event_type":"leadership","sec_items":["5.02","7.01","9.01"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: executive_change","same SEC item: 5.02, 7.01, 9.01","same event type: leadership","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-250020","json":"https://secwatch.observer/filing/0001193125-26-250020.json","markdown":"https://secwatch.observer/filing/0001193125-26-250020.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/702165/000119312526250020/0001193125-26-250020-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/702165/000119312526250020/d91653d8k.htm"},"side_by_side_evidence":{"fact_type":"executive_change","source_excerpt":"Mr. Gengos will serve as the Chief Financial Officer of Terns, effective as of February 24, 2025.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1831363/000095017025025635/0000950170-25-025635-index.htm","comparable_excerpt":"On May 31, 2026, John Orr, Executive Vice President & Chief Operating Officer of Norfolk Southern Corporation (the “Company”), notified the Company of his intention to resign from the Company for “good reason” on account of proposed changes in the Company’s operations that would result in a diminution of his duties and responsibilities.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/702165/000119312526250020/0001193125-26-250020-index.htm"}},{"accession":"0001493152-26-026537","ticker":"FUSE","company_name":"Fusemachines Inc.","filed_at":"2026-06-01T12:18:34+00:00","headline":"Fusemachines appoints AI pioneer Dr. Julia Hirschberg to board; Shrestha resigns","event_type":"leadership","sec_items":["5.02","7.01","9.01"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same fact type: executive_change","same SEC item: 5.02, 7.01, 9.01","same event type: leadership","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-026537","json":"https://secwatch.observer/filing/0001493152-26-026537.json","markdown":"https://secwatch.observer/filing/0001493152-26-026537.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/2033383/000149315226026537/0001493152-26-026537-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2033383/000149315226026537/form8-k.htm"},"side_by_side_evidence":{"fact_type":"executive_change","source_excerpt":"Mr. Gengos will serve as the Chief Financial Officer of Terns, effective as of February 24, 2025.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1831363/000095017025025635/0000950170-25-025635-index.htm","comparable_excerpt":"Effective May 31, 2026, the board of directors (the “Board”) of Fusemachines Inc., a Delaware corporation (the “Company” or “Fusemachines”), following the recommendation of the Nominating and Corporate Governance Committee of the Board (the “Nominating Committee”), appointed Julia Hirschberg as a member of the Board as a Class II director, until the Company’s 2027 annual meeting of stockholders or until Ms. Hirschberg’s successor is duly elected and qualified.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/2033383/000149315226026537/0001493152-26-026537-index.htm"}}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}