{"schema_version":"secwatch.filing_event.v1","accession":"0001101215-21-000188","form_type":"8-K","ticker":"BFH","cik":"0001101215","company_name":"BREAD FINANCIAL HOLDINGS, INC.","filed_at":"2021-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:04:11.495165+00:00","generated_at":"2026-06-28T11:15:53.340761+00:00","sec_items":["1.01","1.02","2.01","5.02","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Alliance Data completes spinoff of LoyaltyOne segment; retains 19% stake","bullets":["Separation of LoyaltyOne (AIR MILES, BrandLoyalty) into independent Loyalty Ventures Inc. completed Nov. 5, 2021.","ADS stockholders received 1 share of LYLT for every 2.5 ADS shares held on Oct. 27, 2021 record date.","Loyalty Ventures begins trading on Nasdaq under ticker LYLT; ADS retains 19% ownership and plans tax-efficient divestiture.","J. Bryan Campbell appointed SVP and Chief Accounting Officer (effective Nov. 8, 2021), succeeding Laura Santillan.","ADS says spinoff simplifies business model, focuses on Card Services growth."],"urls":{"canonical":"https://secwatch.observer/filing/0001101215-21-000188","json":"https://secwatch.observer/filing/0001101215-21-000188.json","markdown":"https://secwatch.observer/filing/0001101215-21-000188.md","text":"https://secwatch.observer/filing/0001101215-21-000188.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1101215/000110121521000188/0001101215-21-000188-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1101215/000110121521000188/form_8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T11:15:53.340761+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":"92af18f551","claim":"J. Bryan Campbell was appointed as Senior Vice President and Chief Accounting Officer at BREAD FINANCIAL HOLDINGS, INC..","evidence_excerpt":"appointed J. Bryan Campbell as Senior Vice President and Chief Accounting Officer of ADS, effective November 8, 2021.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1101215/000110121521000188/0001101215-21-000188-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Senior Vice President and Chief Accounting Officer"}],"fact_type":"executive_change"},{"claim_id":"d7b3143192","claim":"Laura Santillan departed as Senior Vice President and Chief Accounting Officer at BREAD FINANCIAL HOLDINGS, INC..","evidence_excerpt":"Mr. Campbell will succeed Laura Santillan, who, in connection with the Separation, has become Senior Vice President and Chief Accounting Officer of Loyalty Ventures.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1101215/000110121521000188/0001101215-21-000188-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"succeeded"},{"label":"Role","value":"Senior Vice President and Chief Accounting Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}