{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-081766","form_type":"8-K","ticker":null,"cik":"0001310383","company_name":"Summit Healthcare REIT, Inc","filed_at":"2023-07-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.533907+00:00","generated_at":"2026-06-13T06:52:31.082732+00:00","sec_items":["5.02","8.01","9.01"],"event_type":"leadership","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Summit Healthcare REIT terminates CEO for cause, appoints Pagliarini as CEO and Grant as CFO","bullets":["CEO Kent Eikanas terminated for cause on July 14, 2023, after failing to cure performance deficiencies; he filed a wrongful termination claim on June 5, 2023.","Elizabeth Pagliarini, previously CFO/COO, appointed CEO and Secretary effective July 15, 2023, and added to the Board.","Sharyn Grant, previously Controller, appointed CFO effective July 15, 2023, with base salary of $250,000 and potential bonus up to $30,000.","Termination for cause means Eikanas receives accrued compensation but no severance; his employment agreement is on file."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-081766","json":"https://secwatch.observer/filing/0001104659-23-081766.json","markdown":"https://secwatch.observer/filing/0001104659-23-081766.md","text":"https://secwatch.observer/filing/0001104659-23-081766.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1310383/000110465923081766/0001104659-23-081766-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1310383/000110465923081766/tm2319827d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T06:52:31.082732+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":"6498725c53","claim":"Elizabeth Pagliarini was appointed as Chief Executive Officer and Secretary at Summit Healthcare REIT, Inc.","evidence_excerpt":"appointed Elizabeth Pagliarini, age 52, the current Chief Financial Officer and Chief Operating Officer of the Company since 2014 and 2019, respectively, as Chief Executive Officer and Secretary.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1310383/000110465923081766/0001104659-23-081766-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer and Secretary"}],"fact_type":"executive_change"},{"claim_id":"72b1c7bc9f","claim":"Elizabeth Pagliarini was appointed as Director at Summit Healthcare REIT, Inc.","evidence_excerpt":"Ms. Pagliarini was also appointed to fill the vacancy on the Board of Directors created by Mr. Eikanas’ resignation.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1310383/000110465923081766/0001104659-23-081766-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"f136c6b06b","claim":"Kent Eikanas departed as Chief Executive Officer and Secretary at Summit Healthcare REIT, Inc.","evidence_excerpt":"terminated, for cause, Kent Eikanas from his position as Chief Executive Officer and Secretary of the Company","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1310383/000110465923081766/0001104659-23-081766-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"terminated for cause"},{"label":"Role","value":"Chief Executive Officer and Secretary"}],"fact_type":"executive_change"},{"claim_id":"f6cd302208","claim":"Sharyn Grant was appointed as Chief Financial Officer at Summit Healthcare REIT, Inc.","evidence_excerpt":"the Board of Directors of the Company also appointed Sharyn Grant, CPA, age 61, Chief Financial Officer of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1310383/000110465923081766/0001104659-23-081766-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"}