{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-128104","form_type":"8-K","ticker":"TPTA","cik":"0001674356","company_name":"Terra Property Trust, Inc.","filed_at":"2023-12-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.020569+00:00","generated_at":"2026-06-07T09:09:18.841531+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Terra Property Trust: Fund 5 to distribute 14.9M Class B shares; exploring liquidity options","bullets":["Fund 5 to distribute 14,912,990.19 Class B shares to members on Dec 29, 2023, representing 61% of outstanding.","Each Fund 5 member receives 2,252.02 Class B shares per unit held.","TPT evaluating direct listing, share repurchase plan, or non-traded REIT conversion for liquidity.","Prior WMC merger terminated Aug 2023; TPT received $3M termination fee."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-128104","json":"https://secwatch.observer/filing/0001104659-23-128104.json","markdown":"https://secwatch.observer/filing/0001104659-23-128104.md","text":"https://secwatch.observer/filing/0001104659-23-128104.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1674356/000110465923128104/0001104659-23-128104-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1674356/000110465923128104/tm2333332d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T09:09:18.841531+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}