{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-033926","form_type":"8-K","ticker":"TPTA","cik":"0001674356","company_name":"Terra Property Trust, Inc.","filed_at":"2024-03-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.066721+00:00","generated_at":"2026-06-04T22:21:17.087669+00:00","sec_items":["1.01","2.03","5.02","8.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Terra Property Trust amends three credit facilities, waives covenant, appoints COO","bullets":["Amends Western Alliance Bank facility: waives Dec 31, 2023 min net worth covenant, reduces credit line, increases coupon rate, extends term.","Amends Goldman Sachs Bank facility: extends term and reduces minimum interest coverage ratio covenant.","Amends UBS AG facility: reduces maximum available to zero; waives fees and covenants from Dec 31, 2023 until amounts drawn.","Appoints Sarah Schwarzschild as COO effective Feb 27; she also serves as COO of Mavik Capital and receives no cash compensation from company.","Company announces intention to hold quarterly investor calls beginning in the near future."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-033926","json":"https://secwatch.observer/filing/0001104659-24-033926.json","markdown":"https://secwatch.observer/filing/0001104659-24-033926.md","text":"https://secwatch.observer/filing/0001104659-24-033926.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1674356/000110465924033926/0001104659-24-033926-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1674356/000110465924033926/tm248762-1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T22:21:17.087669+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":"7605ff6a36","claim":"Sarah Schwarzschild was appointed as Chief Operating Officer at Terra Property Trust, Inc..","evidence_excerpt":"on February 27, 2024, the Board of Directors of the Company appointed Sarah Schwarzschild to serve as the Company’s Chief Operating Officer, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1674356/000110465924033926/0001104659-24-033926-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Operating Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}