{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-120355","form_type":"8-K","ticker":"CTRN","cik":"0001318484","company_name":"Citi Trends Inc","filed_at":"2024-11-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.072778+00:00","generated_at":"2026-05-29T22:24:06.808585+00:00","sec_items":["2.02","5.02","7.01","9.01"],"event_type":"leadership","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Citi Trends appoints Ken Seipel permanent CEO; Q3 comp sales +5.7% above guidance","bullets":["Ken Seipel, interim CEO since June, appointed permanent CEO effective Nov 18, 2024; base salary $725K/year.","Peter Sachse, Executive Chairman, appointed Chairman of the Board.","Preliminary Q3 total sales $179.1M; comparable store sales +5.7% vs guidance of flat to up low single digits.","Preliminary gross margin 39.8%, up 160 bps YoY; adjusted EBITDA loss of $3.3M (includes strategic costs).","Q3 performance driven by improved product, better allocation, and increased customer traffic."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-120355","json":"https://secwatch.observer/filing/0001104659-24-120355.json","markdown":"https://secwatch.observer/filing/0001104659-24-120355.md","text":"https://secwatch.observer/filing/0001104659-24-120355.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1318484/000110465924120355/0001104659-24-120355-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1318484/000110465924120355/tm2428720d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T22:24:06.808585+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":"ea3944f28c","claim":"Kenneth (Ken) D. Seipel was appointed as Chief Executive Officer at Citi Trends Inc.","evidence_excerpt":"On November 19, 2024, the Company announced that its Board of Directors (the “Board”) has concluded its search for a Chief Executive Officer and has appointed Kenneth (Ken) D. Seipel, the Company’s Interim Chief Executive Officer and a member of the Board, to serve as its permanent Chief Executive Officer, effective as of November 18, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1318484/000110465924120355/0001104659-24-120355-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}