{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-083538","form_type":"8-K","ticker":"MSB","cik":"0000065172","company_name":"MESABI TRUST","filed_at":"2026-07-14T20:45:14+00:00","discovered_at":"2026-07-14T20:46:00.361606+00:00","generated_at":"2026-07-14T20:46:05.612147+00:00","sec_items":["2.02","9.01"],"event_type":"dividend","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Mesabi Trust declares $0.05/unit distribution, down from $0.12/unit year ago","bullets":["Distribution of $0.05 per Unit payable Aug 20, 2026 to holders of record July 30, 2026.","Royalty payments from Cleveland-Cliffs totaled $1,625,300 in April 2026, down from $2,422,329 in April 2025.","No bonus royalty was included in the current payment; prior year included bonus.","Trustees cite uncertainties from Cliffs' vertical supply chain planning and iron ore market volatility."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-083538","json":"https://secwatch.observer/filing/0001104659-26-083538.json","markdown":"https://secwatch.observer/filing/0001104659-26-083538.md","text":"https://secwatch.observer/filing/0001104659-26-083538.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/65172/000110465926083538/0001104659-26-083538-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/65172/000110465926083538/msb-20260714x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-14T20:46:05.612147+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"}