{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-089248","form_type":"8-K","ticker":"MSB","cik":"0000065172","company_name":"MESABI TRUST","filed_at":"2026-07-31T20:30:12+00:00","discovered_at":"2026-07-31T20:31:02.346698+00:00","generated_at":"2026-07-31T20:31:19.837728+00:00","sec_items":["2.02","7.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Mesabi Trust receives $1.81M royalty for Q2 2026; shipments down 2.4% YoY, no bonus","bullets":["Total royalty payment of $1,807,779 received July 30, 2026: base royalty $1,585,696, bonus royalty $0.","Iron ore shipments credited: 902,331 tons in Q2 2026 vs 924,442 tons in Q2 2025 (down ~2.4%).","Bonus royalty threshold for 2026 is $71.70/ton; all deemed shipments priced below, resulting in no bonus.","No additional third-party pellet sales since September 2025; pricing based on Sep/Dec 2025 sales.","Royalties subject to continued due diligence; variations expected quarter to quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-089248","json":"https://secwatch.observer/filing/0001104659-26-089248.json","markdown":"https://secwatch.observer/filing/0001104659-26-089248.md","text":"https://secwatch.observer/filing/0001104659-26-089248.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/65172/000110465926089248/0001104659-26-089248-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/65172/000110465926089248/msb-20260730x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-31T20:31:19.837728+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"}