---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-031910"
form_type: "8-K"
ticker: "WBQNL"
cik: "0001785494"
company_name: "Woodbridge Liquidation Trust"
filed_at: "2022-09-01T23:59:59+00:00"
generated_at: "2026-06-23T17:46:33.373757+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Woodbridge Liquidation Trust enters part-time CEO agreement with Frederick Chin; $50K/mo through Dec 2022

## Summary
- CEO Frederick Chin shifts to part-time (min 30 hrs/week) from Sep 1, 2022 through Dec 31, 2022 or 30 days after sale of Siena property.
- Monthly salary $50,000 during initial term, $30,000 in extension term; $2.1375M bonus acknowledged due by Sep 30, 2022.
- Agreement terminable by either party on 30 days' notice; severance includes salary continuation through initial term if without cause or for good reason.
- Continued health/dental/vision/life insurance; no vacation accrual.

## SEC filing metadata
- accession: 0001140361-22-031910
- form_type: 8-K
- ticker: WBQNL
- cik: 0001785494
- company_name: Woodbridge Liquidation Trust
- filed_at: 2022-09-01T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1785494/000114036122031910/0001140361-22-031910-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1785494/000114036122031910/brhc10041419_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-031910
- JSON: https://secwatch.observer/filing/0001140361-22-031910.json
- Plain text: https://secwatch.observer/filing/0001140361-22-031910.txt

## Key facts
- Executive change
  Frederick Chin changed role as Chief Executive Officer at Woodbridge Liquidation Trust.
  - Action: entered part-time employment agreement
  - Role: Chief Executive Officer
  source text: the Company has entered into a Part-Time Employment Agreement dated as of September 1, 2022 with its chief executive officer Frederick Chin.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1785494/000114036122031910/0001140361-22-031910-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.