{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-019510","form_type":"8-K","ticker":null,"cik":"0001801754","company_name":"Trean Insurance Group, Inc.","filed_at":"2023-04-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.660808+00:00","generated_at":"2026-06-16T21:34:39.972328+00:00","sec_items":["2.01","3.01","3.03","5.01","5.03","5.02","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"Altaris completes acquisition of Trean Insurance Group for $6.15 per share in cash","bullets":["Merger closed April 21, 2023; each share of common stock converted to $6.15 cash.","Total cash consideration approximately $148.8 million, funded by Altaris equity and company cash.","Trean's common stock ceased trading and will be delisted from Nasdaq.","Board changes: Mary Chaput, Philip Smith, Randall Jones, Terry Mayotte resigned; Nicholas Fulco appointed.","Julie Baron remains President and CEO; Andrew O'Brien remains Executive Chairman."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-019510","json":"https://secwatch.observer/filing/0001140361-23-019510.json","markdown":"https://secwatch.observer/filing/0001140361-23-019510.md","text":"https://secwatch.observer/filing/0001140361-23-019510.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1801754/000114036123019510/0001140361-23-019510-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1801754/000114036123019510/brhc20051724_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T21:34:39.972328+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":"178f27ac49","claim":"Randall D. Jones departed as Director at Trean Insurance Group, Inc..","evidence_excerpt":"Mary A. Chaput, Philip I. Smith, Randall D. Jones and Terry P. Mayotte ceased serving as members of the Company’s board of directors","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1801754/000114036123019510/0001140361-23-019510-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"ceased serving"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"77e2044a42","claim":"Mary A. Chaput departed as Director at Trean Insurance Group, Inc..","evidence_excerpt":"Mary A. Chaput, Philip I. Smith, Randall D. Jones and Terry P. Mayotte ceased serving as members of the Company’s board of directors","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1801754/000114036123019510/0001140361-23-019510-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"ceased serving"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"7c0dece909","claim":"Terry P. Mayotte departed as Director at Trean Insurance Group, Inc..","evidence_excerpt":"Mary A. Chaput, Philip I. Smith, Randall D. Jones and Terry P. Mayotte ceased serving as members of the Company’s board of directors","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1801754/000114036123019510/0001140361-23-019510-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"ceased serving"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"be22ac5f49","claim":"Nicholas Fulco was appointed as Director at Trean Insurance Group, Inc..","evidence_excerpt":"Nicholas Fulco was appointed as a member of the Company’s board of directors","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1801754/000114036123019510/0001140361-23-019510-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"eee3d9e6da","claim":"Philip I. Smith departed as Director at Trean Insurance Group, Inc..","evidence_excerpt":"Mary A. Chaput, Philip I. Smith, Randall D. Jones and Terry P. Mayotte ceased serving as members of the Company’s board of directors","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1801754/000114036123019510/0001140361-23-019510-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"ceased serving"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"384305902d9dbaeae6969cb7fb561dfbd27c50af","claim":"Trean Insurance Group, Inc.: Amended and restated the certificate of incorporation in its entirety.","evidence_excerpt":"At the effective time of the Merger on April 21 , 2023, the Amended and Restated Certificate of Incorporation of the Company, was amended and restated in its entirety.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1801754/000114036123019510/0001140361-23-019510-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"}],"fact_type":"governance_change"},{"claim_id":"91e940f568ec1b0ffefa3b8bac0ddba386f982eb","claim":"Trean Insurance Group, Inc.: Amended and restated the bylaws in their entirety.","evidence_excerpt":"In addition, in connection with the Merger, the Amended and Restated By-laws of the Company, were amended and restated in their entirety.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1801754/000114036123019510/0001140361-23-019510-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"}],"fact_type":"governance_change"},{"claim_id":"e7dede187a8ea7badeaec2c71b0214bf74f9fc31","claim":"Trean Insurance Group, Inc. underwent a change of control involving Altaris, LLC for $6.15 per share in cash (closed 2023-04-21).","evidence_excerpt":"common stock, par value $0.01 per share (the “Common Stock”), subject to certain exceptions, was automatically converted into the right to receive an amount in cash equal to $6.15 per share, without interest, pursuant to the Merger Agreement. A description of the consideration payable to holders of the Company’s options, restricted stock units, performance","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1801754/000114036123019510/0001140361-23-019510-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"change of control"},{"label":"Counterparty","value":"Altaris, LLC"},{"label":"Consideration","value":"$6.15 per share in cash"},{"label":"Closing","value":"2023-04-21"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}