{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-001206","form_type":"8-K","ticker":"BYFC","cik":"0001001171","company_name":"BROADWAY FINANCIAL CORP \\DE\\","filed_at":"2025-01-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:02.626285+00:00","generated_at":"2026-05-27T23:41:38.909641+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Broadway Financial Corp COO retiring, appoints John A. Allen as Chief Banking Officer","bullets":["COO Ruth McCloud to retire from City First Bank on March 31, 2025, after 10 years of service.","John A. Allen appointed as newly created Chief Banking Officer, effective Jan 13, 2025, reporting to CEO Brian Argrett.","Allen brings 30+ years experience, most recently as Region President at Wells Fargo for Washington D.C. metro area.","Allen will receive base salary $310,000, target cash award of 25% of base, and equity award of 25% of base.","Retirement and appointment aim for seamless transition; Allen to oversee commercial sales, credit, operations, retail."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-001206","json":"https://secwatch.observer/filing/0001140361-25-001206.json","markdown":"https://secwatch.observer/filing/0001140361-25-001206.md","text":"https://secwatch.observer/filing/0001140361-25-001206.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1001171/000114036125001206/0001140361-25-001206-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1001171/000114036125001206/ef20041719_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T23:41:38.909641+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":"7ad7a092d4","claim":"John A. Allen was appointed as Chief Banking Officer at BROADWAY FINANCIAL CORP \\DE\\.","evidence_excerpt":"announce the appointment of John A. Allen as Chief Banking Officer. John joined City First Bank on January 13, 2025","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1001171/000114036125001206/0001140361-25-001206-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Banking Officer"}],"fact_type":"executive_change"},{"claim_id":"afecbd4ad9","claim":"Ruth McCloud departed as Chief Operating Officer at BROADWAY FINANCIAL CORP \\DE\\.","evidence_excerpt":"announced Chief Operating Officer, Ruth McCloud, provided notice on January 13, 2025, that she will be retiring from City First Bank on March 31, 2025.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1001171/000114036125001206/0001140361-25-001206-index.htm","confidence":0.98,"family_label":"Executive change","details":[{"label":"Action","value":"retiring"},{"label":"Role","value":"Chief Operating Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}