{"schema_version":"secwatch.filing_event.v1","accession":"0001171200-23-000183","form_type":"8-K","ticker":"USL","cik":"0001405528","company_name":"United States 12 Month Oil Fund, LP","filed_at":"2023-04-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.728054+00:00","generated_at":"2026-06-17T06:53:38.361640+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"confidence":"high","headline":"United States 12 Month Oil Fund LP announces departure and appointment of two Management Directors","bullets":["Nicholas D. Gerber and Andrew F Ngim resigned as Management Directors of USCF (general partner) effective April 1, 2023.","Ngim continues as COO of USCF and portfolio manager for certain funds; Gerber's departure not further detailed.","Stuart P. Crumbaugh (CFO) and Kathryn D. Rooney (CMO) appointed as new Management Directors effective immediately.","No arrangements or understandings regarding selection of new directors per filing."],"urls":{"canonical":"https://secwatch.observer/filing/0001171200-23-000183","json":"https://secwatch.observer/filing/0001171200-23-000183.json","markdown":"https://secwatch.observer/filing/0001171200-23-000183.md","text":"https://secwatch.observer/filing/0001171200-23-000183.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1405528/000117120023000183/0001171200-23-000183-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1405528/000117120023000183/i23167_usl-8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T06:53:38.361640+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":"3b08f7c0ef","claim":"Andrew F Ngim resigned as Management Director at United States 12 Month Oil Fund, LP.","evidence_excerpt":"On April 1, 2023, each of Messrs. Nicholas D. Gerber and Andrew F Ngim tendered his resignation as a Management Director of the United States Commodity Funds LLC (“USCF”)","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1405528/000117120023000183/0001171200-23-000183-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Management Director"}],"fact_type":"executive_change"},{"claim_id":"69558234ec","claim":"Stuart P. Crumbaugh was appointed as Management Director at United States 12 Month Oil Fund, LP.","evidence_excerpt":"On April 1, 2023, each of Mr. Stuart P. Crumbaugh and Ms. Kathryn D. Rooney was appointed as a Management Director of USCF, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1405528/000117120023000183/0001171200-23-000183-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Management Director"}],"fact_type":"executive_change"},{"claim_id":"821ca842dc","claim":"Kathryn D. Rooney was appointed as Management Director at United States 12 Month Oil Fund, LP.","evidence_excerpt":"On April 1, 2023, each of Mr. Stuart P. Crumbaugh and Ms. Kathryn D. Rooney was appointed as a Management Director of USCF, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1405528/000117120023000183/0001171200-23-000183-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Management Director"}],"fact_type":"executive_change"},{"claim_id":"cad44128bd","claim":"Nicholas D. Gerber resigned as Management Director at United States 12 Month Oil Fund, LP.","evidence_excerpt":"On April 1, 2023, each of Messrs. Nicholas D. Gerber and Andrew F Ngim tendered his resignation as a Management Director of the United States Commodity Funds LLC (“USCF”)","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1405528/000117120023000183/0001171200-23-000183-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Management Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}