{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-25-001876","form_type":"8-K","ticker":"XBIT","cik":"0001626878","company_name":"XBiotech Inc.","filed_at":"2025-04-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.110367+00:00","generated_at":"2026-05-24T00:48:21.078448+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Director W. Thorpe McKenzie retires from XBiotech board effective March 27, 2025","bullets":["McKenzie served since 2009; was on Audit, Compensation, and Nominating Committees.","Retirement not due to any dispute or disagreement with the company.","Audit Committee reduced to one member (Jan-Paul Waldin); vacancies to be filled per NASDAQ rules."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-25-001876","json":"https://secwatch.observer/filing/0001171843-25-001876.json","markdown":"https://secwatch.observer/filing/0001171843-25-001876.md","text":"https://secwatch.observer/filing/0001171843-25-001876.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1626878/000117184325001876/0001171843-25-001876-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1626878/000117184325001876/f8k_032725.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T00:48:21.078448+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":"9dcdc2a8da","claim":"W. Thorpe McKenzie retired as Director at XBiotech Inc..","evidence_excerpt":"On March 27, 2025, W. Thorpe McKenzie informed the Board of Directors (the “Board”) of XBiotech Inc. (the “Company”) via letter of his decision to retire from the Board, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1626878/000117184325001876/0001171843-25-001876-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}