{"schema_version":"secwatch.filing_event.v1","accession":"0001185185-21-000969","form_type":"8-K","ticker":"EDUC","cik":"0000031667","company_name":"EDUCATIONAL DEVELOPMENT CORP","filed_at":"2021-07-13T23:59:59+00:00","discovered_at":"2026-05-14T18:04:20.320242+00:00","generated_at":"2026-06-30T05:51:25.967426+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"EDUC appoints Craig White as CEO; Randall White becomes Executive Chairman","bullets":["Craig White promoted from COO to President & CEO, effective July 13, 2021.","Randall White transitions to Executive Chairman and remains Chairman of the Board.","Craig White joined EDC in 1983, most recently as COO; appointed to Board as Class II Director.","Randall White served as President/CEO for over 35 years; company reports over $200M annual revenues.","Planned succession; Randall White remains largest individual shareholder and actively involved."],"urls":{"canonical":"https://secwatch.observer/filing/0001185185-21-000969","json":"https://secwatch.observer/filing/0001185185-21-000969.json","markdown":"https://secwatch.observer/filing/0001185185-21-000969.md","text":"https://secwatch.observer/filing/0001185185-21-000969.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/31667/000118518521000969/0001185185-21-000969-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/31667/000118518521000969/edc20210713b_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-30T05:51:25.967426+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":"0444752382","claim":"Randall White changed role as Executive Chairman at EDUCATIONAL DEVELOPMENT CORP.","evidence_excerpt":"Randall White will transition to Executive Chairman.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/31667/000118518521000969/0001185185-21-000969-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"transitioned"},{"label":"Role","value":"Executive Chairman"}],"fact_type":"executive_change"},{"claim_id":"44dbba70ea","claim":"Craig White was appointed as Chief Executive Officer and President at EDUCATIONAL DEVELOPMENT CORP.","evidence_excerpt":"Craig White has been appointed the Company’s new Chief Executive Officer and President effective immediately","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/31667/000118518521000969/0001185185-21-000969-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer and President"}],"fact_type":"executive_change"},{"claim_id":"455b1a7995","claim":"Craig White was elected as Class II Director at EDUCATIONAL DEVELOPMENT CORP.","evidence_excerpt":"the Board of Directors of the Company unanimously approved adding Craig White to the Company’s Board of Directors.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/31667/000118518521000969/0001185185-21-000969-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"Class II Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}