{"schema_version":"secwatch.filing_event.v1","accession":"0001185185-24-000600","form_type":"8-K","ticker":"EDUC","cik":"0000031667","company_name":"EDUCATIONAL DEVELOPMENT CORP","filed_at":"2024-05-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.531389+00:00","generated_at":"2026-06-01T07:30:25.193622+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Educational Development Corporation signs triple-net lease for 111,000 sq ft at Hilti Complex, starting July 1, 2024","bullets":["Lease for approximately 111,000 sq ft of unused office/warehouse space at 5402 S 122nd E Ave, Tulsa, OK (Hilti Complex).","Initial 5-year term beginning July 1, 2024, with option to extend for an additional 5 years.","Initial rent $9.05/sq ft, with 3% annual escalations; tenant pays utilities, insurance, taxes, maintenance (roof/structure excluded).","President states leasing space improves financials and helps market the ongoing sale of the Hilti Complex.","Three long-term tenants now in the building, according to management."],"urls":{"canonical":"https://secwatch.observer/filing/0001185185-24-000600","json":"https://secwatch.observer/filing/0001185185-24-000600.json","markdown":"https://secwatch.observer/filing/0001185185-24-000600.md","text":"https://secwatch.observer/filing/0001185185-24-000600.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/31667/000118518524000600/0001185185-24-000600-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/31667/000118518524000600/edc20240530_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T07:30:25.193622+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}