{"schema_version":"secwatch.filing_event.v1","accession":"0001185185-25-000026","form_type":"8-K","ticker":"EDUC","cik":"0000031667","company_name":"EDUCATIONAL DEVELOPMENT CORP","filed_at":"2025-01-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.947209+00:00","generated_at":"2026-05-28T02:26:48.849955+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Chairman Randall White resigns; CEO Craig White appointed Chairman","bullets":["Randall White resigned as Chairman and Director effective Jan 8, 2025; no disagreements with management or accounting.","Board unanimously elected CEO and President Craig White to fill the vacant Chairman position.","Board now has three independent and one non-independent director, meeting NASDAQ requirements.","Vacant director seat expected to be filled by the next annual shareholders meeting in July 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001185185-25-000026","json":"https://secwatch.observer/filing/0001185185-25-000026.json","markdown":"https://secwatch.observer/filing/0001185185-25-000026.md","text":"https://secwatch.observer/filing/0001185185-25-000026.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/31667/000118518525000026/0001185185-25-000026-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/31667/000118518525000026/edc20250114_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T02:26:48.849955+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":"58bda0f4fb","claim":"Craig White was appointed as Chairman at EDUCATIONAL DEVELOPMENT CORP.","evidence_excerpt":"On January 8, 2025, the Board unanimously voted Craig White, Chief Executive Officer and President to fill the vacant Chairman position.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/31667/000118518525000026/0001185185-25-000026-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chairman"}],"fact_type":"executive_change"},{"claim_id":"b44b983d59","claim":"Randall White resigned as Director and Chairman at EDUCATIONAL DEVELOPMENT CORP.","evidence_excerpt":"On January 8, 2025, at its regularly scheduled quarterly board meeting, the Board was presented notice of Randall White’s resignation from acting Director and Chairman of the Board “Chairman,” effective January 8, 2025.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/31667/000118518525000026/0001185185-25-000026-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director and Chairman"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}