{"schema_version":"secwatch.filing_event.v1","accession":"0001185185-25-001046","form_type":"8-K","ticker":"RVYL","cik":"0001419275","company_name":"RYVYL Inc.","filed_at":"2025-08-20T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.944361+00:00","generated_at":"2026-05-17T11:08:01.258217+00:00","sec_items":["5.02","8.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"RYVYL Chairman/Co-founder Ben Errez retires; company pivots to crypto treasury management","bullets":["Ben Errez retires as EVP and Chairman effective Aug 31, 2025; will advise through Feb 2026.","Severance: $350,000 cash payment and full vesting of unvested equity upon termination.","Advisory agreement: $10,000 per month from Sept 2025 to Feb 2026 for strategic consulting.","RYVYL shifts focus to crypto treasury management, planning to accumulate crypto as reserve asset.","Departure is for personal reasons, not a disagreement with management."],"urls":{"canonical":"https://secwatch.observer/filing/0001185185-25-001046","json":"https://secwatch.observer/filing/0001185185-25-001046.json","markdown":"https://secwatch.observer/filing/0001185185-25-001046.md","text":"https://secwatch.observer/filing/0001185185-25-001046.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1419275/000118518525001046/0001185185-25-001046-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1419275/000118518525001046/rvyl8k082025.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T11:08:01.258217+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"}