{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-024835","form_type":"8-K","ticker":"CFBK","cik":"0001070680","company_name":"CF BANKSHARES INC.","filed_at":"2024-02-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.290916+00:00","generated_at":"2026-06-06T07:42:30.679111+00:00","sec_items":["3.02","5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"CF Bankshares exchanges 200,000 common shares for 2,000 Series D preferred shares","bullets":["Issued 2,000 Series D non-voting convertible perpetual preferred stock to an existing stockholder in exchange for 200,000 voting common shares.","Series D designation of 5,000 authorized shares filed Feb 5 to facilitate stock repurchases, including existing buyback program.","Series D preferred: no voting rights, convertible on a 100:1 basis to non-voting or voting common (subject to 9.9% ownership cap).","Dividend rights identical to common shares on as-converted basis; shares are not redeemable."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-024835","json":"https://secwatch.observer/filing/0001193125-24-024835.json","markdown":"https://secwatch.observer/filing/0001193125-24-024835.md","text":"https://secwatch.observer/filing/0001193125-24-024835.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1070680/000119312524024835/0001193125-24-024835-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1070680/000119312524024835/d718453d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T07:42:30.679111+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":"ce06adb6c5833852fbd0a73867a3f57d3eb8b223","claim":"CF BANKSHARES INC.: Filed Certificate of Designations to designate 5,000 authorized shares of Series D Preferred Stock, with terms substantially similar to Series C Preferred Stock (effective 2024-02-05).","evidence_excerpt":"On February 5, 2024, the Company filed with the Delaware Secretary of State a Certificate of Designations (the “Certificate of Designations”) to designate 5,000 authorized shares of Series D Preferred Stock.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1070680/000119312524024835/0001193125-24-024835-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2024-02-05"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}