{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-130799","form_type":"8-K","ticker":"BKKT","cik":"0001820302","company_name":"Bakkt, Inc.","filed_at":"2024-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.370749+00:00","generated_at":"2026-06-02T23:17:41.565866+00:00","sec_items":["5.02","8.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Bakkt CAO resigns; cuts 28 jobs (13% of non-call center workforce)","bullets":["Charles Goodroe resigns as CAO effective May 22, 2024; no disagreement with company.","CFO Karen Alexander assumes role of principal accounting officer upon Goodroe's exit.","Reduction in force of 28 employees (~13% of non-call center full-time staff) announced May 2.","Estimated severance and benefits costs of $0.8M to $1.0M to be recognized in Q2 2024.","Layoff is part of a broader strategic review to align resources with business priorities."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-130799","json":"https://secwatch.observer/filing/0001193125-24-130799.json","markdown":"https://secwatch.observer/filing/0001193125-24-130799.md","text":"https://secwatch.observer/filing/0001193125-24-130799.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1820302/000119312524130799/0001193125-24-130799-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1820302/000119312524130799/d824146d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T23:17:41.565866+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":"47bca7b54e","claim":"Karen Alexander was appointed as Principal Accounting Officer at Bakkt, Inc..","evidence_excerpt":"Upon the effectiveness of Mr. Goodroe’s resignation, Karen Alexander, the Company’s Chief Financial Officer and principal financial officer, will assume the role of the Company’s principal accounting officer.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1820302/000119312524130799/0001193125-24-130799-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"assumed"},{"label":"Role","value":"Principal Accounting Officer"}],"fact_type":"executive_change"},{"claim_id":"7f0589ee14","claim":"Charles Goodroe resigned as Chief Accounting Officer at Bakkt, Inc..","evidence_excerpt":"On April 29, 2024, Charles Goodroe tendered his resignation from his position as Chief Accounting Officer of Bakkt Holdings, Inc. (the “Company”), to be effective as of May 22, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1820302/000119312524130799/0001193125-24-130799-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Accounting Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}