{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-214633","form_type":"8-K","ticker":"XRPZ","cik":"0002059438","company_name":"Franklin XRP Trust","filed_at":"2026-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.453424+00:00","generated_at":"2026-05-14T21:14:44.609843+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"confidence":"high","headline":"Franklin XRP ETF sponsor appoints new CAO/Treasurer and CFO; two officers resign","bullets":["Christoper Berarducci appointed Chief Accounting Officer and Treasurer of Sponsor Franklin Holdings, LLC, effective May 8, 2026.","Christopher Kings appointed Chief Financial Officer of Sponsor, effective May 8, 2026.","Vivek Pai resigned as CAO/Treasurer and Matthew Hinkle resigned as VP/CFO of Sponsor, effective May 8, 2026.","Resignations were not due to any dispute or disagreement with Sponsor or Fund operations.","Berarducci previously VP, Fund Administration and Reporting at Franklin Templeton since 2020; Kings served as SVP at Franklin Templeton Services since 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-214633","json":"https://secwatch.observer/filing/0001193125-26-214633.json","markdown":"https://secwatch.observer/filing/0001193125-26-214633.md","text":"https://secwatch.observer/filing/0001193125-26-214633.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2059438/000119312526214633/0001193125-26-214633-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2059438/000119312526214633/d100480d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T21:14:44.609843+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":"0b7ce83f17","claim":"Vivek Pai resigned as Chief Accounting Officer and Treasurer at Franklin XRP Trust.","evidence_excerpt":"In addition, effective May 8, 2026, Vivek Pai resigned as Chief Accounting Officer and Treasurer of the Sponsor","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2059438/000119312526214633/0001193125-26-214633-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Accounting Officer and Treasurer"}],"fact_type":"executive_change"},{"claim_id":"41ae4821e9","claim":"Christoper Berarducci was appointed as Chief Accounting Officer and Treasurer at Franklin XRP Trust.","evidence_excerpt":"On May 8, 2026, Christoper Berarducci was appointed as the Chief Accounting Officer and Treasurer of Franklin Holdings, LLC (the “Sponsor”), the sponsor of Franklin XRP ETF (the “Fund”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2059438/000119312526214633/0001193125-26-214633-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Accounting Officer and Treasurer"}],"fact_type":"executive_change"},{"claim_id":"de8286549b","claim":"Matthew Hinkle resigned as Vice President and Chief Financial Officer at Franklin XRP Trust.","evidence_excerpt":"and Matthew Hinkle resigned as Vice President and Chief Financial Officer of the Sponsor.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2059438/000119312526214633/0001193125-26-214633-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Vice President and Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"f68d47a7f9","claim":"Christopher Kings was appointed as Chief Financial Officer at Franklin XRP Trust.","evidence_excerpt":"Also on May 8, 2026, Christopher Kings was appointed as Chief Financial Officer of the Sponsor.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/2059438/000119312526214633/0001193125-26-214633-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}