{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-057887","form_type":"8-K","ticker":"BDRY","cik":"0001610940","company_name":"Amplify Commodity Trust","filed_at":"2023-07-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.549161+00:00","generated_at":"2026-06-13T07:04:15.664609+00:00","sec_items":["5.02","8.01"],"event_type":"leadership","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"CEO resigns amid SEC Wells notice; sponsor replacement planned for Q4 2023","bullets":["Samuel R. Masucci resigned as CEO of sponsor effective July 15, 2023, after receiving SEC Wells notice.","Matthew J. Bromberg appointed Interim CEO effective July 17, 2023; no new compensation arrangements yet.","Sponsor ETF Managers Capital LLC intends to withdraw and appoint Amplify Investments LLC as new sponsor, expected Q4 2023.","SEC investigation alleges non-disclosure of conflicts of interest in securities lending program; settlement discussions ongoing with financial penalties.","Masucci remains a principal due to ownership, but no longer serves as CEO."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-057887","json":"https://secwatch.observer/filing/0001213900-23-057887.json","markdown":"https://secwatch.observer/filing/0001213900-23-057887.md","text":"https://secwatch.observer/filing/0001213900-23-057887.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1610940/000121390023057887/0001213900-23-057887-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1610940/000121390023057887/ea181973-8k_etfmanagers1.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T07:04:15.664609+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":"a87cfe34b1","claim":"Samuel R. Masucci, III resigned as Chief Executive Officer at Amplify Commodity Trust.","evidence_excerpt":"Effective as of July 15, 2023, Samuel R. Masucci, III resigned as the Chief Executive Officer of ETF Managers Capital LLC (the “Sponsor”), Sponsor of the Breakwave Dry Bulk Shipping ETF and the Breakwave Tanker Shipping ETF (collectively, the “Funds”), each a series of the ETF Managers Group Commodity Trust I (the “Registrant”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1610940/000121390023057887/0001213900-23-057887-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"dca26ab5da","claim":"Matthew J. Bromberg was appointed as Interim Chief Executive Officer at Amplify Commodity Trust.","evidence_excerpt":"Effective July 17, 2023, Matthew J. Bromberg has been appointed Interim Chief Executive Officer of the Sponsor.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1610940/000121390023057887/0001213900-23-057887-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Interim Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}