{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-067690","form_type":"8-K","ticker":null,"cik":"0001534155","company_name":"Ameri Metro, Inc. (formerly Yellowwood)","filed_at":"2024-08-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:13.424986+00:00","generated_at":"2026-05-31T10:01:56.827640+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Ameri Metro removes CFO Philip Hicks for alleged unethical/illegal behavior; appoints interim CFO Frank Worrell","bullets":["Philip M. Hicks removed from all positions effective immediately for unprofessional and unethical behavior, including self-dealing, false commitments, and misrepresentation.","Specific allegations include excessive personal gain, unauthorized disclosures, and attempts to inflict reputational damage on officers.","Frank E. Worrell appointed interim CFO; he is a CPA, CFF, former FBI Special Agent focused on corporate fraud, and CFO of GIFDA.","No financial impact disclosed; company leadership cites illegal and unethical conduct."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-067690","json":"https://secwatch.observer/filing/0001213900-24-067690.json","markdown":"https://secwatch.observer/filing/0001213900-24-067690.md","text":"https://secwatch.observer/filing/0001213900-24-067690.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1534155/000121390024067690/0001213900-24-067690-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1534155/000121390024067690/ea0211150-8k_ameri.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T10:01:56.827640+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":"09d168fc81","claim":"Frank E. Worrell was named as Chief Financial Officer at Ameri Metro, Inc. (formerly Yellowwood).","evidence_excerpt":"Mr. Frank E. Worrell, CPA, CFF has been named interim Chief Financial Officer for Ameri Metro, Inc.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1534155/000121390024067690/0001213900-24-067690-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"named"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"215723a7be","claim":"Philip M. Hicks was removed as Chief Financial Officer at Ameri Metro, Inc. (formerly Yellowwood).","evidence_excerpt":"Effective immediately, Philip M. (“Marty”) Hicks has been removed from all positions in Ameri Metro, Inc. due to unprofessional and unethical behavior concerning Ameri Metro, Inc., related entities, and their operations.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1534155/000121390024067690/0001213900-24-067690-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"removed"},{"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"}