{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-101845","form_type":"8-K","ticker":"TOP","cik":"0001848275","company_name":"TOP Financial Group Ltd","filed_at":"2026-09-21T21:00:14+00:00","discovered_at":"2026-09-21T21:02:00.511775+00:00","generated_at":"2026-09-21T21:02:25.452427+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Top Financial appoints Tam as co-CEO and director; Yuen remains co-CEO","bullets":["Effective Sept 21, 2026, Hoi Ling Jennifer Tam appointed director and co-CEO; she resigned as COO same day.","Ka Fai Yuen resigned as director but continues as co-CEO, no longer sole CEO; resignation not from any disagreement.","Tam, 49, has 15+ years in financial services and has been COO since Feb 2021; no related-party transactions disclosed.","Tam receives no additional compensation for director role; continues under existing employment agreement."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-101845","json":"https://secwatch.observer/filing/0001213900-26-101845.json","markdown":"https://secwatch.observer/filing/0001213900-26-101845.md","text":"https://secwatch.observer/filing/0001213900-26-101845.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1848275/000121390026101845/0001213900-26-101845-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1848275/000121390026101845/ea0306118-8k_topfin.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-21T21:02:25.452427+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":"369a6a1373","claim":"Ka Fai Yuen resigned as Director at TOP Financial Group Ltd.","evidence_excerpt":"On September 21, 2026, Mr. Ka Fai Yuen resigned as a director of TOP Financial Group Limited (the “Company”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1848275/000121390026101845/0001213900-26-101845-index.htm","confidence":0.98,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"3b716c0072","claim":"Ka Fai Yuen changed role as Co-Chief Executive Officer at TOP Financial Group Ltd.","evidence_excerpt":"Effective September 21, 2026, in connection with the appointment of Ms. Tam as co-Chief Executive Officer, Mr. Ka Fai Yuen ceased to serve as the sole Chief Executive Officer of the Company and began serving as co-Chief Executive Officer of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1848275/000121390026101845/0001213900-26-101845-index.htm","confidence":0.98,"family_label":"Executive change","details":[{"label":"Action","value":"began serving as"},{"label":"Role","value":"Co-Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"46e79f814c","claim":"Hoi Ling Jennifer Tam resigned as Chief Operating Officer at TOP Financial Group Ltd.","evidence_excerpt":"Effective September 21, 2026, Ms. Hoi Ling Jennifer Tam resigned as the Chief Operating Officer of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1848275/000121390026101845/0001213900-26-101845-index.htm","confidence":0.98,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Operating Officer"}],"fact_type":"executive_change"},{"claim_id":"57de409b39","claim":"Hoi Ling Jennifer Tam was appointed as Director at TOP Financial Group Ltd.","evidence_excerpt":"Effective September 21, 2026, the Board of Directors (the “Board”) of the Company, upon the recommendation of the Nominating Committee of the Board, appointed Ms. Hoi Ling Jennifer Tam as a director and co-Chief Executive Officer of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1848275/000121390026101845/0001213900-26-101845-index.htm","confidence":0.98,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"8a495c0c48","claim":"Hoi Ling Jennifer Tam was appointed as Co-Chief Executive Officer at TOP Financial Group Ltd.","evidence_excerpt":"Effective September 21, 2026, the Board of Directors (the “Board”) of the Company, upon the recommendation of the Nominating Committee of the Board, appointed Ms. Hoi Ling Jennifer Tam as a director and co-Chief Executive Officer of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1848275/000121390026101845/0001213900-26-101845-index.htm","confidence":0.98,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Co-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"}