{"schema_version":"secwatch.filing_event.v1","accession":"0001214659-23-013410","form_type":"8-K","ticker":"TCI","cik":"0000733590","company_name":"TRANSCONTINENTAL REALTY INVESTORS INC","filed_at":"2023-10-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.866462+00:00","generated_at":"2026-06-10T00:20:05.460582+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"confidence":"high","headline":"Transcontinental Realty director Raymond Roberts resigns; Fernando Victor Lara Celis appointed","bullets":["Raymond D. Roberts, Sr., age 91, resigned as director and from all board committees on Oct 10, 2023; cited health issues, no disagreement with company.","Board appointed Fernando Victor Lara Celis as director effective Oct 11, 2023; he is General Manager/President of FYA Project LLC (Schlotzsky's franchisee).","Celis also elected as director of American Realty Investors (ARL) and Transcontinental Realty Investors (IOR) on same date.","After resignation, Board retains majority independent directors and fully constituted committees."],"urls":{"canonical":"https://secwatch.observer/filing/0001214659-23-013410","json":"https://secwatch.observer/filing/0001214659-23-013410.json","markdown":"https://secwatch.observer/filing/0001214659-23-013410.md","text":"https://secwatch.observer/filing/0001214659-23-013410.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/733590/000121465923013410/0001214659-23-013410-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/733590/000121465923013410/b10132328k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T00:20:05.460582+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":"38730cd199","claim":"Raymond D. Roberts, Sr. resigned as Director at TRANSCONTINENTAL REALTY INVESTORS INC.","evidence_excerpt":"On October 10, 2023, Raymond D. Roberts, Sr. resigned as a director and from all Board Committees of Transcontinental Realty Investors, Inc.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/733590/000121465923013410/0001214659-23-013410-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"c6476db143","claim":"Fernando Victor Lara Celis was appointed as Director at TRANSCONTINENTAL REALTY INVESTORS INC.","evidence_excerpt":"On October 10, 2023, the Board of Directors of TCI selected Fernando Victor Lara Celis, age 57, as a director effective October 11, 2023, to fill a vacancy on the Board of Directors created by the resignation of Raymond D. Roberts, Sr.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/733590/000121465923013410/0001214659-23-013410-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"selected"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}