secwatch.observer — SEC 8-K summary
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Issuer:     TRANSCONTINENTAL REALTY INVESTORS INC (TCI)
CIK:        0000733590
Form:       8-K
Filed at:   2023-10-13T23:59:59+00:00
Accession:  0001214659-23-013410
Event type: leadership
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Transcontinental Realty director Raymond Roberts resigns; Fernando Victor Lara Celis appointed
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/733590/000121465923013410/0001214659-23-013410-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/733590/000121465923013410/b10132328k.htm
  HTML page:      https://secwatch.observer/filing/0001214659-23-013410

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