{"schema_version":"secwatch.filing_event.v1","accession":"0001312109-23-000063","form_type":"8-K","ticker":null,"cik":"0001312109","company_name":"Silvergate Capital Corp","filed_at":"2023-03-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.344611+00:00","generated_at":"2026-06-17T22:52:58.935902+00:00","sec_items":["3.01","5.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Silvergate receives NYSE delisting notice for late 10-K; President Reynolds laid off, director Henke resigns","bullets":["NYSE notified Silvergate of non-compliance due to failure to timely file Form 10-K for FY2022.","NYSE will monitor filing status for up to six months; possible suspension/delisting if not filed within that period.","President Ben Reynolds laid off on March 20, 2023 in connection with the wind-down of Silvergate Bank.","Director Mary-Margaret Henke resigned effective March 15, 2023; both departures not due to any disagreement.","Company continues trading under symbol 'SI' with 'LF' indicator; wind-down of Bank operations disclosed earlier."],"urls":{"canonical":"https://secwatch.observer/filing/0001312109-23-000063","json":"https://secwatch.observer/filing/0001312109-23-000063.json","markdown":"https://secwatch.observer/filing/0001312109-23-000063.md","text":"https://secwatch.observer/filing/0001312109-23-000063.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1312109/000131210923000063/0001312109-23-000063-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1312109/000131210923000063/si-20230320.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T22:52:58.935902+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":"dc0acf11cd6d9eef869549770ad84e7ad0bdcc78","claim":"Silvergate Capital Corp received a nyse noncompliance notice notice regarding late filing (rules 802, 804.00).","evidence_excerpt":"to trade for up to an additional six months depending on specific circumstances, as outlined in Section 802 of the NYSE Listed Company Manual. If the NYSE determines that an additional six-month trading period is not appropriate, suspension and delisting procedures will commence pursuant to Section 804.00 of the NYSE Listed Company Manual. If the NYSE determines that an additional trading period of up to six months is appropriate and the Company fails to file its 10-K and any subsequent delayed filings by the end of that period, suspension and delisting procedures will generally commence. Rega","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1312109/000131210923000063/0001312109-23-000063-index.htm","confidence":0.9,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nyse"},{"label":"Notice","value":"noncompliance notice"},{"label":"Deficiency","value":"late filing"},{"label":"Rules","value":"802, 804.00"}],"fact_type":"exchange_compliance_notice"},{"claim_id":"6e3315c67a","claim":"Mary-Margaret Henke resigned as Director at Silvergate Capital Corp.","evidence_excerpt":"On March 14, 2023, Mary-Margaret Henke notified the Company of her resignation from the boards of directors (the “Boards”) of the Company and its wholly-owned subsidiary, Silvergate Bank (the “Bank”), as well as from any committees of such Boards on which she served, effective as of March 15, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1312109/000131210923000063/0001312109-23-000063-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"b2416e4cf9","claim":"Ben Reynolds departed as President at Silvergate Capital Corp.","evidence_excerpt":"On March 20, 2023, Ben Reynolds, President of the Company and the Bank, was laid off in connection with the Company's previously disclosed intent to wind down the operations of the Bank.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1312109/000131210923000063/0001312109-23-000063-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"laid off"},{"label":"Role","value":"President"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}