{"schema_version":"secwatch.filing_event.v1","accession":"0001376474-25-000079","form_type":"8-K","ticker":"TAYD","cik":"0000096536","company_name":"TAYLOR DEVICES, INC.","filed_at":"2025-01-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.923779+00:00","generated_at":"2026-05-28T02:35:05.643403+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"President Alan Klembczyk to retire June 1, 2025, will not seek board reelection","bullets":["Alan R. Klembczyk retires as President effective June 1, 2025; will not stand for board reelection at 2025 Annual Meeting.","Signed Executive Retirement and Transition Agreement dated January 14, 2025, providing base salary, bonus eligibility, and extended option exercise through November 30, 2025.","Klembczyk will remain as employee until November 30, 2025, to provide transition support."],"urls":{"canonical":"https://secwatch.observer/filing/0001376474-25-000079","json":"https://secwatch.observer/filing/0001376474-25-000079.json","markdown":"https://secwatch.observer/filing/0001376474-25-000079.md","text":"https://secwatch.observer/filing/0001376474-25-000079.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/96536/000137647425000079/0001376474-25-000079-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/96536/000137647425000079/tayd-20250114.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T02:35:05.643403+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":"0bc22861f2","claim":"Alan R. Klembczyk departed as Director at TAYLOR DEVICES, INC..","evidence_excerpt":"On the same date, Mr. Klembczyk also notified the Company that he will not stand for reelection to the Board at the Company’s 2025 annual meeting of shareholders (the “2025 Annual Meeting”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/96536/000137647425000079/0001376474-25-000079-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"will not stand for reelection"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"d9887d0870","claim":"Alan R. Klembczyk departed as President at TAYLOR DEVICES, INC..","evidence_excerpt":"On January 14, 2025, Alan R. Klembczyk, the President of Taylor Devices, Inc. (the “Company”) and a member of the Company’s board of directors (the “Board”), provided notice of his decision to retire from his position as President of the Company, effective June 1, 2025.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/96536/000137647425000079/0001376474-25-000079-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retire"},{"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"}