{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-038629","form_type":"8-K","ticker":"PNBK","cik":"0001098146","company_name":"PATRIOT NATIONAL BANCORP INC","filed_at":"2024-12-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:07.661769+00:00","generated_at":"2026-05-28T21:27:06.372155+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Patriot National Bancorp appoints Steven Sugarman as President and director to lead strategic restructuring","bullets":["Steven Sugarman appointed President and board member effective December 30, 2024.","Annual base salary of $120,000 until successful capital raise; discretionary bonus after offering.","Company exploring capital raise, strategic partnerships, sale, or M&A to maximize shareholder value.","Sugarman founded Banc of California, Inc. and has experience in regulatory compliance and capital markets.","Appointment aims to address capital, operational, and regulatory deficiencies identified by regulators."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-038629","json":"https://secwatch.observer/filing/0001437749-24-038629.json","markdown":"https://secwatch.observer/filing/0001437749-24-038629.md","text":"https://secwatch.observer/filing/0001437749-24-038629.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1098146/000143774924038629/0001437749-24-038629-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1098146/000143774924038629/pnbk20241231_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T21:27:06.372155+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}