secwatch.observer — SEC 8-K summary
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Issuer:     DAILY JOURNAL CORP (DJCO)
CIK:        0000783412
Form:       8-K
Filed at:   2025-10-29T23:59:59+00:00
Accession:  0001437749-25-032223
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Daily Journal CFO Tu To to retire Jan 15, 2026; separation agreement provides $175k lump sum, bonuses
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- Ms. Tu To, CFO for nearly 4 years, will retire effective Jan 15, 2026, after a 42-year career with the Company.
- Separation agreement includes a $175,000 lump-sum retroactive pay adjustment and a $40,000 cash bonus for FY2025.
- Eligible for up to $75,000 in milestone bonuses tied to the financial system conversion; healthcare through April 2027.
- Outstanding unit certificates remain under existing terms; To provides a general release and non-disparagement obligations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/783412/000143774925032223/0001437749-25-032223-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/783412/000143774925032223/djco20251028_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-032223

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer