{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-26-029847","form_type":"8-K","ticker":"SDEV","cik":"0001389545","company_name":"Stablecoin Development Corp","filed_at":"2026-09-08T20:55:39+00:00","discovered_at":"2026-09-08T20:56:03.761694+00:00","generated_at":"2026-09-08T20:56:15.486040+00:00","sec_items":["3.03","5.03","5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Stablecoin Development appoints David Garcia Rios as Class II director","bullets":["Appointed David Garcia Rios to Board as Class II director, effective Sept 2, 2026; term expires at 2027 annual meeting.","Garcia Rios nominated by Sky Frontier Foundation (SFF), which owns ~9.99% of company; he serves as SFF director/consultant since June 2025.","Standard director compensation: $40k annual cash, paid quarterly; no initial equity award due to SFF affiliation.","Company withdrew certificates of designation for Series A-F preferred stock, eliminating them from charter; no shares outstanding.","Company and Garcia Rios entered indemnification agreement on Sept 3, 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-029847","json":"https://secwatch.observer/filing/0001437749-26-029847.json","markdown":"https://secwatch.observer/filing/0001437749-26-029847.md","text":"https://secwatch.observer/filing/0001437749-26-029847.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1389545/000143774926029847/0001437749-26-029847-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1389545/000143774926029847/sdev20260903_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-08T20:56:15.486040+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":"91a8f381aa","claim":"David Garcia Rios was appointed as Class II director at Stablecoin Development Corp.","evidence_excerpt":"On September 2, 2026, the board of directors (the “Board”) of Stablecoin Development Corporation (the “Company”) appointed David Garcia Rios to serve as a member of the Board as a Class II director, effective immediately upon appointment.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1389545/000143774926029847/0001437749-26-029847-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Class II director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}