---
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"
generated_at: "2026-09-08T20:56:15.486040+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Stablecoin Development appoints David Garcia Rios as Class II director

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 3.03, 5.03, 5.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-029847
- JSON: https://secwatch.observer/filing/0001437749-26-029847.json
- Plain text: https://secwatch.observer/filing/0001437749-26-029847.txt

## Key facts
- Executive change
  David Garcia Rios was appointed as Class II director at Stablecoin Development Corp.
  - Action: appointed
  - Role: Class II director
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1389545/000143774926029847/0001437749-26-029847-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.