{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-22-024311","form_type":"8-K","ticker":"OPHC","cik":"0001288855","company_name":"OptimumBank Holdings, Inc.","filed_at":"2022-08-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:55.289169+00:00","generated_at":"2026-06-23T20:01:57.908807+00:00","sec_items":["5.02","3.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"OptimumBank Holdings elects Steven Newman as director, sells 17,000 shares at $4.50 each","bullets":["Steven Newman elected to board to fill vacancy from Heng Fai Ambrose Chan's resignation; term expires at 2023 annual meeting.","Newman is CEO of Newman Group LLC, a real estate firm, and co-founder/chairman of Freight Factoring Specialists.","Company sold 17,000 shares of common stock to Newman at $4.50 per share ($76,500 total) in unregistered transaction under Section 4(a)(2).","Newman is independent under NASDAQ rules; no arrangements or related-party transactions disclosed."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-22-024311","json":"https://secwatch.observer/filing/0001493152-22-024311.json","markdown":"https://secwatch.observer/filing/0001493152-22-024311.md","text":"https://secwatch.observer/filing/0001493152-22-024311.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1288855/000149315222024311/0001493152-22-024311-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1288855/000149315222024311/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T20:01:57.908807+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":"3c8c2dcee8","claim":"Steven Newman was elected as Director at OptimumBank Holdings, Inc..","evidence_excerpt":"On August 23, 2022, the Board of Directors of OptimumBank Holdings, Inc. (the “Company”) elected Steven Newman as a director to fill the vacancy resulting from the earlier resignation of director Heng Fai Ambrose Chan.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1288855/000149315222024311/0001493152-22-024311-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"e490cf8c5a","claim":"Heng Fai Ambrose Chan resigned as Director at OptimumBank Holdings, Inc..","evidence_excerpt":"the earlier resignation of director Heng Fai Ambrose Chan","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1288855/000149315222024311/0001493152-22-024311-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}