{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-010475","form_type":"8-K","ticker":"FATAQ","cik":"0001705012","company_name":"Fat Brands, Inc","filed_at":"2023-04-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.125697+00:00","generated_at":"2026-06-17T07:06:09.607545+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"FAT Brands board overhaul: five directors removed, seven new appointed, controlled company status elected","bullets":["Majority holder removed five directors (Anderson, Collier, Forrestal, Neuhauser, Rensi) on March 28, 2023.","Board increased to 10; appointed seven new directors including family members (Wiederhorns, Berchtold, Child); Collier and Elenowitz later re-appointed.","Company elected controlled company status under Nasdaq; dissolved Compensation and Nominating committees.","Non-employee director cash compensation raised to $120k/year from $80k (plus $40k committee pay formerly).","New directors include employees with FY2022 compensation: e.g., Mason Wiederhorn $523k base + $1.22M bonus."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-010475","json":"https://secwatch.observer/filing/0001493152-23-010475.json","markdown":"https://secwatch.observer/filing/0001493152-23-010475.md","text":"https://secwatch.observer/filing/0001493152-23-010475.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1705012/000149315223010475/0001493152-23-010475-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1705012/000149315223010475/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T07:06:09.607545+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":"022103a8ac","claim":"Mason Wiederhorn was appointed as Director at Fat Brands, Inc.","evidence_excerpt":"appointed the following individuals to fill vacancies on the 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Brands, Inc.","evidence_excerpt":"on April 1, 2023, Mark Elenowitz was appointed as a director on the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1705012/000149315223010475/0001493152-23-010475-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"51949740b6","claim":"Kenneth Kepp was appointed as Director at Fat Brands, Inc.","evidence_excerpt":"appointed the following individuals to fill vacancies on the Board: Donald Berchtold, Tyler Child, Kenneth Kepp, Carmen Vidal, Mason Wiederhorn, Taylor Wiederhorn and Thayer Wiederhorn.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1705012/000149315223010475/0001493152-23-010475-index.htm","confidence":0.95,"family_label":"Executive 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Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}