{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-025254","form_type":"8-K","ticker":"FATAQ","cik":"0001705012","company_name":"Fat Brands, Inc","filed_at":"2023-07-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.922095+00:00","generated_at":"2026-06-13T05:00:42.746959+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Former CEO Andrew Wiederhorn exits as CEO, signs separation & consulting deal; $950k final bonus, $1,850/hr fee","bullets":["Former CEO Andrew Wiederhorn resigned effective May 5, 2023; now provides consulting via Fog Cutter Consulting Corp.","Separation agreement includes $950,000 final bonus for 2023; stock options continue vesting during consulting term.","Consulting agreement pays Fog Cutter Consulting $1,850 per hour; Wiederhorn also receives standard board fees as director.","Company advances all attorney fees and expenses to Wiederhorn related to pending litigation and investigations, no clawback.","Mutual releases of claims; Wiederhorn agrees to cooperate with company on investigations and legal matters."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-025254","json":"https://secwatch.observer/filing/0001493152-23-025254.json","markdown":"https://secwatch.observer/filing/0001493152-23-025254.md","text":"https://secwatch.observer/filing/0001493152-23-025254.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1705012/000149315223025254/0001493152-23-025254-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1705012/000149315223025254/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T05:00:42.746959+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":"7ae64dc616","claim":"Andrew A. Wiederhorn resigned as Chief Executive Officer at Fat Brands, Inc.","evidence_excerpt":"As previously announced, Andrew A. Wiederhorn resigned as Chief Executive Officer of FAT Brands Inc. (the “ Company ”) effective as of May 5, 2023","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1705012/000149315223025254/0001493152-23-025254-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}