{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-022483","form_type":"8-K","ticker":null,"cik":"0001372954","company_name":"Ameritrust Corp","filed_at":"2024-06-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.136952+00:00","generated_at":"2026-06-01T06:29:30.292019+00:00","sec_items":["5.01","5.02"],"event_type":"leadership","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Ameritrust announces CEO change and board dismissals for embezzlement and misconduct","bullets":["Appointed Kang Seok Song as CEO effective March 15, 2024; previously Secretary and Director.","Board dismissed two directors in Nov and Dec 2023 for embezzlement of corporate funds and negligence.","Board reorganized March 15, 2024; appointed Sook-Rye Min as Secretary/Director and Jong-Sun Kim as Director.","Former CEO Jong-Sun Kim (June 2023–March 2024) now serves as Director; also GM at Beespoke Capital."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-022483","json":"https://secwatch.observer/filing/0001493152-24-022483.json","markdown":"https://secwatch.observer/filing/0001493152-24-022483.md","text":"https://secwatch.observer/filing/0001493152-24-022483.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1372954/000149315224022483/0001493152-24-022483-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1372954/000149315224022483/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T06:29:30.292019+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":"5ffa42e6e3","claim":"Jong-Sun Kim was appointed as Director at Ameritrust Corp.","evidence_excerpt":"Jong-Sun Kim has served as a Director of Ameritrust Corporation since March 15, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1372954/000149315224022483/0001493152-24-022483-index.htm","confidence":0.85,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"7d56ad85f3","claim":"Kang Seok Song was appointed as Chief Executive Officer at Ameritrust Corp.","evidence_excerpt":"Kang Seok Song has been appointed as CEO of Ameritrust Corporation effective March 15, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1372954/000149315224022483/0001493152-24-022483-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"c4f5881b8b","claim":"Sook-Rye Min was appointed as Secretary and Director at Ameritrust Corp.","evidence_excerpt":"Sook-Rye Min has been appointed as Secretary and Director of Ameritrust Corporation effective March 15, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1372954/000149315224022483/0001493152-24-022483-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Secretary and Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}