{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-050331","form_type":"8-K","ticker":"RAND","cik":"0000081955","company_name":"RAND CAPITAL CORP","filed_at":"2024-12-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.096426+00:00","generated_at":"2026-05-29T02:39:43.578070+00:00","sec_items":["7.01","9.01"],"event_type":"dividend","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Rand Capital issues shareholder notice for $4.20 dividend election; cash portion capped at 20% of $10.8M","bullets":["Dividend of $4.20 per share, aggregate ~$10.8M, payable Jan 24, 2025 to holders of record Dec 16, 2024.","Total cash component limited to 20% of aggregate dividend; excess cash elections pro-rated.","Stock price for conversion set at VWAP $22.30 (Dec 11-13), resulting in ~388,806 new shares.","Shareholders can elect cash or stock; election forms due Jan 7, 2025; silence defaults to cash election."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-050331","json":"https://secwatch.observer/filing/0001493152-24-050331.json","markdown":"https://secwatch.observer/filing/0001493152-24-050331.md","text":"https://secwatch.observer/filing/0001493152-24-050331.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/81955/000149315224050331/0001493152-24-050331-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/81955/000149315224050331/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T02:39:43.578070+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}