{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-010484","form_type":"8-K","ticker":null,"cik":"0001745032","company_name":"Lodging Fund REIT III, Inc.","filed_at":"2023-05-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.353387+00:00","generated_at":"2026-06-14T14:44:16.699557+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Lodging Fund REIT III CEO resigns; Norman Leslie appointed as CEO and Secretary","bullets":["Corey R. Maple resigned as CEO and Secretary on May 19, 2023; remains Chairman of the Board.","Norman H. Leslie, age 56, appointed CEO and Secretary effective May 19, 2023; retains President, CIO, Treasurer roles.","Leslie co-owns external advisor Legendary Capital REIT III with Maple; related-party transactions disclosed including fees.","A-1 Bonds line of credit increased to $13.3M; $10.7M outstanding as of May 25, 2023.","NHS, majority-owned by Leslie, provides management services; company made $600K loan to NHS at 7% interest."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-010484","json":"https://secwatch.observer/filing/0001558370-23-010484.json","markdown":"https://secwatch.observer/filing/0001558370-23-010484.md","text":"https://secwatch.observer/filing/0001558370-23-010484.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1745032/000155837023010484/0001558370-23-010484-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1745032/000155837023010484/lfr-20230519x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T14:44:16.699557+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":"805692738c","claim":"Norman H. Leslie was appointed as Chief Executive Officer at Lodging Fund REIT III, Inc..","evidence_excerpt":"On May 19, 2023, the Company’s Board of Directors appointed Mr. Norman H. Leslie, age 56, as the Company’s Chief Executive Officer, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1745032/000155837023010484/0001558370-23-010484-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":"bd3b42d770","claim":"Corey R. Maple resigned as Chief Executive Officer and Secretary at Lodging Fund REIT III, Inc..","evidence_excerpt":"On May 19, 2023, Mr. Corey R. Maple tendered his resignation, effective May 19, 2023, as Chief Executive Officer and Secretary of Lodging Fund REIT III, Inc.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1745032/000155837023010484/0001558370-23-010484-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Executive Officer and Secretary"}],"fact_type":"executive_change"},{"claim_id":"fc30d9b8ac","claim":"Norman H. Leslie was appointed as Secretary at Lodging Fund REIT III, Inc..","evidence_excerpt":"The Company’s Board of Directors also appointed Mr. Leslie as the Company’s Secretary, effective May 19, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1745032/000155837023010484/0001558370-23-010484-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Secretary"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}