{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-014770","form_type":"8-K","ticker":"VSTD","cik":"0001898604","company_name":"Vestand Inc.","filed_at":"2025-06-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.413306+00:00","generated_at":"2026-05-19T11:21:41.192859+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Yoshiharu Global appoints Ji-Won Kim as CEO, John Oh as CFO; removes James Chae and Ryan Cho","bullets":["Board removed James Chae as Co-CEO and appointed Ji-Won Kim as sole CEO, effective June 10, 2025.","Board removed Ryan Cho as CFO and appointed John Oh as CFO, effective June 10, 2025.","Young-Soo Choi appointed as independent director; also named audit committee financial expert.","Ji-Won Kim has 20+ years in food service, previously CEO of Macho Galbi; John Oh is CPA with 20+ years experience.","Committee chairs: Jae-Hyo Seo (Audit), Seongjin Kim (Compensation), Young-Soo Choi (Nominating & Governance)."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-014770","json":"https://secwatch.observer/filing/0001641172-25-014770.json","markdown":"https://secwatch.observer/filing/0001641172-25-014770.md","text":"https://secwatch.observer/filing/0001641172-25-014770.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1898604/000164117225014770/0001641172-25-014770-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1898604/000164117225014770/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T11:21:41.192859+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":"023d36ed6d","claim":"James Chae was removed as Co-Chief Executive Officer at Vestand Inc..","evidence_excerpt":"removed James Chae as the Co-Chief Executive Officer.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1898604/000164117225014770/0001641172-25-014770-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"removed"},{"label":"Role","value":"Co-Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"88459ad4a6","claim":"Ryan Cho was removed as Chief Financial Officer at Vestand Inc..","evidence_excerpt":"removed Ryan Cho as the Chief Financial Officer.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1898604/000164117225014770/0001641172-25-014770-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"removed"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"a61ecdf21d","claim":"Young-Soo Choi was appointed as Independent Director at Vestand Inc..","evidence_excerpt":"appointed Young-Soo Choi as an independent director.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1898604/000164117225014770/0001641172-25-014770-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Independent Director"}],"fact_type":"executive_change"},{"claim_id":"afac8505df","claim":"John Oh was appointed as Chief Financial Officer at Vestand Inc..","evidence_excerpt":"appointed John Oh to serve as the Chief Financial Officer of the Company","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1898604/000164117225014770/0001641172-25-014770-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"bac10040fc","claim":"Ji-Won Kim was appointed as Chief Executive Officer at Vestand Inc..","evidence_excerpt":"appointed Ji-Won Kim to serve as the sole Chief Executive Officer of the Company","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1898604/000164117225014770/0001641172-25-014770-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"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"}