{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-016507","form_type":"8-K","ticker":"BENF","cik":"0001775734","company_name":"Beneficient","filed_at":"2025-06-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.670189+00:00","generated_at":"2026-05-18T19:43:56.342595+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Beneficient CEO/Chairman Brad Heppner resigns amid audit interview dispute","bullets":["Brad Heppner resigned as CEO and director effective June 19, 2025, after refusing a formal interview about documents provided to auditors in 2019.","Resignation follows request from Audit Committee; Heppner's counsel alleges company threatened 8-K to pressure concessions.","Heppner rejected proposals including conversion of preferred shares held by BHI to meet Nasdaq equity requirements.","Heppner stated only viable course for company is orderly wind down of operations."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-016507","json":"https://secwatch.observer/filing/0001641172-25-016507.json","markdown":"https://secwatch.observer/filing/0001641172-25-016507.md","text":"https://secwatch.observer/filing/0001641172-25-016507.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1775734/000164117225016507/0001641172-25-016507-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1775734/000164117225016507/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T19:43:56.342595+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"}