{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-26-003617","form_type":"8-K","ticker":"APCX","cik":"0001070050","company_name":"AppTech Payments Corp.","filed_at":"2026-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:31.906051+00:00","generated_at":"2026-05-14T19:40:22.421703+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"AppTech Payments designates Albert L. Lord as Executive Chairman, formalizes CEO/COO employment","bullets":["Albert L. Lord designated Executive Chairman effective May 4, 2026; steps down from Compensation Committee, no longer independent.","CEO Thomas DeRosa employment formalized with $384,000 base salary plus discretionary bonus and equity/benefit plan eligibility.","COO Anthony Shall employment formalized with $240,000 base salary plus discretionary bonus and equity/benefit plan eligibility.","Both executives already serving; arrangements ratify terms of continuing employment."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-26-003617","json":"https://secwatch.observer/filing/0001683168-26-003617.json","markdown":"https://secwatch.observer/filing/0001683168-26-003617.md","text":"https://secwatch.observer/filing/0001683168-26-003617.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1070050/000168316826003617/0001683168-26-003617-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1070050/000168316826003617/apptech_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T19:40:22.421703+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":"42ded06d14","claim":"Albert L. Lord was appointed as Executive Chairman at AppTech Payments Corp..","evidence_excerpt":"the designation of Albert L. Lord as Executive Chairman of the Company","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1070050/000168316826003617/0001683168-26-003617-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"designated"},{"label":"Role","value":"Executive Chairman"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}