{"schema_version":"secwatch.filing_event.v1","accession":"0001731122-23-000418","form_type":"8-K","ticker":"KAVL","cik":"0001762239","company_name":"Kaival Brands Innovations Group, Inc.","filed_at":"2023-03-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.451964+00:00","generated_at":"2026-06-17T23:02:51.387540+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Kaival Brands appoints ex-Altria exec Barry Hopkins Chairman; Reuter retires","bullets":["Paul Reuter retired as Chairman and from all committees on March 18, 2023, with no disagreement with management.","Board expanded from 5 to 7; new directors: Barry Hopkins (Chairman, ex-Altria), David Worner (accounting), Mark Thoenes (CFO).","Hopkins and Worner receive $100k annual cash and 125,000 options vesting 1 year; Thoenes no additional pay.","Committees reconstituted: Audit (Brooks, Worner, Chuang), Compensation (Worner, Hopkins, Chuang), Governance (Hopkins, Worner, Brooks).","Press release issued March 20, 2023, announcing board changes."],"urls":{"canonical":"https://secwatch.observer/filing/0001731122-23-000418","json":"https://secwatch.observer/filing/0001731122-23-000418.json","markdown":"https://secwatch.observer/filing/0001731122-23-000418.md","text":"https://secwatch.observer/filing/0001731122-23-000418.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1762239/000173112223000418/0001731122-23-000418-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1762239/000173112223000418/e4516_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T23:02:51.387540+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":"0b948dbeba","claim":"David Worner was appointed as Director at Kaival Brands Innovations Group, Inc..","evidence_excerpt":"The Board subsequently appointed Messrs. Barry M. Hopkins, David Worner and Mark Thoenes to the Board to fill the three resulting vacancies.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1762239/000173112223000418/0001731122-23-000418-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"1c1e7e17e3","claim":"Barry M. Hopkins was appointed as Chairman of the Board at Kaival Brands Innovations Group, Inc..","evidence_excerpt":"The Board subsequently appointed Messrs. Barry M. Hopkins, David Worner and Mark Thoenes to the Board to fill the three resulting vacancies.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1762239/000173112223000418/0001731122-23-000418-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chairman of the Board"}],"fact_type":"executive_change"},{"claim_id":"36d7a26aa6","claim":"Paul Reuter resigned as Chairman of the Board at Kaival Brands Innovations Group, Inc..","evidence_excerpt":"On March 18, 2023, Paul Reuter notified the Board of Directors (the “ Board ”) of Kaival Brands Innovations Group, Inc. (the “ Company ”) of his intent to retire and resign from the office of Chairman of the Board and each Board committee on which he serves, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1762239/000173112223000418/0001731122-23-000418-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chairman of the Board"}],"fact_type":"executive_change"},{"claim_id":"bafefb19a1","claim":"Mark Thoenes was appointed as Director at Kaival Brands Innovations Group, Inc..","evidence_excerpt":"The Board subsequently appointed Messrs. Barry M. Hopkins, David Worner and Mark Thoenes to the Board to fill the three resulting vacancies.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1762239/000173112223000418/0001731122-23-000418-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}