{"schema_version":"secwatch.filing_event.v1","accession":"0001753926-24-000103","form_type":"8-K","ticker":"CJAX","cik":"0001763925","company_name":"CoJax Oil & Gas Corp","filed_at":"2024-01-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.445301+00:00","generated_at":"2026-06-06T23:21:46.843766+00:00","sec_items":["1.01","5.02","3.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"CoJax Oil and Gas appoints new CEO/Chairman Downs; former CEO Guzy becomes CFO","bullets":["Wm. Barrett Wellman resigned as CFO and Secretary; Jeffrey Guzy succeeded as CFO, Secretary, Treasurer.","Jeffrey Guzy resigned as CEO, President, Chairman; William R. Downs appointed CEO, President, Chairman and director.","Downs receives $150k/year base salary and 100,000 shares of common stock upon signing employment agreement.","Guzy's new employment agreement provides $100k/year base salary, convertible to shares at $2.00 or market price.","Board increased from two to three members; Downs fills new directorship."],"urls":{"canonical":"https://secwatch.observer/filing/0001753926-24-000103","json":"https://secwatch.observer/filing/0001753926-24-000103.json","markdown":"https://secwatch.observer/filing/0001753926-24-000103.md","text":"https://secwatch.observer/filing/0001753926-24-000103.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1763925/000175392624000103/0001753926-24-000103-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1763925/000175392624000103/g083948_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T23:21:46.843766+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":"003f2e2dd6","claim":"Wm. Barrett Wellman resigned as Chief Financial Officer at CoJax Oil & Gas Corp.","evidence_excerpt":"Effective as of January 10, 2024, Wm. Barrett Wellman resigned from his positions as Chief Financial Officer and Secretary of CoJax Oil and Gas Corporation, a Virginia corporation (the “Company”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1763925/000175392624000103/0001753926-24-000103-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"0cb03d3eb3","claim":"William R. Downs was appointed as Chief Executive Officer at CoJax Oil & Gas Corp.","evidence_excerpt":"effective immediately upon Mr. Guzy’s resignation from positions as Chief Executive Officer, Chairman of the Board and President, the Board appointed William R. Downs as Chief Executive Officer, President, and Chairman.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1763925/000175392624000103/0001753926-24-000103-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":"19ab0258e7","claim":"Jeffrey J. Guzy resigned as Chief Executive Officer at CoJax Oil & Gas Corp.","evidence_excerpt":"On January 10, 2024, Mr. Guzy resigned from Chief Executive Officer, President and Chairman of the Board positions.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1763925/000175392624000103/0001753926-24-000103-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"1ecc3974c4","claim":"William R. Downs was appointed as Director at CoJax Oil & Gas Corp.","evidence_excerpt":"the Board increased its size from two directors to three directors pursuant to the Bylaws of the Company and appointed William R. Downs to fill this new directorship, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1763925/000175392624000103/0001753926-24-000103-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"c448c61046","claim":"Jeffrey J. Guzy was appointed as Chief Financial Officer at CoJax Oil & Gas Corp.","evidence_excerpt":"Effective immediately upon Mr. Wellman’s resignation, the board of directors of the Company (the “Board”) appointed Jeffrey J. Guzy as the Company’s Chief Financial Officer, Secretary and Treasurer.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1763925/000175392624000103/0001753926-24-000103-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}