{"schema_version":"secwatch.filing_event.v1","accession":"0001766478-26-000038","form_type":"8-K","ticker":"AOMR","cik":"0001766478","company_name":"Angel Oak Mortgage REIT, Inc.","filed_at":"2026-05-20T20:31:17+00:00","discovered_at":"2026-05-20T20:32:00.246717+00:00","generated_at":"2026-05-20T20:33:01.413497+00:00","sec_items":["1.01","1.02","5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Angel Oak Mortgage REIT to repurchase $15M of stock from Xylem; board member resigns","bullets":["Repurchase of $15M of common stock from Xylem Finance LLC at 3% discount to 10-day VWAP; closing expected May 20, 2026.","Vikram Shankar resigns from board effective upon closing, reducing board size to 7 directors.","Shareholder Rights Agreement with Xylem terminated; Xylem loses board nomination rights.","Xylem permanently waives demand and shelf registration rights, retaining only piggyback rights."],"urls":{"canonical":"https://secwatch.observer/filing/0001766478-26-000038","json":"https://secwatch.observer/filing/0001766478-26-000038.json","markdown":"https://secwatch.observer/filing/0001766478-26-000038.md","text":"https://secwatch.observer/filing/0001766478-26-000038.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1766478/000176647826000038/0001766478-26-000038-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1766478/000176647826000038/aomr-20260519.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T20:33:01.413497+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":"9897e7424a","claim":"Vikram Shankar resigned as member of the Board of Directors at Angel Oak Mortgage REIT, Inc..","evidence_excerpt":"On May 20, 2026, in connection with the execution of the Stock Repurchase Agreement, Mr. Vikram Shankar resigned as a member of the Company’s Board of Directors, with such resignation being effective as of the Closing Date and being subject to the closing of the Share Repurchase.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1766478/000176647826000038/0001766478-26-000038-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"member of the Board of Directors"}],"fact_type":"executive_change"},{"claim_id":"667f299a1400c2684fca4cb2ce3c5a6deeb0df72","claim":"Angel Oak Mortgage REIT, Inc. entered into Stock Repurchase Agreement with Xylem Finance LLC valued at $15.0 million (effective 2026-05-19).","evidence_excerpt":"On May 19, 2026, Angel Oak Mortgage REIT, Inc. (the “Company”) and Falcons I, LLC, a Delaware limited liability company and the Company’s external manager (the “Manager”), entered into a stock repurchase agreement (the “Stock Repurchase Agreement”) with Xylem Finance LLC, a Delaware limited liability company (“Xylem”) and an affiliate of Davidson Kempner Capital Management LP, relating to the Company’s repurchase of shares of the Company’s common stock, par value $0.01 per share (the “common stock”), owned by Xylem (the “Share Repurchase”) having an aggregate purchase price of $15.0 million.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1766478/000176647826000038/0001766478-26-000038-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Xylem Finance LLC"},{"label":"Value","value":"$15.0 million"},{"label":"Effective","value":"2026-05-19"}],"fact_type":"material_agreement"},{"claim_id":"c2a1e171ce672ab3aff4b9355a239c69bd85ce86","claim":"Angel Oak Mortgage REIT, Inc. terminated Shareholder Rights Agreement with Xylem Finance LLC.","evidence_excerpt":"Pursuant to the Stock Repurchase Agreement, the Company, the Manager and Xylem have agreed to terminate that certain Shareholder Rights Agreement, dated as of June 21, 2021, among the Company, the Manager and Xylem (the “Shareholder Rights Agreement”), effective upon Mr. Vikram Shankar’s resignation from the Company’s Board of Directors, and subject to the closing of the Share Repurchase.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1766478/000176647826000038/0001766478-26-000038-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Counterparty","value":"Xylem Finance LLC"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}