{"schema_version":"secwatch.filing_event.v1","accession":"0001829126-23-002149","form_type":"8-K","ticker":"AFCG","cik":"0001822523","company_name":"Advanced Flower Capital Inc.","filed_at":"2023-03-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.803653+00:00","generated_at":"2026-06-17T23:08:49.288323+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"AFC Gamma names Brandon Hetzel CFO, Brett Kaufman to depart April 17","bullets":["Brett Kaufman's employment as CFO/Treasurer terminates effective April 17, 2023; severance includes 12 months base salary, target bonus, COBRA, and accelerated vesting.","Brandon Hetzel appointed CFO/Treasurer, effective March 17, 2023; previously EVP, Controller since December 2022.","Hetzel's employment agreement: $250k base salary, target bonuses $75k (2023) and $112.5k (2024), and equity grants.","Transition described as part of 'rightsizing the accounting team' per press release."],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-23-002149","json":"https://secwatch.observer/filing/0001829126-23-002149.json","markdown":"https://secwatch.observer/filing/0001829126-23-002149.md","text":"https://secwatch.observer/filing/0001829126-23-002149.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1822523/000182912623002149/0001829126-23-002149-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1822523/000182912623002149/afcgammainc_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T23:08:49.288323+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":"46f0efcd82","claim":"Brandon Hetzel was appointed as Chief Financial Officer and Treasurer at Advanced Flower Capital Inc..","evidence_excerpt":"On March 17, 2023, the Company’s Board of Directors (the “Board”) appointed Brandon Hetzel as the Chief Financial Officer and Treasurer of the Company, effective on such date","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1822523/000182912623002149/0001829126-23-002149-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Financial Officer and Treasurer"}],"fact_type":"executive_change"},{"claim_id":"e4477af630","claim":"Brett Kaufman was terminated as Chief Financial Officer and Treasurer at Advanced Flower Capital Inc..","evidence_excerpt":"Brett Kaufman’s employment as the Chief Financial Officer and Treasurer of AFC Gamma, Inc. (the “Company”) will terminate effective April 17, 2023","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1822523/000182912623002149/0001829126-23-002149-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"terminated"},{"label":"Role","value":"Chief Financial Officer and Treasurer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}