{"schema_version":"secwatch.filing_event.v1","accession":"0001829126-25-003401","form_type":"8-K","ticker":null,"cik":"0001893311","company_name":"LUXURBAN HOTELS INC.","filed_at":"2025-05-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.396280+00:00","generated_at":"2026-05-22T19:15:57.723177+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Interim CEO Brian Ferdinand to step down; remains chairman after 10-K filing","bullets":["Began as interim CEO Dec 20, 2024; led restructuring cutting ~$15.5M in liabilities.","Initiated litigation targeting up to $7.0M recovery; preparing to relaunch Hotel 46.","No new CEO appointed; operations continue under President Elster and CFO James.","Ferdinand forwent all compensation to extend operating runway toward profitability.","Company says reduced footprint and expenses should achieve near-term profitability."],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-25-003401","json":"https://secwatch.observer/filing/0001829126-25-003401.json","markdown":"https://secwatch.observer/filing/0001829126-25-003401.md","text":"https://secwatch.observer/filing/0001829126-25-003401.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1893311/000182912625003401/0001829126-25-003401-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1893311/000182912625003401/luxurban_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T19:15:57.723177+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":"6ef727f412","claim":"Brian Ferdinand changed role as non-executive chairman at LUXURBAN HOTELS INC..","evidence_excerpt":"On May 1, 2025, Brian Ferdinand, Interim Chief Executive Officer of LuxUrban Hotels Inc. (the “Company”), notified the Board of Directors (the “Board”) of his intention to transition to non-executive chairman from Interim Chief Executive Officer, effective following the filing of the Company’s annual report on Form 10-K for the year ended December 31, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1893311/000182912625003401/0001829126-25-003401-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"transitioned"},{"label":"Role","value":"non-executive chairman"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}