{"filing":{"accession_number":"0001663577-26-000236","cik":"0001795851","ticker":"SWRD","company_name":"Stewards, Inc.","form":"8-K","filing_date":"2026-07-30","report_date":"2026-07-24","primary_document":"swrd_8k07272026.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1795851/000166357726000236/swrd_8k07272026.htm"},"events":[{"id":22691,"run_id":20528,"accession_number":"0001663577-26-000236","anchor_item_number":"2.03","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"summary":"Stewards, Inc. issued $5.0 million in Secured Convertible Promissory Notes and accompanying Common Stock Purchase Warrants to three accredited investors on July 27, 2026, exempt from registration under Section 4(a)(2) and Regulation D. The Convertible Notes automatically convert into Common Stock at $3.00 per share at maturity (180 days), and the Warrants entitle holders to purchase 1,666,665 additional shares at $3.00 per share for five years.","company_name":"Stewards, Inc.","ticker":"SWRD","filing_date":"2026-07-30","form":"8-K","submitted_at":null,"items":[{"id":22712,"accession_number":"0001663577-26-000236","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Item 2.03 is the dedicated disclosure item for creation of direct financial obligations, which encompasses debt issuance, credit facility entry, term loans, and debt tender offers. The Item number itself is a strong signal that the registrant has created a new financial obligation, typically a debt instrument or credit arrangement.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-02T02:18:26.677800+00:00","company_name":"","ticker":null,"filing_date":""},{"id":22713,"accession_number":"0001663577-26-000236","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"The filing discloses a $5.0 million private placement of Secured Convertible Promissory Notes and accompanying Common Stock Purchase Warrants issued to three accredited investors on July 27, 2026, exempt from registration under Section 4(a)(2) and Regulation D. The Convertible Notes automatically convert into Common Stock at $3.00 per share at maturity (180 days), and the Warrants entitle holders to purchase 1,666,665 additional shares at $3.00 per share for five years. This is a classic dilutive equity issuance raising capital through convertible securities and warrants, fitting Item 3.02 disclosure requirements.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-02T02:18:26.677800+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":22692,"run_id":20528,"accession_number":"0001663577-26-000236","anchor_item_number":"1.01","event_type":"operational_other","event_domain":"operational","is_material":true,"confidence":0.65,"summary":"The Company entered into a material definitive agreement disclosed under Item 1.01; the specific nature of the agreement (contract, partnership, supply arrangement, or other operational arrangement) cannot be determined from the Item classification alone.","company_name":"Stewards, Inc.","ticker":"SWRD","filing_date":"2026-07-30","form":"8-K","submitted_at":null,"items":[{"id":22711,"accession_number":"0001663577-26-000236","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"operational_other","event_domain":"operational","is_material":true,"confidence":0.65,"reasoning":"Item 1.01 discloses entry into a material definitive agreement. Without the specific prose, the agreement's nature cannot be determined—it could be a contract, partnership, supply agreement, or other operational arrangement. The Item 1.01 designation and \"material definitive agreement\" language indicate materiality, but the absence of text prevents classification into a more specific category (e.g., ma_activity, debt_issuance, or operational_other with higher confidence). Operational_other is appropriate when the event is clearly material and operational but the specific type is unclear from the Item number alone.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-02T02:18:26.677800+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":22711,"accession_number":"0001663577-26-000236","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"operational_other","event_domain":"operational","is_material":true,"confidence":0.65,"reasoning":"Item 1.01 discloses entry into a material definitive agreement. Without the specific prose, the agreement's nature cannot be determined—it could be a contract, partnership, supply agreement, or other operational arrangement. The Item 1.01 designation and \"material definitive agreement\" language indicate materiality, but the absence of text prevents classification into a more specific category (e.g., ma_activity, debt_issuance, or operational_other with higher confidence). Operational_other is appropriate when the event is clearly material and operational but the specific type is unclear from the Item number alone.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-02T02:18:26.677800+00:00","company_name":"Stewards, Inc.","ticker":"SWRD","filing_date":"2026-07-30"},{"id":22712,"accession_number":"0001663577-26-000236","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Item 2.03 is the dedicated disclosure item for creation of direct financial obligations, which encompasses debt issuance, credit facility entry, term loans, and debt tender offers. The Item number itself is a strong signal that the registrant has created a new financial obligation, typically a debt instrument or credit arrangement.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-02T02:18:26.677800+00:00","company_name":"Stewards, Inc.","ticker":"SWRD","filing_date":"2026-07-30"},{"id":22713,"accession_number":"0001663577-26-000236","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"The filing discloses a $5.0 million private placement of Secured Convertible Promissory Notes and accompanying Common Stock Purchase Warrants issued to three accredited investors on July 27, 2026, exempt from registration under Section 4(a)(2) and Regulation D. The Convertible Notes automatically convert into Common Stock at $3.00 per share at maturity (180 days), and the Warrants entitle holders to purchase 1,666,665 additional shares at $3.00 per share for five years. This is a classic dilutive equity issuance raising capital through convertible securities and warrants, fitting Item 3.02 disclosure requirements.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-02T02:18:26.677800+00:00","company_name":"Stewards, Inc.","ticker":"SWRD","filing_date":"2026-07-30"}]}