{"filing":{"accession_number":"0001683168-26-005916","cik":"0001813603","ticker":"HSTA","company_name":"Hestia Insight Inc.","form":"8-K","filing_date":"2026-08-03","report_date":"2026-07-31","primary_document":"hestia_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1813603/000168316826005916/hestia_8k.htm"},"events":[{"id":23452,"run_id":21203,"accession_number":"0001683168-26-005916","anchor_item_number":"1.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.88,"summary":"Hestia Insight Inc. entered into and completed a Strategic Divestiture \u0026 Settlement Agreement on July 31, 2026, transferring 100% of the equity interests in its wholly-owned subsidiary Hestia Investments Inc. to Chairman and President Edward C. Lee, including all operating assets, accounts, and property. The transaction includes additional consideration to shareholders of 20% of net earnings for 24 months and represents a material disposition of a subsidiary.","company_name":"Hestia Insight Inc.","ticker":"HSTA","filing_date":"2026-08-03","form":"8-K","submitted_at":null,"items":[{"id":23676,"accession_number":"0001683168-26-005916","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.92,"reasoning":"The Company entered into a Strategic Divestiture \u0026 Settlement Agreement transferring 100% of equity interests in its wholly-owned subsidiary Hestia Investments Inc. to Chairman and President Edward C. Lee, including all operating assets, accounts, and property. This constitutes a material disposition of a subsidiary under Item 1.01, with additional consideration granted to shareholders (20% of net earnings for 24 months), making it a significant capital structure and M\u0026A event.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-04T02:32:58.889249+00:00","company_name":"","ticker":null,"filing_date":""},{"id":23677,"accession_number":"0001683168-26-005916","item_number":"2.01","item_title":"Completion of Disposition of Assets.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.85,"reasoning":"The filing discloses completion of a disposition of assets on July 31, 2026, involving transfer of 100% of outstanding capital stock and operational holdings of a subsidiary (Hestia Investments Inc.) to an executive, with full deconsolidation from the company's financial records. This constitutes a material disposition of assets under Item 2.01, though the unusual characterization as an \"executive settlement\" and reference to Schedule 14C authorization suggests a complex transaction that may also have compensation or governance dimensions. The materiality is clear given the complete divestiture of a subsidiary.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-04T02:32:58.889249+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":23676,"accession_number":"0001683168-26-005916","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.92,"reasoning":"The Company entered into a Strategic Divestiture \u0026 Settlement Agreement transferring 100% of equity interests in its wholly-owned subsidiary Hestia Investments Inc. to Chairman and President Edward C. Lee, including all operating assets, accounts, and property. This constitutes a material disposition of a subsidiary under Item 1.01, with additional consideration granted to shareholders (20% of net earnings for 24 months), making it a significant capital structure and M\u0026A event.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-04T02:32:58.889249+00:00","company_name":"Hestia Insight Inc.","ticker":"HSTA","filing_date":"2026-08-03"},{"id":23677,"accession_number":"0001683168-26-005916","item_number":"2.01","item_title":"Completion of Disposition of Assets.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.85,"reasoning":"The filing discloses completion of a disposition of assets on July 31, 2026, involving transfer of 100% of outstanding capital stock and operational holdings of a subsidiary (Hestia Investments Inc.) to an executive, with full deconsolidation from the company's financial records. This constitutes a material disposition of assets under Item 2.01, though the unusual characterization as an \"executive settlement\" and reference to Schedule 14C authorization suggests a complex transaction that may also have compensation or governance dimensions. The materiality is clear given the complete divestiture of a subsidiary.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-04T02:32:58.889249+00:00","company_name":"Hestia Insight Inc.","ticker":"HSTA","filing_date":"2026-08-03"}]}
