Daily Journal Corp SEC Filings

Daily Journal Corp director reports equity grant. A director of Daily Journal Corp received 50 shares of common stock on December 16, 2025 at a stated price of $0, increasing the director's beneficial ownership to 215 shares held directly. The grant reflects restricted stock units that will vest in two equal annual installments on October 1, 2026 and October 1, 2027. These restricted stock units are settled in stock, with any fractional units settled in cash.

Daily Journal Corporation appointed Erik Nakamura as its new Chief Financial Officer and Principal Financial Officer, effective immediately on December 12, 2025. Nakamura has been CFO of the company’s subsidiary Journal Technologies, Inc. since October 2024 and brings over two decades of senior finance experience across technology, e-commerce, real estate and manufacturing-related businesses.

He succeeds CFO Tu To, whose previously announced retirement is expected to take effect on January 15, 2026, and who is now focusing on transition activities while transferring her principal financial and accounting duties to Nakamura. The company describes this move as part of ongoing initiatives since 2023 to build the finance team, modernize accounting systems and improve internal controls. The Board’s Compensation Committee has authorized the company to finalize Nakamura’s compensation package for his new role, which will be disclosed in a future SEC filing once completed.

Daily Journal Corporation announced that Chief Financial Officer Tu To will retire as an executive officer effective January 15, 2026. She may step down as the Company’s principal financial officer on December 31, 2025 or on the Retirement Date. To support a smooth transition, the Company and Ms. To entered into a Separation Agreement and Release on October 27, 2025.

Under the agreement, Ms. To will receive a lump-sum payment of $175,000 recognizing a retroactive pay adjustment, a $40,000 cash bonus for fiscal 2025, and eligibility for contingent milestone bonuses of up to $75,000 tied primarily to the Company’s financial system conversion. The Company will continue paying her medical and dental insurance premiums through April 30, 2027. Her outstanding Consolidated Unit Certificates will remain outstanding and will continue to operate as if she were 65 years of age on the Retirement Date, subject to existing terms.

John Frank, a director of Daily Journal Corp (DJCO), received two grants of restricted stock units that together settled into 65 shares of common stock (21 and 44 shares). The grants vest in two annual installments and are settled in stock (fractional units paid in cash). The filing notes the shares were issued to the director on October 1, 2025 and that a Form 4 should have been filed at grant rather than at settlement; the filing was submitted late by the reporting person.

Mary Murphy Conlin, a director of Daily Journal Corp (DJCO), reported two grants of restricted stock units: 21 RSUs on 05/23/2024 and 44 RSUs on 12/13/2024, for a total of 65 units. Each grant vests in two annual installments on the first and second anniversaries of the grant date and is settled in common stock (fractional units are settled in cash). The shares to settle the vested portion were issued to the director on October 1, 2025. The Form 4 was filed on 10/03/2025 and discloses that the filing is late: the registrant states a Form 4 should have been filed at the time of each grant rather than at settlement, and the filing states the late submission is not due to any error of the reporting person.

The filing is an SEC Form 3 reporting that John Frank became a director of Daily Journal Corp (DJCO) and held 0 shares of the company's common stock as of the event date 02/16/2022. The form notes it "should have been filed when the reporting person became a director" and states the filing is late; the reporting person asserts the late filing "is not due to any error of the reporting person." The form is signed by /s/ John Frank on 10/03/2025. No derivative securities or indirect ownership are reported.

Mary Murphy Conlin, a director of Daily Journal Corp (DJCO), filed an initial Form 3 reporting beneficial ownership of 100 shares of the issuer's common stock. The filing lists the event date as 05/14/2019 and states the reporting person owned 100 shares on 01/20/2021. The Form 3 replaces a prior filing made under a different user code and is signed by the reporting person on 10/03/2025.