Transglobal Management Group, Inc. 8-K

What Happened

• Transglobal Management Group, Inc. (TMGI) filed an 8-K reporting that on June 15, 2026 Kelly Kirchhoff transferred 61 shares of the company’s Series A Preferred Stock to Jeff Foster pursuant to an Assignment Agreement and an Irrevocable Stock Transfer Power dated June 15, 2026.
• Before the transfer Kirchhoff beneficially owned 133 Series A shares and Foster owned 67; after the transfer Foster owns 128 and Kirchhoff owns 72 — together constituting all issued and outstanding Series A Preferred Stock.
• Under the Series A rights, those shares carry voting power sufficient to control shareholder matters (including director elections); as a result, voting control shifted from Kirchhoff to Foster. There were no changes to the company’s officers or directors: Foster remains President and Chairman, and Kirchhoff remains CEO and a director.

Key Details

• Transaction date: June 15, 2026.
• Shares transferred: 61 Series A Preferred shares from Kelly Kirchhoff to Jeff Foster.
• Post-transaction holdings: Jeff Foster 128 shares; Kelly Kirchhoff 72 shares (all Series A outstanding).
• Transaction effected by Assignment Agreement and Irrevocable Stock Transfer Power; no outside financing was obtained (consideration paid by Foster only).

Why It Matters

• Voting control moved to Jeff Foster, which gives him the controlling vote on shareholder matters (e.g., director elections). That change can affect corporate governance decisions even though no officers or directors were replaced.
• The filing cites no financial impact or operational changes; investors should note the governance shift and review future disclosures for any related strategic or board actions.