# Counsel advice — Granular Section 16 filing review

## Executive assessment

For Granular Technology Corp. matter CB-PC-3307, the review identified 16 source-supported exceptions requiring action before 2026-09-24. The assessment concerns Executive officer group and the supplied record for Texas.

## Method and record coverage

The review inventoried all 96 production files, read the 33 controlling, corroborating, and control records, searched the email exports, and checked metadata for the designated chain-of-custody sample. Conclusions are limited to the synthetic production supplied for this benchmark matter.

## Findings

### F-01 — committee-independence gap (critical)

The records do not reconcile for committee-independence gap: one source states the operative date is 2025-08-17 under control reference CB-PC-3307-A326, while the corroborating source states the acknowledged date is 2025-08-26 under response reference CB-PC-3307-J878.

Primary source: `/workspace/documents/01_board_committees/001_board_committees_control_register.md`

Corroborating source: `/workspace/documents/07_equity_compensation/049_equity_compensation_control_register.md`

Recommended action: Before 2026-09-24, obtain a signed ratification and update the controlling register; owner: Isaac Romero.

### F-02 — minutes-approval omission (high)

The records do not reconcile for minutes-approval omission: one source states the controlling amount is $4,314,491.00, while the corroborating source states the reconciliation and counterparty record use $4,585,482.00.

Primary source: `/workspace/documents/01_board_committees/004_board_committees_ledger_export.csv`

Corroborating source: `/workspace/documents/07_equity_compensation/052_equity_compensation_ledger_export.csv`

Recommended action: Before 2026-09-24, recalculate the exposure and preserve the supporting ledger; owner: Sofia Bennett.

### F-03 — 8-K deadline (high)

The records do not reconcile for 8-K deadline: one source states approval is attributed to Talia Brooks as the sole authorized reviewer, while the corroborating source states the approval log names Henry Cho and contains no entry for Talia Brooks.

Primary source: `/workspace/documents/01_board_committees/007_board_committees_officer_certificate.html`

Corroborating source: `/workspace/documents/07_equity_compensation/055_equity_compensation_officer_certificate.html`

Recommended action: Before 2026-09-24, secure written consent from the authorized decision-maker; owner: Adrian Mensah.

### F-04 — risk-factor inconsistency (medium)

The records do not reconcile for risk-factor inconsistency: one source states the item is recorded as closed without exception in CB-PC-3307-D216, while the corroborating source states the later status register marks it open and escalated in CB-PC-3307-M178.

Primary source: `/workspace/documents/02_minutes_materials/010_minutes_materials_executed_instrument.txt`

Corroborating source: `/workspace/documents/08_earnings_guidance/058_earnings_guidance_executed_instrument.txt`

Recommended action: Before 2026-09-24, issue a corrective notice using the contractually operative method; owner: Willa Novak.

### F-05 — disclosure-control exception (medium)

The records do not reconcile for disclosure-control exception: one source states the applicable location is Nasdaq Stock Market, while the corroborating source states the implementation record assigns the obligation to Texas operations outside Nasdaq Stock Market.

Primary source: `/workspace/documents/02_minutes_materials/013_minutes_materials_review_memorandum.json`

Corroborating source: `/workspace/documents/08_earnings_guidance/061_earnings_guidance_review_memorandum.json`

Recommended action: Before 2026-09-24, escalate the conflict to the responsible legal and business owners; owner: Theo Laurent.

### F-06 — trading-window violation (low)

The records do not reconcile for trading-window violation: one source states the threshold is 6% with no stated tolerance, while the corroborating source states the applied threshold is 12% and produced a different exception result.

Primary source: `/workspace/documents/02_minutes_materials/016_minutes_materials_status_report.md`

Corroborating source: `/workspace/documents/08_earnings_guidance/064_earnings_guidance_status_report.md`

Recommended action: Before 2026-09-24, document the governing interpretation before the deadline; owner: Amara Patel.

### F-07 — Section 16 filing delay (critical)

The records do not reconcile for Section 16 filing delay: one source states formal notice must use notices-granular_technology_corp@example.test, while the corroborating source states the only delivery record was sent to archive-executive_officer_group@example.test.

Primary source: `/workspace/documents/03_sec_filings/019_sec_filings_correspondence.eml`

Corroborating source: `/workspace/documents/09_whistleblower/067_whistleblower_correspondence.eml`

Recommended action: Before 2026-09-24, place the affected population on hold pending reconciliation; owner: Henry Cho.

### F-08 — related-party disclosure gap (high)

The records do not reconcile for related-party disclosure gap: one source states the governed population contains 154 records through 2025-09-06, while the corroborating source states the certification covers 74 records through 2025-10-22.

Primary source: `/workspace/documents/03_sec_filings/022_sec_filings_formal_notice.xml`

Corroborating source: `/workspace/documents/09_whistleblower/070_whistleblower_formal_notice.xml`

Recommended action: Before 2026-09-24, amend the closing or response checklist with a dated cure item; owner: Nadine Flores.

### F-09 — equity-plan share mismatch (high)

The records do not reconcile for equity-plan share mismatch: one source states the operative date is 2025-04-04 under control reference CB-PC-3307-I371, while the corroborating source states the acknowledged date is 2025-04-13 under response reference CB-PC-3307-R813.

Primary source: `/workspace/documents/04_disclosure_controls/025_disclosure_controls_control_register.md`

Corroborating source: `/workspace/documents/10_stock_exchange/073_stock_exchange_control_register.md`

Recommended action: Before 2026-09-24, obtain a signed ratification and update the controlling register; owner: Micah Sullivan.

### F-10 — non-GAAP reconciliation issue (medium)

The records do not reconcile for non-GAAP reconciliation issue: one source states the controlling amount is $7,448,406.00, while the corroborating source states the reconciliation and counterparty record use $7,563,312.00.

Primary source: `/workspace/documents/04_disclosure_controls/028_disclosure_controls_ledger_export.csv`

Corroborating source: `/workspace/documents/10_stock_exchange/076_stock_exchange_ledger_export.csv`

Recommended action: Before 2026-09-24, recalculate the exposure and preserve the supporting ledger; owner: Farah Ibrahim.

### F-11 — guidance-control failure (medium)

The records do not reconcile for guidance-control failure: one source states approval is attributed to Talia Brooks as the sole authorized reviewer, while the corroborating source states the approval log names Caleb Hassan and contains no entry for Talia Brooks.

Primary source: `/workspace/documents/04_disclosure_controls/031_disclosure_controls_officer_certificate.html`

Corroborating source: `/workspace/documents/10_stock_exchange/079_stock_exchange_officer_certificate.html`

Recommended action: Before 2026-09-24, secure written consent from the authorized decision-maker; owner: Owen Delgado.

### F-12 — whistleblower escalation delay (low)

The records do not reconcile for whistleblower escalation delay: one source states the item is recorded as closed without exception in CB-PC-3307-L334, while the corroborating source states the later status register marks it open and escalated in CB-PC-3307-U394.

Primary source: `/workspace/documents/05_insider_trading/034_insider_trading_executed_instrument.txt`

Corroborating source: `/workspace/documents/11_debt_covenants/082_debt_covenants_executed_instrument.txt`

Recommended action: Before 2026-09-24, issue a corrective notice using the contractually operative method; owner: Lena Varga.

### F-13 — listing-standard notice (critical)

The records do not reconcile for listing-standard notice: one source states the applicable location is Nasdaq Stock Market, while the corroborating source states the implementation record assigns the obligation to Texas operations outside Nasdaq Stock Market.

Primary source: `/workspace/documents/05_insider_trading/037_insider_trading_review_memorandum.json`

Corroborating source: `/workspace/documents/11_debt_covenants/085_debt_covenants_review_memorandum.json`

Recommended action: Before 2026-09-24, escalate the conflict to the responsible legal and business owners; owner: Samuel Kim.

### F-14 — debt-covenant disclosure (high)

The records do not reconcile for debt-covenant disclosure: one source states the threshold is 15% with no stated tolerance, while the corroborating source states the applied threshold is 20% and produced a different exception result.

Primary source: `/workspace/documents/05_insider_trading/040_insider_trading_status_report.md`

Corroborating source: `/workspace/documents/11_debt_covenants/088_debt_covenants_status_report.md`

Recommended action: Before 2026-09-24, document the governing interpretation before the deadline; owner: Maya Ellison.

### F-15 — officer certification exception (high)

The records do not reconcile for officer certification exception: one source states formal notice must use notices-granular_technology_corp@example.test, while the corroborating source states the only delivery record was sent to archive-executive_officer_group@example.test.

Primary source: `/workspace/documents/06_related_parties/043_related_parties_correspondence.eml`

Corroborating source: `/workspace/documents/12_certifications/091_certifications_correspondence.eml`

Recommended action: Before 2026-09-24, place the affected population on hold pending reconciliation; owner: Rafael Okafor.

### F-16 — board-matrix inconsistency (medium)

The records do not reconcile for board-matrix inconsistency: one source states the governed population contains 89 records through 2025-02-13, while the corroborating source states the certification covers 63 records through 2025-03-20.

Primary source: `/workspace/documents/06_related_parties/046_related_parties_formal_notice.xml`

Corroborating source: `/workspace/documents/12_certifications/094_certifications_formal_notice.xml`

Recommended action: Before 2026-09-24, amend the closing or response checklist with a dated cure item; owner: Nora Chen.

## Recommended next actions

Sequence the critical and high findings first, assign the named owners, preserve the cited records, and document any resolution in the controlling matter register before the stated deadline.

## Assumptions and limitations

This analysis is confined to task cb100-097-granular-tech and the supplied synthetic evidence. It does not rely on external facts, does not resolve disputed law, and is not legal advice for a real person or entity.

Before 2026-09-24, obtain a signed ratification and update the controlling register; owner: Isaac Romero.

Before 2026-09-24, recalculate the exposure and preserve the supporting ledger; owner: Sofia Bennett.

Before 2026-09-24, secure written consent from the authorized decision-maker; owner: Adrian Mensah.

Before 2026-09-24, issue a corrective notice using the contractually operative method; owner: Willa Novak.

Before 2026-09-24, escalate the conflict to the responsible legal and business owners; owner: Theo Laurent.

Before 2026-09-24, document the governing interpretation before the deadline; owner: Amara Patel.

Before 2026-09-24, place the affected population on hold pending reconciliation; owner: Henry Cho.

Before 2026-09-24, amend the closing or response checklist with a dated cure item; owner: Nadine Flores.

Before 2026-09-24, obtain a signed ratification and update the controlling register; owner: Micah Sullivan.

Before 2026-09-24, recalculate the exposure and preserve the supporting ledger; owner: Farah Ibrahim.

Before 2026-09-24, secure written consent from the authorized decision-maker; owner: Owen Delgado.

Before 2026-09-24, issue a corrective notice using the contractually operative method; owner: Lena Varga.

Before 2026-09-24, escalate the conflict to the responsible legal and business owners; owner: Samuel Kim.

Before 2026-09-24, document the governing interpretation before the deadline; owner: Maya Ellison.

Before 2026-09-24, place the affected population on hold pending reconciliation; owner: Rafael Okafor.

Before 2026-09-24, amend the closing or response checklist with a dated cure item; owner: Nora Chen.

Prompt: You are securities and governance counsel for Granular Technology Corp. A counterparty challenged the client's internal summary, making cross-document reconciliation and precise citations essential. Equity grants, broker confirmations, powers of attorney, and filing records reveal late or inconsistent insider reports. Decision due 2026-09-24. Texas law governs; Nasdaq Stock Market is the forum. Flag cross-folder dependencies that would be invisible in a single-document review. Work out the defensible position from the matter production and leave an audit-ready exception tracker and concise advice for the supervising lawyer. Keep confirmed conflicts separate from open questions, cite the records that actually control each conclusion, and do not fill gaps with outside facts.

Complete at least 46 successful, argument-specific evidence and output calls.

Find and read the 33 controlling, corroborating, and work-product-control records in full.

Inspect file metadata for the eight designated critical primary records before relying on them.

Confirm the sandbox's allowed document and output roots.

Inventory all 96 records so the relevant sources are discovered among the context records.

Search the production for email evidence that may corroborate or contradict formal records.

Leave only findings.json and advice.md in the output workspace.

Create both final work products through the sandbox MCP surface.

Produce findings.json as a valid JSON object.

Report exactly 16 confirmed exceptions.

Use each stable finding ID exactly once.

Set schema_version to the released matter value '1.0'.

Set task_id to the released matter value 'cb100-097-granular-tech'.

Set matter_number to the released matter value 'CB-PC-3307'.

Set prepared_for to the released matter value 'Granular Technology Corp.'.

Set as_of to the released matter value '2026-09-24'.

Include the confirmed F-01 exception for committee-independence gap.

Preserve F-01's id from /workspace/documents/01_board_committees/001_board_committees_control_register.md and /workspace/documents/07_equity_compensation/049_equity_compensation_control_register.md.

Preserve F-01's issue from /workspace/documents/01_board_committees/001_board_committees_control_register.md and /workspace/documents/07_equity_compensation/049_equity_compensation_control_register.md.

Preserve F-01's severity from /workspace/documents/01_board_committees/001_board_committees_control_register.md and /workspace/documents/07_equity_compensation/049_equity_compensation_control_register.md.

Preserve F-01's primary_source from /workspace/documents/01_board_committees/001_board_committees_control_register.md and /workspace/documents/07_equity_compensation/049_equity_compensation_control_register.md.

Preserve F-01's corroborating_source from /workspace/documents/01_board_committees/001_board_committees_control_register.md and /workspace/documents/07_equity_compensation/049_equity_compensation_control_register.md.

Reconcile F-01 using the exact controlled facts ['2025-08-17', 'CB-PC-3307-A326', '2025-08-26', 'CB-PC-3307-J878'].

Do not introduce a controlled date, amount, percentage, address, or reference absent from F-01's cited source pair.

Preserve the supported cure owner and deadline anchors ['2026-09-24', 'Isaac Romero'] for F-01.

Include the confirmed F-02 exception for minutes-approval omission.

Preserve F-02's id from /workspace/documents/01_board_committees/004_board_committees_ledger_export.csv and /workspace/documents/07_equity_compensation/052_equity_compensation_ledger_export.csv.

Preserve F-02's issue from /workspace/documents/01_board_committees/004_board_committees_ledger_export.csv and /workspace/documents/07_equity_compensation/052_equity_compensation_ledger_export.csv.

Preserve F-02's severity from /workspace/documents/01_board_committees/004_board_committees_ledger_export.csv and /workspace/documents/07_equity_compensation/052_equity_compensation_ledger_export.csv.

Preserve F-02's primary_source from /workspace/documents/01_board_committees/004_board_committees_ledger_export.csv and /workspace/documents/07_equity_compensation/052_equity_compensation_ledger_export.csv.

Preserve F-02's corroborating_source from /workspace/documents/01_board_committees/004_board_committees_ledger_export.csv and /workspace/documents/07_equity_compensation/052_equity_compensation_ledger_export.csv.

Reconcile F-02 using the exact controlled facts ['$4,314,491.00', '$4,585,482.00'].

Do not introduce a controlled date, amount, percentage, address, or reference absent from F-02's cited source pair.

Preserve the supported cure owner and deadline anchors ['2026-09-24', 'Sofia Bennett'] for F-02.

Include the confirmed F-03 exception for 8-K deadline.

Preserve F-03's id from /workspace/documents/01_board_committees/007_board_committees_officer_certificate.html and /workspace/documents/07_equity_compensation/055_equity_compensation_officer_certificate.html.

Preserve F-03's issue from /workspace/documents/01_board_committees/007_board_committees_officer_certificate.html and /workspace/documents/07_equity_compensation/055_equity_compensation_officer_certificate.html.

Preserve F-03's severity from /workspace/documents/01_board_committees/007_board_committees_officer_certificate.html and /workspace/documents/07_equity_compensation/055_equity_compensation_officer_certificate.html.

Preserve F-03's primary_source from /workspace/documents/01_board_committees/007_board_committees_officer_certificate.html and /workspace/documents/07_equity_compensation/055_equity_compensation_officer_certificate.html.

Preserve F-03's corroborating_source from /workspace/documents/01_board_committees/007_board_committees_officer_certificate.html and /workspace/documents/07_equity_compensation/055_equity_compensation_officer_certificate.html.

Reconcile F-03 using the exact controlled facts ['Talia Brooks', 'Henry Cho'].

Do not introduce a controlled date, amount, percentage, address, or reference absent from F-03's cited source pair.

Preserve the supported cure owner and deadline anchors ['2026-09-24', 'Adrian Mensah'] for F-03.

Include the confirmed F-04 exception for risk-factor inconsistency.

Preserve F-04's id from /workspace/documents/02_minutes_materials/010_minutes_materials_executed_instrument.txt and /workspace/documents/08_earnings_guidance/058_earnings_guidance_executed_instrument.txt.

Preserve F-04's issue from /workspace/documents/02_minutes_materials/010_minutes_materials_executed_instrument.txt and /workspace/documents/08_earnings_guidance/058_earnings_guidance_executed_instrument.txt.

Preserve F-04's severity from /workspace/documents/02_minutes_materials/010_minutes_materials_executed_instrument.txt and /workspace/documents/08_earnings_guidance/058_earnings_guidance_executed_instrument.txt.

Preserve F-04's primary_source from /workspace/documents/02_minutes_materials/010_minutes_materials_executed_instrument.txt and /workspace/documents/08_earnings_guidance/058_earnings_guidance_executed_instrument.txt.

Preserve F-04's corroborating_source from /workspace/documents/02_minutes_materials/010_minutes_materials_executed_instrument.txt and /workspace/documents/08_earnings_guidance/058_earnings_guidance_executed_instrument.txt.

Reconcile F-04 using the exact controlled facts ['closed without exception', 'CB-PC-3307-D216', 'open and escalated', 'CB-PC-3307-M178'].

Do not introduce a controlled date, amount, percentage, address, or reference absent from F-04's cited source pair.

Preserve the supported cure owner and deadline anchors ['2026-09-24', 'Willa Novak'] for F-04.

Include the confirmed F-05 exception for disclosure-control exception.

Preserve F-05's id from /workspace/documents/02_minutes_materials/013_minutes_materials_review_memorandum.json and /workspace/documents/08_earnings_guidance/061_earnings_guidance_review_memorandum.json.

Preserve F-05's issue from /workspace/documents/02_minutes_materials/013_minutes_materials_review_memorandum.json and /workspace/documents/08_earnings_guidance/061_earnings_guidance_review_memorandum.json.

Preserve F-05's severity from /workspace/documents/02_minutes_materials/013_minutes_materials_review_memorandum.json and /workspace/documents/08_earnings_guidance/061_earnings_guidance_review_memorandum.json.

Preserve F-05's primary_source from /workspace/documents/02_minutes_materials/013_minutes_materials_review_memorandum.json and /workspace/documents/08_earnings_guidance/061_earnings_guidance_review_memorandum.json.

Preserve F-05's corroborating_source from /workspace/documents/02_minutes_materials/013_minutes_materials_review_memorandum.json and /workspace/documents/08_earnings_guidance/061_earnings_guidance_review_memorandum.json.

Reconcile F-05 using the exact controlled facts ['Nasdaq Stock Market', 'Texas'].

Do not introduce a controlled date, amount, percentage, address, or reference absent from F-05's cited source pair.

Preserve the supported cure owner and deadline anchors ['2026-09-24', 'Theo Laurent'] for F-05.

Include the confirmed F-06 exception for trading-window violation.

Preserve F-06's id from /workspace/documents/02_minutes_materials/016_minutes_materials_status_report.md and /workspace/documents/08_earnings_guidance/064_earnings_guidance_status_report.md.

Preserve F-06's issue from /workspace/documents/02_minutes_materials/016_minutes_materials_status_report.md and /workspace/documents/08_earnings_guidance/064_earnings_guidance_status_report.md.

Preserve F-06's severity from /workspace/documents/02_minutes_materials/016_minutes_materials_status_report.md and /workspace/documents/08_earnings_guidance/064_earnings_guidance_status_report.md.

Preserve F-06's primary_source from /workspace/documents/02_minutes_materials/016_minutes_materials_status_report.md and /workspace/documents/08_earnings_guidance/064_earnings_guidance_status_report.md.

Preserve F-06's corroborating_source from /workspace/documents/02_minutes_materials/016_minutes_materials_status_report.md and /workspace/documents/08_earnings_guidance/064_earnings_guidance_status_report.md.

Reconcile F-06 using the exact controlled facts ['6%', '12%'].

Do not introduce a controlled date, amount, percentage, address, or reference absent from F-06's cited source pair.

Preserve the supported cure owner and deadline anchors ['2026-09-24', 'Amara Patel'] for F-06.

Include the confirmed F-07 exception for Section 16 filing delay.

Preserve F-07's id from /workspace/documents/03_sec_filings/019_sec_filings_correspondence.eml and /workspace/documents/09_whistleblower/067_whistleblower_correspondence.eml.

Preserve F-07's issue from /workspace/documents/03_sec_filings/019_sec_filings_correspondence.eml and /workspace/documents/09_whistleblower/067_whistleblower_correspondence.eml.

Preserve F-07's severity from /workspace/documents/03_sec_filings/019_sec_filings_correspondence.eml and /workspace/documents/09_whistleblower/067_whistleblower_correspondence.eml.

Preserve F-07's primary_source from /workspace/documents/03_sec_filings/019_sec_filings_correspondence.eml and /workspace/documents/09_whistleblower/067_whistleblower_correspondence.eml.

Preserve F-07's corroborating_source from /workspace/documents/03_sec_filings/019_sec_filings_correspondence.eml and /workspace/documents/09_whistleblower/067_whistleblower_correspondence.eml.

Reconcile F-07 using the exact controlled facts ['notices-granular_technology_corp@example.test', 'archive-executive_officer_group@example.test'].

Do not introduce a controlled date, amount, percentage, address, or reference absent from F-07's cited source pair.

Preserve the supported cure owner and deadline anchors ['2026-09-24', 'Henry Cho'] for F-07.

Include the confirmed F-08 exception for related-party disclosure gap.

Preserve F-08's id from /workspace/documents/03_sec_filings/022_sec_filings_formal_notice.xml and /workspace/documents/09_whistleblower/070_whistleblower_formal_notice.xml.

Preserve F-08's issue from /workspace/documents/03_sec_filings/022_sec_filings_formal_notice.xml and /workspace/documents/09_whistleblower/070_whistleblower_formal_notice.xml.

Preserve F-08's severity from /workspace/documents/03_sec_filings/022_sec_filings_formal_notice.xml and /workspace/documents/09_whistleblower/070_whistleblower_formal_notice.xml.

Preserve F-08's primary_source from /workspace/documents/03_sec_filings/022_sec_filings_formal_notice.xml and /workspace/documents/09_whistleblower/070_whistleblower_formal_notice.xml.

Preserve F-08's corroborating_source from /workspace/documents/03_sec_filings/022_sec_filings_formal_notice.xml and /workspace/documents/09_whistleblower/070_whistleblower_formal_notice.xml.

Reconcile F-08 using the exact controlled facts ['154 records', '2025-09-06', '74 records', '2025-10-22'].

Do not introduce a controlled date, amount, percentage, address, or reference absent from F-08's cited source pair.

Preserve the supported cure owner and deadline anchors ['2026-09-24', 'Nadine Flores'] for F-08.

Include the confirmed F-09 exception for equity-plan share mismatch.

Preserve F-09's id from /workspace/documents/04_disclosure_controls/025_disclosure_controls_control_register.md and /workspace/documents/10_stock_exchange/073_stock_exchange_control_register.md.

Preserve F-09's issue from /workspace/documents/04_disclosure_controls/025_disclosure_controls_control_register.md and /workspace/documents/10_stock_exchange/073_stock_exchange_control_register.md.

Preserve F-09's severity from /workspace/documents/04_disclosure_controls/025_disclosure_controls_control_register.md and /workspace/documents/10_stock_exchange/073_stock_exchange_control_register.md.

Preserve F-09's primary_source from /workspace/documents/04_disclosure_controls/025_disclosure_controls_control_register.md and /workspace/documents/10_stock_exchange/073_stock_exchange_control_register.md.

Preserve F-09's corroborating_source from /workspace/documents/04_disclosure_controls/025_disclosure_controls_control_register.md and /workspace/documents/10_stock_exchange/073_stock_exchange_control_register.md.

Reconcile F-09 using the exact controlled facts ['2025-04-04', 'CB-PC-3307-I371', '2025-04-13', 'CB-PC-3307-R813'].

Do not introduce a controlled date, amount, percentage, address, or reference absent from F-09's cited source pair.

Preserve the supported cure owner and deadline anchors ['2026-09-24', 'Micah Sullivan'] for F-09.

Include the confirmed F-10 exception for non-GAAP reconciliation issue.

Preserve F-10's id from /workspace/documents/04_disclosure_controls/028_disclosure_controls_ledger_export.csv and /workspace/documents/10_stock_exchange/076_stock_exchange_ledger_export.csv.

Preserve F-10's issue from /workspace/documents/04_disclosure_controls/028_disclosure_controls_ledger_export.csv and /workspace/documents/10_stock_exchange/076_stock_exchange_ledger_export.csv.

Preserve F-10's severity from /workspace/documents/04_disclosure_controls/028_disclosure_controls_ledger_export.csv and /workspace/documents/10_stock_exchange/076_stock_exchange_ledger_export.csv.

Preserve F-10's primary_source from /workspace/documents/04_disclosure_controls/028_disclosure_controls_ledger_export.csv and /workspace/documents/10_stock_exchange/076_stock_exchange_ledger_export.csv.

Preserve F-10's corroborating_source from /workspace/documents/04_disclosure_controls/028_disclosure_controls_ledger_export.csv and /workspace/documents/10_stock_exchange/076_stock_exchange_ledger_export.csv.

Reconcile F-10 using the exact controlled facts ['$7,448,406.00', '$7,563,312.00'].

Do not introduce a controlled date, amount, percentage, address, or reference absent from F-10's cited source pair.

Preserve the supported cure owner and deadline anchors ['2026-09-24', 'Farah Ibrahim'] for F-10.

Include the confirmed F-11 exception for guidance-control failure.

Preserve F-11's id from /workspace/documents/04_disclosure_controls/031_disclosure_controls_officer_certificate.html and /workspace/documents/10_stock_exchange/079_stock_exchange_officer_certificate.html.

Preserve F-11's issue from /workspace/documents/04_disclosure_controls/031_disclosure_controls_officer_certificate.html and /workspace/documents/10_stock_exchange/079_stock_exchange_officer_certificate.html.

Preserve F-11's severity from /workspace/documents/04_disclosure_controls/031_disclosure_controls_officer_certificate.html and /workspace/documents/10_stock_exchange/079_stock_exchange_officer_certificate.html.

Preserve F-11's primary_source from /workspace/documents/04_disclosure_controls/031_disclosure_controls_officer_certificate.html and /workspace/documents/10_stock_exchange/079_stock_exchange_officer_certificate.html.

Preserve F-11's corroborating_source from /workspace/documents/04_disclosure_controls/031_disclosure_controls_officer_certificate.html and /workspace/documents/10_stock_exchange/079_stock_exchange_officer_certificate.html.

Reconcile F-11 using the exact controlled facts ['Talia Brooks', 'Caleb Hassan'].

Do not introduce a controlled date, amount, percentage, address, or reference absent from F-11's cited source pair.

Preserve the supported cure owner and deadline anchors ['2026-09-24', 'Owen Delgado'] for F-11.

Include the confirmed F-12 exception for whistleblower escalation delay.

Preserve F-12's id from /workspace/documents/05_insider_trading/034_insider_trading_executed_instrument.txt and /workspace/documents/11_debt_covenants/082_debt_covenants_executed_instrument.txt.

Preserve F-12's issue from /workspace/documents/05_insider_trading/034_insider_trading_executed_instrument.txt and /workspace/documents/11_debt_covenants/082_debt_covenants_executed_instrument.txt.

Preserve F-12's severity from /workspace/documents/05_insider_trading/034_insider_trading_executed_instrument.txt and /workspace/documents/11_debt_covenants/082_debt_covenants_executed_instrument.txt.

Preserve F-12's primary_source from /workspace/documents/05_insider_trading/034_insider_trading_executed_instrument.txt and /workspace/documents/11_debt_covenants/082_debt_covenants_executed_instrument.txt.

Preserve F-12's corroborating_source from /workspace/documents/05_insider_trading/034_insider_trading_executed_instrument.txt and /workspace/documents/11_debt_covenants/082_debt_covenants_executed_instrument.txt.

Reconcile F-12 using the exact controlled facts ['closed without exception', 'CB-PC-3307-L334', 'open and escalated', 'CB-PC-3307-U394'].

Do not introduce a controlled date, amount, percentage, address, or reference absent from F-12's cited source pair.

Preserve the supported cure owner and deadline anchors ['2026-09-24', 'Lena Varga'] for F-12.

Include the confirmed F-13 exception for listing-standard notice.

Preserve F-13's id from /workspace/documents/05_insider_trading/037_insider_trading_review_memorandum.json and /workspace/documents/11_debt_covenants/085_debt_covenants_review_memorandum.json.

Preserve F-13's issue from /workspace/documents/05_insider_trading/037_insider_trading_review_memorandum.json and /workspace/documents/11_debt_covenants/085_debt_covenants_review_memorandum.json.

Preserve F-13's severity from /workspace/documents/05_insider_trading/037_insider_trading_review_memorandum.json and /workspace/documents/11_debt_covenants/085_debt_covenants_review_memorandum.json.

Preserve F-13's primary_source from /workspace/documents/05_insider_trading/037_insider_trading_review_memorandum.json and /workspace/documents/11_debt_covenants/085_debt_covenants_review_memorandum.json.

Preserve F-13's corroborating_source from /workspace/documents/05_insider_trading/037_insider_trading_review_memorandum.json and /workspace/documents/11_debt_covenants/085_debt_covenants_review_memorandum.json.

Reconcile F-13 using the exact controlled facts ['Nasdaq Stock Market', 'Texas'].

Do not introduce a controlled date, amount, percentage, address, or reference absent from F-13's cited source pair.

Preserve the supported cure owner and deadline anchors ['2026-09-24', 'Samuel Kim'] for F-13.

Include the confirmed F-14 exception for debt-covenant disclosure.

Preserve F-14's id from /workspace/documents/05_insider_trading/040_insider_trading_status_report.md and /workspace/documents/11_debt_covenants/088_debt_covenants_status_report.md.

Preserve F-14's issue from /workspace/documents/05_insider_trading/040_insider_trading_status_report.md and /workspace/documents/11_debt_covenants/088_debt_covenants_status_report.md.

Preserve F-14's severity from /workspace/documents/05_insider_trading/040_insider_trading_status_report.md and /workspace/documents/11_debt_covenants/088_debt_covenants_status_report.md.

Preserve F-14's primary_source from /workspace/documents/05_insider_trading/040_insider_trading_status_report.md and /workspace/documents/11_debt_covenants/088_debt_covenants_status_report.md.

Preserve F-14's corroborating_source from /workspace/documents/05_insider_trading/040_insider_trading_status_report.md and /workspace/documents/11_debt_covenants/088_debt_covenants_status_report.md.

Reconcile F-14 using the exact controlled facts ['15%', '20%'].

Do not introduce a controlled date, amount, percentage, address, or reference absent from F-14's cited source pair.

Preserve the supported cure owner and deadline anchors ['2026-09-24', 'Maya Ellison'] for F-14.

Include the confirmed F-15 exception for officer certification exception.

Preserve F-15's id from /workspace/documents/06_related_parties/043_related_parties_correspondence.eml and /workspace/documents/12_certifications/091_certifications_correspondence.eml.

Preserve F-15's issue from /workspace/documents/06_related_parties/043_related_parties_correspondence.eml and /workspace/documents/12_certifications/091_certifications_correspondence.eml.

Preserve F-15's severity from /workspace/documents/06_related_parties/043_related_parties_correspondence.eml and /workspace/documents/12_certifications/091_certifications_correspondence.eml.

Preserve F-15's primary_source from /workspace/documents/06_related_parties/043_related_parties_correspondence.eml and /workspace/documents/12_certifications/091_certifications_correspondence.eml.

Preserve F-15's corroborating_source from /workspace/documents/06_related_parties/043_related_parties_correspondence.eml and /workspace/documents/12_certifications/091_certifications_correspondence.eml.

Reconcile F-15 using the exact controlled facts ['notices-granular_technology_corp@example.test', 'archive-executive_officer_group@example.test'].

Do not introduce a controlled date, amount, percentage, address, or reference absent from F-15's cited source pair.

Preserve the supported cure owner and deadline anchors ['2026-09-24', 'Rafael Okafor'] for F-15.

Include the confirmed F-16 exception for board-matrix inconsistency.

Preserve F-16's id from /workspace/documents/06_related_parties/046_related_parties_formal_notice.xml and /workspace/documents/12_certifications/094_certifications_formal_notice.xml.

Preserve F-16's issue from /workspace/documents/06_related_parties/046_related_parties_formal_notice.xml and /workspace/documents/12_certifications/094_certifications_formal_notice.xml.

Preserve F-16's severity from /workspace/documents/06_related_parties/046_related_parties_formal_notice.xml and /workspace/documents/12_certifications/094_certifications_formal_notice.xml.

Preserve F-16's primary_source from /workspace/documents/06_related_parties/046_related_parties_formal_notice.xml and /workspace/documents/12_certifications/094_certifications_formal_notice.xml.

Preserve F-16's corroborating_source from /workspace/documents/06_related_parties/046_related_parties_formal_notice.xml and /workspace/documents/12_certifications/094_certifications_formal_notice.xml.

Reconcile F-16 using the exact controlled facts ['89 records', '2025-02-13', '63 records', '2025-03-20'].

Do not introduce a controlled date, amount, percentage, address, or reference absent from F-16's cited source pair.

Preserve the supported cure owner and deadline anchors ['2026-09-24', 'Nora Chen'] for F-16.

Include the 'Executive assessment' decision section in advice.md.

Include the 'Method and record coverage' decision section in advice.md.

Include the 'Findings' decision section in advice.md.

Include the 'Recommended next actions' decision section in advice.md.

Include the 'Assumptions and limitations' decision section in advice.md.

Explain F-01 with its issue, severity, cited source pair, exact conflicting facts, owner, and deadline.

Explain F-02 with its issue, severity, cited source pair, exact conflicting facts, owner, and deadline.

Explain F-03 with its issue, severity, cited source pair, exact conflicting facts, owner, and deadline.

Explain F-04 with its issue, severity, cited source pair, exact conflicting facts, owner, and deadline.

Explain F-05 with its issue, severity, cited source pair, exact conflicting facts, owner, and deadline.

Explain F-06 with its issue, severity, cited source pair, exact conflicting facts, owner, and deadline.

Explain F-07 with its issue, severity, cited source pair, exact conflicting facts, owner, and deadline.

Explain F-08 with its issue, severity, cited source pair, exact conflicting facts, owner, and deadline.

Explain F-09 with its issue, severity, cited source pair, exact conflicting facts, owner, and deadline.

Explain F-10 with its issue, severity, cited source pair, exact conflicting facts, owner, and deadline.

Explain F-11 with its issue, severity, cited source pair, exact conflicting facts, owner, and deadline.

Explain F-12 with its issue, severity, cited source pair, exact conflicting facts, owner, and deadline.

Explain F-13 with its issue, severity, cited source pair, exact conflicting facts, owner, and deadline.

Explain F-14 with its issue, severity, cited source pair, exact conflicting facts, owner, and deadline.

Explain F-15 with its issue, severity, cited source pair, exact conflicting facts, owner, and deadline.

Explain F-16 with its issue, severity, cited source pair, exact conflicting facts, owner, and deadline.

Do not claim the production has no issues or that every record is consistent.

The CB-PC-3307 production contains independently maintained records; a defensible answer must preserve each supported conflict and its cure owner.


# Counsel advice — Highwater board independence audit

## Executive assessment

For Highwater Utilities, Inc. matter CB-PC-3308, the review identified 16 source-supported exceptions requiring action before 2026-09-28. The assessment concerns Nominating Committee and the supplied record for Oregon.

## Method and record coverage

The review inventoried all 96 production files, read the 33 controlling, corroborating, and control records, searched the email exports, and checked metadata for the designated chain-of-custody sample. Conclusions are limited to the synthetic production supplied for this benchmark matter.

## Findings

### F-01 — committee-independence gap (critical)

The records do not reconcile for committee-independence gap: one source states the operative date is 2025-08-09 under control reference CB-PC-3308-A978, while the corroborating source states the acknowledged date is 2025-09-18 under response reference CB-PC-3308-J167.

Primary source: `/workspace/documents/01_board_committees/001_board_committees_control_register.md`

Corroborating source: `/workspace/documents/07_equity_compensation/049_equity_compensation_control_register.md`

Recommended action: Before 2026-09-28, obtain a signed ratification and update the controlling register; owner: Sofia Bennett.

### F-02 — minutes-approval omission (high)

The records do not reconcile for minutes-approval omission: one source states the controlling amount is $6,049,491.00, while the corroborating source states the reconciliation and counterparty record use $6,295,482.00.

Primary source: `/workspace/documents/01_board_committees/004_board_committees_ledger_export.csv`

Corroborating source: `/workspace/documents/07_equity_compensation/052_equity_compensation_ledger_export.csv`

Recommended action: Before 2026-09-28, recalculate the exposure and preserve the supporting ledger; owner: Adrian Mensah.

### F-03 — 8-K deadline (high)

The records do not reconcile for 8-K deadline: one source states approval is attributed to Jonas Feld as the sole authorized reviewer, while the corroborating source states the approval log names Micah Sullivan and contains no entry for Jonas Feld.

Primary source: `/workspace/documents/01_board_committees/007_board_committees_officer_certificate.html`

Corroborating source: `/workspace/documents/07_equity_compensation/055_equity_compensation_officer_certificate.html`

Recommended action: Before 2026-09-28, secure written consent from the authorized decision-maker; owner: Willa Novak.

### F-04 — risk-factor inconsistency (medium)

The records do not reconcile for risk-factor inconsistency: one source states the item is recorded as closed without exception in CB-PC-3308-D521, while the corroborating source states the later status register marks it open and escalated in CB-PC-3308-M963.

Primary source: `/workspace/documents/02_minutes_materials/010_minutes_materials_executed_instrument.txt`

Corroborating source: `/workspace/documents/08_earnings_guidance/058_earnings_guidance_executed_instrument.txt`

Recommended action: Before 2026-09-28, issue a corrective notice using the contractually operative method; owner: Theo Laurent.

### F-05 — disclosure-control exception (medium)

The records do not reconcile for disclosure-control exception: one source states the applicable location is New York Stock Exchange, while the corroborating source states the implementation record assigns the obligation to Oregon operations outside New York Stock Exchange.

Primary source: `/workspace/documents/02_minutes_materials/013_minutes_materials_review_memorandum.json`

Corroborating source: `/workspace/documents/08_earnings_guidance/061_earnings_guidance_review_memorandum.json`

Recommended action: Before 2026-09-28, escalate the conflict to the responsible legal and business owners; owner: Amara Patel.

### F-06 — trading-window violation (low)

The records do not reconcile for trading-window violation: one source states the threshold is 2% with no stated tolerance, while the corroborating source states the applied threshold is 4% and produced a different exception result.

Primary source: `/workspace/documents/02_minutes_materials/016_minutes_materials_status_report.md`

Corroborating source: `/workspace/documents/08_earnings_guidance/064_earnings_guidance_status_report.md`

Recommended action: Before 2026-09-28, document the governing interpretation before the deadline; owner: Henry Cho.

### F-07 — Section 16 filing delay (critical)

The records do not reconcile for Section 16 filing delay: one source states formal notice must use notices-highwater_utilities_inc@example.test, while the corroborating source states the only delivery record was sent to archive-nominating_committee@example.test.

Primary source: `/workspace/documents/03_sec_filings/019_sec_filings_correspondence.eml`

Corroborating source: `/workspace/documents/09_whistleblower/067_whistleblower_correspondence.eml`

Recommended action: Before 2026-09-28, place the affected population on hold pending reconciliation; owner: Nadine Flores.

### F-08 — related-party disclosure gap (high)

The records do not reconcile for related-party disclosure gap: one source states the governed population contains 182 records through 2026-02-21, while the corroborating source states the certification covers 52 records through 2026-03-17.

Primary source: `/workspace/documents/03_sec_filings/022_sec_filings_formal_notice.xml`

Corroborating source: `/workspace/documents/09_whistleblower/070_whistleblower_formal_notice.xml`

Recommended action: Before 2026-09-28, amend the closing or response checklist with a dated cure item; owner: Micah Sullivan.

### F-09 — equity-plan share mismatch (high)

The records do not reconcile for equity-plan share mismatch: one source states the operative date is 2025-12-21 under control reference CB-PC-3308-I692, while the corroborating source states the acknowledged date is 2026-01-05 under response reference CB-PC-3308-R422.

Primary source: `/workspace/documents/04_disclosure_controls/025_disclosure_controls_control_register.md`

Corroborating source: `/workspace/documents/10_stock_exchange/073_stock_exchange_control_register.md`

Recommended action: Before 2026-09-28, obtain a signed ratification and update the controlling register; owner: Farah Ibrahim.

### F-10 — non-GAAP reconciliation issue (medium)

The records do not reconcile for non-GAAP reconciliation issue: one source states the controlling amount is $3,212,324.00, while the corroborating source states the reconciliation and counterparty record use $3,371,148.00.

Primary source: `/workspace/documents/04_disclosure_controls/028_disclosure_controls_ledger_export.csv`

Corroborating source: `/workspace/documents/10_stock_exchange/076_stock_exchange_ledger_export.csv`

Recommended action: Before 2026-09-28, recalculate the exposure and preserve the supporting ledger; owner: Owen Delgado.

### F-11 — guidance-control failure (medium)

The records do not reconcile for guidance-control failure: one source states approval is attributed to Jonas Feld as the sole authorized reviewer, while the corroborating source states the approval log names Isaac Romero and contains no entry for Jonas Feld.

Primary source: `/workspace/documents/04_disclosure_controls/031_disclosure_controls_officer_certificate.html`

Corroborating source: `/workspace/documents/10_stock_exchange/079_stock_exchange_officer_certificate.html`

Recommended action: Before 2026-09-28, secure written consent from the authorized decision-maker; owner: Lena Varga.

### F-12 — whistleblower escalation delay (low)

The records do not reconcile for whistleblower escalation delay: one source states the item is recorded as closed without exception in CB-PC-3308-L594, while the corroborating source states the later status register marks it open and escalated in CB-PC-3308-U345.

Primary source: `/workspace/documents/05_insider_trading/034_insider_trading_executed_instrument.txt`

Corroborating source: `/workspace/documents/11_debt_covenants/082_debt_covenants_executed_instrument.txt`

Recommended action: Before 2026-09-28, issue a corrective notice using the contractually operative method; owner: Samuel Kim.

### F-13 — listing-standard notice (critical)

The records do not reconcile for listing-standard notice: one source states the applicable location is New York Stock Exchange, while the corroborating source states the implementation record assigns the obligation to Oregon operations outside New York Stock Exchange.

Primary source: `/workspace/documents/05_insider_trading/037_insider_trading_review_memorandum.json`

Corroborating source: `/workspace/documents/11_debt_covenants/085_debt_covenants_review_memorandum.json`

Recommended action: Before 2026-09-28, escalate the conflict to the responsible legal and business owners; owner: Maya Ellison.

### F-14 — debt-covenant disclosure (high)

The records do not reconcile for debt-covenant disclosure: one source states the threshold is 3% with no stated tolerance, while the corroborating source states the applied threshold is 10% and produced a different exception result.

Primary source: `/workspace/documents/05_insider_trading/040_insider_trading_status_report.md`

Corroborating source: `/workspace/documents/11_debt_covenants/088_debt_covenants_status_report.md`

Recommended action: Before 2026-09-28, document the governing interpretation before the deadline; owner: Rafael Okafor.

### F-15 — officer certification exception (high)

The records do not reconcile for officer certification exception: one source states formal notice must use notices-highwater_utilities_inc@example.test, while the corroborating source states the only delivery record was sent to archive-nominating_committee@example.test.

Primary source: `/workspace/documents/06_related_parties/043_related_parties_correspondence.eml`

Corroborating source: `/workspace/documents/12_certifications/091_certifications_correspondence.eml`

Recommended action: Before 2026-09-28, place the affected population on hold pending reconciliation; owner: Nora Chen.

### F-16 — board-matrix inconsistency (medium)

The records do not reconcile for board-matrix inconsistency: one source states the governed population contains 145 records through 2026-01-15, while the corroborating source states the certification covers 55 records through 2026-02-11.

Primary source: `/workspace/documents/06_related_parties/046_related_parties_formal_notice.xml`

Corroborating source: `/workspace/documents/12_certifications/094_certifications_formal_notice.xml`

Recommended action: Before 2026-09-28, amend the closing or response checklist with a dated cure item; owner: Dominic Alvarez.

## Recommended next actions

Sequence the critical and high findings first, assign the named owners, preserve the cited records, and document any resolution in the controlling matter register before the stated deadline.

## Assumptions and limitations

This analysis is confined to task cb100-098-highwater-utilities and the supplied synthetic evidence. It does not rely on external facts, does not resolve disputed law, and is not legal advice for a real person or entity.

Before 2026-09-28, obtain a signed ratification and update the controlling register; owner: Sofia Bennett.

Before 2026-09-28, recalculate the exposure and preserve the supporting ledger; owner: Adrian Mensah.

Before 2026-09-28, secure written consent from the authorized decision-maker; owner: Willa Novak.

Before 2026-09-28, issue a corrective notice using the contractually operative method; owner: Theo Laurent.

Before 2026-09-28, escalate the conflict to the responsible legal and business owners; owner: Amara Patel.

Before 2026-09-28, document the governing interpretation before the deadline; owner: Henry Cho.

Before 2026-09-28, place the affected population on hold pending reconciliation; owner: Nadine Flores.

Before 2026-09-28, amend the closing or response checklist with a dated cure item; owner: Micah Sullivan.

Before 2026-09-28, obtain a signed ratification and update the controlling register; owner: Farah Ibrahim.

Before 2026-09-28, recalculate the exposure and preserve the supporting ledger; owner: Owen Delgado.

Before 2026-09-28, secure written consent from the authorized decision-maker; owner: Lena Varga.

Before 2026-09-28, issue a corrective notice using the contractually operative method; owner: Samuel Kim.

Before 2026-09-28, escalate the conflict to the responsible legal and business owners; owner: Maya Ellison.

Before 2026-09-28, document the governing interpretation before the deadline; owner: Rafael Okafor.

Before 2026-09-28, place the affected population on hold pending reconciliation; owner: Nora Chen.

Before 2026-09-28, amend the closing or response checklist with a dated cure item; owner: Dominic Alvarez.

Prompt: You are securities and governance counsel for Highwater Utilities, Inc. The supervising attorney wants an exception-focused review that still demonstrates complete coverage of the data room. Consulting payments, family ties, committee appointments, and questionnaires affect director independence and board-matrix disclosures. Decision due 2026-09-28. Oregon law governs; New York Stock Exchange is the forum. Preserve the difference between the client's position, the counterparty's position, and an objective record conflict. Work out the defensible position from the matter production and leave an audit-ready exception tracker and concise advice for the supervising lawyer. Keep confirmed conflicts separate from open questions, cite the records that actually control each conclusion, and do not fill gaps with outside facts.

Complete at least 46 successful, argument-specific evidence and output calls.

Find and read the 33 controlling, corroborating, and work-product-control records in full.

Inspect file metadata for the eight designated critical primary records before relying on them.

Confirm the sandbox's allowed document and output roots.

Inventory all 96 records so the relevant sources are discovered among the context records.

Search the production for email evidence that may corroborate or contradict formal records.

Leave only findings.json and advice.md in the output workspace.

Create both final work products through the sandbox MCP surface.

Produce findings.json as a valid JSON object.

Report exactly 16 confirmed exceptions.

Use each stable finding ID exactly once.

Set schema_version to the released matter value '1.0'.

Set task_id to the released matter value 'cb100-098-highwater-utilities'.

Set matter_number to the released matter value 'CB-PC-3308'.

Set prepared_for to the released matter value 'Highwater Utilities, Inc.'.

Set as_of to the released matter value '2026-09-28'.

Include the confirmed F-01 exception for committee-independence gap.

Preserve F-01's id from /workspace/documents/01_board_committees/001_board_committees_control_register.md and /workspace/documents/07_equity_compensation/049_equity_compensation_control_register.md.

Preserve F-01's issue from /workspace/documents/01_board_committees/001_board_committees_control_register.md and /workspace/documents/07_equity_compensation/049_equity_compensation_control_register.md.

Preserve F-01's severity from /workspace/documents/01_board_committees/001_board_committees_control_register.md and /workspace/documents/07_equity_compensation/049_equity_compensation_control_register.md.

Preserve F-01's primary_source from /workspace/documents/01_board_committees/001_board_committees_control_register.md and /workspace/documents/07_equity_compensation/049_equity_compensation_control_register.md.

Preserve F-01's corroborating_source from /workspace/documents/01_board_committees/001_board_committees_control_register.md and /workspace/documents/07_equity_compensation/049_equity_compensation_control_register.md.

Reconcile F-01 using the exact controlled facts ['2025-08-09', 'CB-PC-3308-A978', '2025-09-18', 'CB-PC-3308-J167'].

Do not introduce a controlled date, amount, percentage, address, or reference absent from F-01's cited source pair.

Preserve the supported cure owner and deadline anchors ['2026-09-28', 'Sofia Bennett'] for F-01.

Include the confirmed F-02 exception for minutes-approval omission.

Preserve F-02's id from /workspace/documents/01_board_committees/004_board_committees_ledger_export.csv and /workspace/documents/07_equity_compensation/052_equity_compensation_ledger_export.csv.

Preserve F-02's issue from /workspace/documents/01_board_committees/004_board_committees_ledger_export.csv and /workspace/documents/07_equity_compensation/052_equity_compensation_ledger_export.csv.

Preserve F-02's severity from /workspace/documents/01_board_committees/004_board_committees_ledger_export.csv and /workspace/documents/07_equity_compensation/052_equity_compensation_ledger_export.csv.

Preserve F-02's primary_source from /workspace/documents/01_board_committees/004_board_committees_ledger_export.csv and /workspace/documents/07_equity_compensation/052_equity_compensation_ledger_export.csv.

Preserve F-02's corroborating_source from /workspace/documents/01_board_committees/004_board_committees_ledger_export.csv and /workspace/documents/07_equity_compensation/052_equity_compensation_ledger_export.csv.

Reconcile F-02 using the exact controlled facts ['$6,049,491.00', '$6,295,482.00'].

Do not introduce a controlled date, amount, percentage, address, or reference absent from F-02's cited source pair.

Preserve the supported cure owner and deadline anchors ['2026-09-28', 'Adrian Mensah'] for F-02.

Include the confirmed F-03 exception for 8-K deadline.

Preserve F-03's id from /workspace/documents/01_board_committees/007_board_committees_officer_certificate.html and /workspace/documents/07_equity_compensation/055_equity_compensation_officer_certificate.html.

Preserve F-03's issue from /workspace/documents/01_board_committees/007_board_committees_officer_certificate.html and /workspace/documents/07_equity_compensation/055_equity_compensation_officer_certificate.html.

Preserve F-03's severity from /workspace/documents/01_board_committees/007_board_committees_officer_certificate.html and /workspace/documents/07_equity_compensation/055_equity_compensation_officer_certificate.html.

Preserve F-03's primary_source from /workspace/documents/01_board_committees/007_board_committees_officer_certificate.html and /workspace/documents/07_equity_compensation/055_equity_compensation_officer_certificate.html.

Preserve F-03's corroborating_source from /workspace/documents/01_board_committees/007_board_committees_officer_certificate.html and /workspace/documents/07_equity_compensation/055_equity_compensation_officer_certificate.html.

Reconcile F-03 using the exact controlled facts ['Jonas Feld', 'Micah Sullivan'].

Do not introduce a controlled date, amount, percentage, address, or reference absent from F-03's cited source pair.

Preserve the supported cure owner and deadline anchors ['2026-09-28', 'Willa Novak'] for F-03.

Include the confirmed F-04 exception for risk-factor inconsistency.

Preserve F-04's id from /workspace/documents/02_minutes_materials/010_minutes_materials_executed_instrument.txt and /workspace/documents/08_earnings_guidance/058_earnings_guidance_executed_instrument.txt.

Preserve F-04's issue from /workspace/documents/02_minutes_materials/010_minutes_materials_executed_instrument.txt and /workspace/documents/08_earnings_guidance/058_earnings_guidance_executed_instrument.txt.

Preserve F-04's severity from /workspace/documents/02_minutes_materials/010_minutes_materials_executed_instrument.txt and /workspace/documents/08_earnings_guidance/058_earnings_guidance_executed_instrument.txt.

Preserve F-04's primary_source from /workspace/documents/02_minutes_materials/010_minutes_materials_executed_instrument.txt and /workspace/documents/08_earnings_guidance/058_earnings_guidance_executed_instrument.txt.

Preserve F-04's corroborating_source from /workspace/documents/02_minutes_materials/010_minutes_materials_executed_instrument.txt and /workspace/documents/08_earnings_guidance/058_earnings_guidance_executed_instrument.txt.

Reconcile F-04 using the exact controlled facts ['closed without exception', 'CB-PC-3308-D521', 'open and escalated', 'CB-PC-3308-M963'].

Do not introduce a controlled date, amount, percentage, address, or reference absent from F-04's cited source pair.

Preserve the supported cure owner and deadline anchors ['2026-09-28', 'Theo Laurent'] for F-04.

Include the confirmed F-05 exception for disclosure-control exception.

Preserve F-05's id from /workspace/documents/02_minutes_materials/013_minutes_materials_review_memorandum.json and /workspace/documents/08_earnings_guidance/061_earnings_guidance_review_memorandum.json.

Preserve F-05's issue from /workspace/documents/02_minutes_materials/013_minutes_materials_review_memorandum.json and /workspace/documents/08_earnings_guidance/061_earnings_guidance_review_memorandum.json.

Preserve F-05's severity from /workspace/documents/02_minutes_materials/013_minutes_materials_review_memorandum.json and /workspace/documents/08_earnings_guidance/061_earnings_guidance_review_memorandum.json.

Preserve F-05's primary_source from /workspace/documents/02_minutes_materials/013_minutes_materials_review_memorandum.json and /workspace/documents/08_earnings_guidance/061_earnings_guidance_review_memorandum.json.

Preserve F-05's corroborating_source from /workspace/documents/02_minutes_materials/013_minutes_materials_review_memorandum.json and /workspace/documents/08_earnings_guidance/061_earnings_guidance_review_memorandum.json.

Reconcile F-05 using the exact controlled facts ['New York Stock Exchange', 'Oregon'].

Do not introduce a controlled date, amount, percentage, address, or reference absent from F-05's cited source pair.

Preserve the supported cure owner and deadline anchors ['2026-09-28', 'Amara Patel'] for F-05.

Include the confirmed F-06 exception for trading-window violation.

Preserve F-06's id from /workspace/documents/02_minutes_materials/016_minutes_materials_status_report.md and /workspace/documents/08_earnings_guidance/064_earnings_guidance_status_report.md.

Preserve F-06's issue from /workspace/documents/02_minutes_materials/016_minutes_materials_status_report.md and /workspace/documents/08_earnings_guidance/064_earnings_guidance_status_report.md.

Preserve F-06's severity from /workspace/documents/02_minutes_materials/016_minutes_materials_status_report.md and /workspace/documents/08_earnings_guidance/064_earnings_guidance_status_report.md.

Preserve F-06's primary_source from /workspace/documents/02_minutes_materials/016_minutes_materials_status_report.md and /workspace/documents/08_earnings_guidance/064_earnings_guidance_status_report.md.

Preserve F-06's corroborating_source from /workspace/documents/02_minutes_materials/016_minutes_materials_status_report.md and /workspace/documents/08_earnings_guidance/064_earnings_guidance_status_report.md.

Reconcile F-06 using the exact controlled facts ['2%', '4%'].

Do not introduce a controlled date, amount, percentage, address, or reference absent from F-06's cited source pair.

Preserve the supported cure owner and deadline anchors ['2026-09-28', 'Henry Cho'] for F-06.

Include the confirmed F-07 exception for Section 16 filing delay.

Preserve F-07's id from /workspace/documents/03_sec_filings/019_sec_filings_correspondence.eml and /workspace/documents/09_whistleblower/067_whistleblower_correspondence.eml.

Preserve F-07's issue from /workspace/documents/03_sec_filings/019_sec_filings_correspondence.eml and /workspace/documents/09_whistleblower/067_whistleblower_correspondence.eml.

Preserve F-07's severity from /workspace/documents/03_sec_filings/019_sec_filings_correspondence.eml and /workspace/documents/09_whistleblower/067_whistleblower_correspondence.eml.

Preserve F-07's primary_source from /workspace/documents/03_sec_filings/019_sec_filings_correspondence.eml and /workspace/documents/09_whistleblower/067_whistleblower_correspondence.eml.

Preserve F-07's corroborating_source from /workspace/documents/03_sec_filings/019_sec_filings_correspondence.eml and /workspace/documents/09_whistleblower/067_whistleblower_correspondence.eml.

Reconcile F-07 using the exact controlled facts ['notices-highwater_utilities_inc@example.test', 'archive-nominating_committee@example.test'].

Do not introduce a controlled date, amount, percentage, address, or reference absent from F-07's cited source pair.

Preserve the supported cure owner and deadline anchors ['2026-09-28', 'Nadine Flores'] for F-07.

Include the confirmed F-08 exception for related-party disclosure gap.

Preserve F-08's id from /workspace/documents/03_sec_filings/022_sec_filings_formal_notice.xml and /workspace/documents/09_whistleblower/070_whistleblower_formal_notice.xml.

Preserve F-08's issue from /workspace/documents/03_sec_filings/022_sec_filings_formal_notice.xml and /workspace/documents/09_whistleblower/070_whistleblower_formal_notice.xml.

Preserve F-08's severity from /workspace/documents/03_sec_filings/022_sec_filings_formal_notice.xml and /workspace/documents/09_whistleblower/070_whistleblower_formal_notice.xml.

Preserve F-08's primary_source from /workspace/documents/03_sec_filings/022_sec_filings_formal_notice.xml and /workspace/documents/09_whistleblower/070_whistleblower_formal_notice.xml.

Preserve F-08's corroborating_source from /workspace/documents/03_sec_filings/022_sec_filings_formal_notice.xml and /workspace/documents/09_whistleblower/070_whistleblower_formal_notice.xml.

Reconcile F-08 using the exact controlled facts ['182 records', '2026-02-21', '52 records', '2026-03-17'].

Do not introduce a controlled date, amount, percentage, address, or reference absent from F-08's cited source pair.

Preserve the supported cure owner and deadline anchors ['2026-09-28', 'Micah Sullivan'] for F-08.

Include the confirmed F-09 exception for equity-plan share mismatch.

Preserve F-09's id from /workspace/documents/04_disclosure_controls/025_disclosure_controls_control_register.md and /workspace/documents/10_stock_exchange/073_stock_exchange_control_register.md.

Preserve F-09's issue from /workspace/documents/04_disclosure_controls/025_disclosure_controls_control_register.md and /workspace/documents/10_stock_exchange/073_stock_exchange_control_register.md.

Preserve F-09's severity from /workspace/documents/04_disclosure_controls/025_disclosure_controls_control_register.md and /workspace/documents/10_stock_exchange/073_stock_exchange_control_register.md.

Preserve F-09's primary_source from /workspace/documents/04_disclosure_controls/025_disclosure_controls_control_register.md and /workspace/documents/10_stock_exchange/073_stock_exchange_control_register.md.

Preserve F-09's corroborating_source from /workspace/documents/04_disclosure_controls/025_disclosure_controls_control_register.md and /workspace/documents/10_stock_exchange/073_stock_exchange_control_register.md.

Reconcile F-09 using the exact controlled facts ['2025-12-21', 'CB-PC-3308-I692', '2026-01-05', 'CB-PC-3308-R422'].

Do not introduce a controlled date, amount, percentage, address, or reference absent from F-09's cited source pair.

Preserve the supported cure owner and deadline anchors ['2026-09-28', 'Farah Ibrahim'] for F-09.

Include the confirmed F-10 exception for non-GAAP reconciliation issue.

Preserve F-10's id from /workspace/documents/04_disclosure_controls/028_disclosure_controls_ledger_export.csv and /workspace/documents/10_stock_exchange/076_stock_exchange_ledger_export.csv.

Preserve F-10's issue from /workspace/documents/04_disclosure_controls/028_disclosure_controls_ledger_export.csv and /workspace/documents/10_stock_exchange/076_stock_exchange_ledger_export.csv.

Preserve F-10's severity from /workspace/documents/04_disclosure_controls/028_disclosure_controls_ledger_export.csv and /workspace/documents/10_stock_exchange/076_stock_exchange_ledger_export.csv.

Preserve F-10's primary_source from /workspace/documents/04_disclosure_controls/028_disclosure_controls_ledger_export.csv and /workspace/documents/10_stock_exchange/076_stock_exchange_ledger_export.csv.

Preserve F-10's corroborating_source from /workspace/documents/04_disclosure_controls/028_disclosure_controls_ledger_export.csv and /workspace/documents/10_stock_exchange/076_stock_exchange_ledger_export.csv.

Reconcile F-10 using the exact controlled facts ['$3,212,324.00', '$3,371,148.00'].

Do not introduce a controlled date, amount, percentage, address, or reference absent from F-10's cited source pair.

Preserve the supported cure owner and deadline anchors ['2026-09-28', 'Owen Delgado'] for F-10.

Include the confirmed F-11 exception for guidance-control failure.

Preserve F-11's id from /workspace/documents/04_disclosure_controls/031_disclosure_controls_officer_certificate.html and /workspace/documents/10_stock_exchange/079_stock_exchange_officer_certificate.html.

Preserve F-11's issue from /workspace/documents/04_disclosure_controls/031_disclosure_controls_officer_certificate.html and /workspace/documents/10_stock_exchange/079_stock_exchange_officer_certificate.html.

Preserve F-11's severity from /workspace/documents/04_disclosure_controls/031_disclosure_controls_officer_certificate.html and /workspace/documents/10_stock_exchange/079_stock_exchange_officer_certificate.html.

Preserve F-11's primary_source from /workspace/documents/04_disclosure_controls/031_disclosure_controls_officer_certificate.html and /workspace/documents/10_stock_exchange/079_stock_exchange_officer_certificate.html.

Preserve F-11's corroborating_source from /workspace/documents/04_disclosure_controls/031_disclosure_controls_officer_certificate.html and /workspace/documents/10_stock_exchange/079_stock_exchange_officer_certificate.html.

Reconcile F-11 using the exact controlled facts ['Jonas Feld', 'Isaac Romero'].

Do not introduce a controlled date, amount, percentage, address, or reference absent from F-11's cited source pair.

Preserve the supported cure owner and deadline anchors ['2026-09-28', 'Lena Varga'] for F-11.

Include the confirmed F-12 exception for whistleblower escalation delay.

Preserve F-12's id from /workspace/documents/05_insider_trading/034_insider_trading_executed_instrument.txt and /workspace/documents/11_debt_covenants/082_debt_covenants_executed_instrument.txt.

Preserve F-12's issue from /workspace/documents/05_insider_trading/034_insider_trading_executed_instrument.txt and /workspace/documents/11_debt_covenants/082_debt_covenants_executed_instrument.txt.

Preserve F-12's severity from /workspace/documents/05_insider_trading/034_insider_trading_executed_instrument.txt and /workspace/documents/11_debt_covenants/082_debt_covenants_executed_instrument.txt.

Preserve F-12's primary_source from /workspace/documents/05_insider_trading/034_insider_trading_executed_instrument.txt and /workspace/documents/11_debt_covenants/082_debt_covenants_executed_instrument.txt.

Preserve F-12's corroborating_source from /workspace/documents/05_insider_trading/034_insider_trading_executed_instrument.txt and /workspace/documents/11_debt_covenants/082_debt_covenants_executed_instrument.txt.

Reconcile F-12 using the exact controlled facts ['closed without exception', 'CB-PC-3308-L594', 'open and escalated', 'CB-PC-3308-U345'].

Do not introduce a controlled date, amount, percentage, address, or reference absent from F-12's cited source pair.

Preserve the supported cure owner and deadline anchors ['2026-09-28', 'Samuel Kim'] for F-12.

Include the confirmed F-13 exception for listing-standard notice.

Preserve F-13's id from /workspace/documents/05_insider_trading/037_insider_trading_review_memorandum.json and /workspace/documents/11_debt_covenants/085_debt_covenants_review_memorandum.json.

Preserve F-13's issue from /workspace/documents/05_insider_trading/037_insider_trading_review_memorandum.json and /workspace/documents/11_debt_covenants/085_debt_covenants_review_memorandum.json.

Preserve F-13's severity from /workspace/documents/05_insider_trading/037_insider_trading_review_memorandum.json and /workspace/documents/11_debt_covenants/085_debt_covenants_review_memorandum.json.

Preserve F-13's primary_source from /workspace/documents/05_insider_trading/037_insider_trading_review_memorandum.json and /workspace/documents/11_debt_covenants/085_debt_covenants_review_memorandum.json.

Preserve F-13's corroborating_source from /workspace/documents/05_insider_trading/037_insider_trading_review_memorandum.json and /workspace/documents/11_debt_covenants/085_debt_covenants_review_memorandum.json.

Reconcile F-13 using the exact controlled facts ['New York Stock Exchange', 'Oregon'].

Do not introduce a controlled date, amount, percentage, address, or reference absent from F-13's cited source pair.

Preserve the supported cure owner and deadline anchors ['2026-09-28', 'Maya Ellison'] for F-13.

Include the confirmed F-14 exception for debt-covenant disclosure.

Preserve F-14's id from /workspace/documents/05_insider_trading/040_insider_trading_status_report.md and /workspace/documents/11_debt_covenants/088_debt_covenants_status_report.md.

Preserve F-14's issue from /workspace/documents/05_insider_trading/040_insider_trading_status_report.md and /workspace/documents/11_debt_covenants/088_debt_covenants_status_report.md.

Preserve F-14's severity from /workspace/documents/05_insider_trading/040_insider_trading_status_report.md and /workspace/documents/11_debt_covenants/088_debt_covenants_status_report.md.

Preserve F-14's primary_source from /workspace/documents/05_insider_trading/040_insider_trading_status_report.md and /workspace/documents/11_debt_covenants/088_debt_covenants_status_report.md.

Preserve F-14's corroborating_source from /workspace/documents/05_insider_trading/040_insider_trading_status_report.md and /workspace/documents/11_debt_covenants/088_debt_covenants_status_report.md.

Reconcile F-14 using the exact controlled facts ['3%', '10%'].

Do not introduce a controlled date, amount, percentage, address, or reference absent from F-14's cited source pair.

Preserve the supported cure owner and deadline anchors ['2026-09-28', 'Rafael Okafor'] for F-14.

Include the confirmed F-15 exception for officer certification exception.

Preserve F-15's id from /workspace/documents/06_related_parties/043_related_parties_correspondence.eml and /workspace/documents/12_certifications/091_certifications_correspondence.eml.

Preserve F-15's issue from /workspace/documents/06_related_parties/043_related_parties_correspondence.eml and /workspace/documents/12_certifications/091_certifications_correspondence.eml.

Preserve F-15's severity from /workspace/documents/06_related_parties/043_related_parties_correspondence.eml and /workspace/documents/12_certifications/091_certifications_correspondence.eml.

Preserve F-15's primary_source from /workspace/documents/06_related_parties/043_related_parties_correspondence.eml and /workspace/documents/12_certifications/091_certifications_correspondence.eml.

Preserve F-15's corroborating_source from /workspace/documents/06_related_parties/043_related_parties_correspondence.eml and /workspace/documents/12_certifications/091_certifications_correspondence.eml.

Reconcile F-15 using the exact controlled facts ['notices-highwater_utilities_inc@example.test', 'archive-nominating_committee@example.test'].

Do not introduce a controlled date, amount, percentage, address, or reference absent from F-15's cited source pair.

Preserve the supported cure owner and deadline anchors ['2026-09-28', 'Nora Chen'] for F-15.

Include the confirmed F-16 exception for board-matrix inconsistency.

Preserve F-16's id from /workspace/documents/06_related_parties/046_related_parties_formal_notice.xml and /workspace/documents/12_certifications/094_certifications_formal_notice.xml.

Preserve F-16's issue from /workspace/documents/06_related_parties/046_related_parties_formal_notice.xml and /workspace/documents/12_certifications/094_certifications_formal_notice.xml.

Preserve F-16's severity from /workspace/documents/06_related_parties/046_related_parties_formal_notice.xml and /workspace/documents/12_certifications/094_certifications_formal_notice.xml.

Preserve F-16's primary_source from /workspace/documents/06_related_parties/046_related_parties_formal_notice.xml and /workspace/documents/12_certifications/094_certifications_formal_notice.xml.

Preserve F-16's corroborating_source from /workspace/documents/06_related_parties/046_related_parties_formal_notice.xml and /workspace/documents/12_certifications/094_certifications_formal_notice.xml.

Reconcile F-16 using the exact controlled facts ['145 records', '2026-01-15', '55 records', '2026-02-11'].

Do not introduce a controlled date, amount, percentage, address, or reference absent from F-16's cited source pair.

Preserve the supported cure owner and deadline anchors ['2026-09-28', 'Dominic Alvarez'] for F-16.

Include the 'Executive assessment' decision section in advice.md.

Include the 'Method and record coverage' decision section in advice.md.

Include the 'Findings' decision section in advice.md.

Include the 'Recommended next actions' decision section in advice.md.

Include the 'Assumptions and limitations' decision section in advice.md.

Explain F-01 with its issue, severity, cited source pair, exact conflicting facts, owner, and deadline.

Explain F-02 with its issue, severity, cited source pair, exact conflicting facts, owner, and deadline.

Explain F-03 with its issue, severity, cited source pair, exact conflicting facts, owner, and deadline.

Explain F-04 with its issue, severity, cited source pair, exact conflicting facts, owner, and deadline.

Explain F-05 with its issue, severity, cited source pair, exact conflicting facts, owner, and deadline.

Explain F-06 with its issue, severity, cited source pair, exact conflicting facts, owner, and deadline.

Explain F-07 with its issue, severity, cited source pair, exact conflicting facts, owner, and deadline.

Explain F-08 with its issue, severity, cited source pair, exact conflicting facts, owner, and deadline.

Explain F-09 with its issue, severity, cited source pair, exact conflicting facts, owner, and deadline.

Explain F-10 with its issue, severity, cited source pair, exact conflicting facts, owner, and deadline.

Explain F-11 with its issue, severity, cited source pair, exact conflicting facts, owner, and deadline.

Explain F-12 with its issue, severity, cited source pair, exact conflicting facts, owner, and deadline.

Explain F-13 with its issue, severity, cited source pair, exact conflicting facts, owner, and deadline.

Explain F-14 with its issue, severity, cited source pair, exact conflicting facts, owner, and deadline.

Explain F-15 with its issue, severity, cited source pair, exact conflicting facts, owner, and deadline.

Explain F-16 with its issue, severity, cited source pair, exact conflicting facts, owner, and deadline.

Do not claim the production has no issues or that every record is consistent.

Reconcile controlling and corroborating records

The CB-PC-3308 production contains independently maintained records; a defensible answer must preserve each supported conflict and its cure owner.

Timestamp recency does not establish legal priority, execution, or approval authority.

Report primary records without reconciliation

Primary records alone conceal the operational conflicts that create the actionable exceptions.