{"schema_version":"secwatch.filing_event.v1","accession":"0000098362-23-000087","form_type":"8-K","ticker":"TKR","cik":"0000098362","company_name":"TIMKEN CO","filed_at":"2023-06-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.986044+00:00","generated_at":"2026-06-13T22:12:56.913052+00:00","sec_items":["7.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.72,"calibrated_materiality_score":0.72,"confidence":"high","headline":"Timken sells 7.6M shares of Timken India for ~$288M; ownership drops to 57.7%","bullets":["Gross proceeds of ~$288 million from sale, reducing ownership from 67.8% to 57.7%.","Net proceeds to support 2023 capital allocation priorities, including share repurchases.","Transaction expected to be accretive to Timken's earnings per share.","Timken maintains controlling interest in TIL; new $75M plant in Bharuch, India to start production by early 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0000098362-23-000087","json":"https://secwatch.observer/filing/0000098362-23-000087.json","markdown":"https://secwatch.observer/filing/0000098362-23-000087.md","text":"https://secwatch.observer/filing/0000098362-23-000087.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/98362/000009836223000087/0000098362-23-000087-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/98362/000009836223000087/tkr-20230620.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T22:12:56.913052+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}