{"schema_version":"secwatch.filing_event.v1","accession":"0000879526-26-000003","form_type":"8-K","ticker":"WNC","cik":"0000879526","company_name":"WABASH NATIONAL Corp","filed_at":"2026-01-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.891237+00:00","generated_at":"2026-05-16T11:46:19.598087+00:00","sec_items":["2.05","2.06"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Wabash National idles MN and IN plants; expects $15-$20M charges, 270 job cuts","bullets":["Total charges $15-$20M, with $12-$15M recorded in Q4 2025 and $3-$5M in H1 2026.","Job reductions of 56 employees in Little Falls, MN and 214 in Goshen, IN.","Cash charges $1-$2M primarily for associate and exit costs; remainder non-cash asset impairment.","Plan substantially complete by end of Q2 2026; fixed cost reductions expected annually.","No discontinuation of any business line; facilities idled, not closed permanently."],"urls":{"canonical":"https://secwatch.observer/filing/0000879526-26-000003","json":"https://secwatch.observer/filing/0000879526-26-000003.json","markdown":"https://secwatch.observer/filing/0000879526-26-000003.md","text":"https://secwatch.observer/filing/0000879526-26-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/879526/000087952626000003/0000879526-26-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/879526/000087952626000003/wnc-20260105.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T11:46:19.598087+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":[{"claim_id":"2c8e1b17b67c93b06636c49a877d4d820b65e10a","claim":"WABASH NATIONAL Corp announced a restructuring with charges of between $15 million and $20 million affecting its facilities in Little Falls, Minnesota and in Goshen, Indiana (approximately 3 salaried and 53 hourly employees and 21 salaried and 193 hourly employees, respectively).","evidence_excerpt":"On January 5, 2026, Wabash National Corporation (the “Company”) announced and initiated a plan to idle its facilities in Little Falls, Minnesota and in Goshen, Indiana. The plan includes job reductions of approximately 3 salaried and 53 hourly employees and 21 salaried and 193 hourly employees, respectively, and is expected to be substantially complete by the end of Q2 2026. The total charges associated with this action are expected to be between $15 million and $20 million","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/879526/000087952626000003/0000879526-26-000003-index.htm","confidence":0.9}],"comparable_filings":[{"accession":"0001327811-26-000004","ticker":"WDAY","company_name":"Workday, Inc.","filed_at":"2026-02-04T23:59:59+00:00","headline":"Workday to cut ~2% of workforce, take $135M charge in Q4 FY2026; GAAP margin to drop 24-25 pts","event_type":"other_material","sec_items":["2.02","2.05","2.06"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.05, 2.06","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001327811-26-000004","json":"https://secwatch.observer/filing/0001327811-26-000004.json","markdown":"https://secwatch.observer/filing/0001327811-26-000004.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1327811/000132781126000004/0001327811-26-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1327811/000132781126000004/wday-20260130.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"On January 5, 2026, Wabash National Corporation (the “Company”) announced and initiated a plan to idle its facilities in Little Falls, Minnesota and in Goshen, Indiana. The plan includes job reductions of approximately 3 salaried and 53 hourly employees and 21 salaried and 193 hourly employees, respectively, and is expected to be substantially complete by the end of Q2 2026. The total charges associated with this action are expected to be between $15 million and $20 million","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/879526/000087952626000003/0000879526-26-000003-index.htm","comparable_excerpt":"Workday estimates that it will incur approximately $135 million in charges which are expected to be recognized in the fourth quarter of fiscal 2026, consisting of approximately $40 million of future cash expenditures related to severance payments, employee benefits, and related costs and approximately $15 million in non-cash charges for stock-based compensation. The charges also consist of approximately $80 million in non-cash charges related to the impairment of certain office space and long-lived assets.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1327811/000132781126000004/0001327811-26-000004-index.htm"}},{"accession":"0001039399-26-000002","ticker":"FORM","company_name":"FORMFACTOR INC","filed_at":"2026-01-09T23:59:59+00:00","headline":"FormFactor announces restructuring plan to consolidate CA facilities; expects $30-$40M charges","event_type":"other_material","sec_items":["2.05","2.06"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.05, 2.06","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001039399-26-000002","json":"https://secwatch.observer/filing/0001039399-26-000002.json","markdown":"https://secwatch.observer/filing/0001039399-26-000002.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1039399/000103939926000002/0001039399-26-000002-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1039399/000103939926000002/form-20260105.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"On January 5, 2026, Wabash National Corporation (the “Company”) announced and initiated a plan to idle its facilities in Little Falls, Minnesota and in Goshen, Indiana. The plan includes job reductions of approximately 3 salaried and 53 hourly employees and 21 salaried and 193 hourly employees, respectively, and is expected to be substantially complete by the end of Q2 2026. The total charges associated with this action are expected to be between $15 million and $20 million","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/879526/000087952626000003/0000879526-26-000003-index.htm","comparable_excerpt":"On January 5, 2026, FormFactor, Inc. (“we”, “the Company” or “FormFactor”) adopted restructuring plans that are intended to better align cost structure and support gross margin improvement to the Company’s target financial model, while also aligning manufacturing capabilities with current and anticipated business needs and the Company's strategic priorities. As part of this restructuring plan, the Company is consolidating the manufacturing facilities located in Carlsbad, California and Baldwin Park, California. As a result, we have incurred, or expect to incur, personnel-related costs to sever or retain approximately 200 to 300 employees. We expect the actions defined under these plans will be largely completed by the end of December 2026, except facilities charges, which may extend beyond that time. The restructuring plans are expected to result in the Company recording restructuring charges in the aggregate amount of approximately $30 to $40 million on a GAAP basis, estimated to be c","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1039399/000103939926000002/0001039399-26-000002-index.htm"}},{"accession":"0001140361-26-000697","ticker":"HNI","company_name":"HNI CORP","filed_at":"2026-01-08T23:59:59+00:00","headline":"HNI Corp to exit Wayland NY plant, consolidate production; expects $7.5-8M annual savings","event_type":"other_material","sec_items":["2.05","2.06","9.01"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.05, 2.06","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-26-000697","json":"https://secwatch.observer/filing/0001140361-26-000697.json","markdown":"https://secwatch.observer/filing/0001140361-26-000697.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/48287/000114036126000697/0001140361-26-000697-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/48287/000114036126000697/ef20062485_8k.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"On January 5, 2026, Wabash National Corporation (the “Company”) announced and initiated a plan to idle its facilities in Little Falls, Minnesota and in Goshen, Indiana. The plan includes job reductions of approximately 3 salaried and 53 hourly employees and 21 salaried and 193 hourly employees, respectively, and is expected to be substantially complete by the end of Q2 2026. The total charges associated with this action are expected to be between $15 million and $20 million","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/879526/000087952626000003/0000879526-26-000003-index.htm","comparable_excerpt":"HNI anticipates charges resulting from the consolidation will impact pre-tax earnings by an estimated $14.9 million in 2026 and 2027, including $5.7 million of non-cash charges.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/48287/000114036126000697/0001140361-26-000697-index.htm"}},{"accession":"0000037785-25-000134","ticker":"FMC","company_name":"FMC CORP","filed_at":"2025-12-12T23:59:59+00:00","headline":"FMC announces Project Foundation restructuring with $560-635M charges; goodwill impairment expected","event_type":"other_material","sec_items":["2.05","2.06"],"materiality_score":0.85,"calibrated_materiality_score":0.85,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.05, 2.06","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0000037785-25-000134","json":"https://secwatch.observer/filing/0000037785-25-000134.json","markdown":"https://secwatch.observer/filing/0000037785-25-000134.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/37785/000003778525000134/0000037785-25-000134-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/37785/000003778525000134/fmc-20251212.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"On January 5, 2026, Wabash National Corporation (the “Company”) announced and initiated a plan to idle its facilities in Little Falls, Minnesota and in Goshen, Indiana. The plan includes job reductions of approximately 3 salaried and 53 hourly employees and 21 salaried and 193 hourly employees, respectively, and is expected to be substantially complete by the end of Q2 2026. The total charges associated with this action are expected to be between $15 million and $20 million","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/879526/000087952626000003/0000879526-26-000003-index.htm","comparable_excerpt":"The Company expects to incur pre-tax restructuring charges over the life of the program in the range of approximately $560 to $635 million, which is subject to future changes, in connection with these efforts.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/37785/000003778525000134/0000037785-25-000134-index.htm"}},{"accession":"0001193125-25-307535","ticker":"PKG","company_name":"PACKAGING CORP OF AMERICA","filed_at":"2025-12-04T23:59:59+00:00","headline":"PCA to shut down Wallula kraft pulping and No.2 machine; $205M restructuring charges","event_type":"other_material","sec_items":["2.05","2.06","9.01"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.05, 2.06","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-307535","json":"https://secwatch.observer/filing/0001193125-25-307535.json","markdown":"https://secwatch.observer/filing/0001193125-25-307535.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/75677/000119312525307535/0001193125-25-307535-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/75677/000119312525307535/d50663d8k.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"On January 5, 2026, Wabash National Corporation (the “Company”) announced and initiated a plan to idle its facilities in Little Falls, Minnesota and in Goshen, Indiana. The plan includes job reductions of approximately 3 salaried and 53 hourly employees and 21 salaried and 193 hourly employees, respectively, and is expected to be substantially complete by the end of Q2 2026. The total charges associated with this action are expected to be between $15 million and $20 million","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/879526/000087952626000003/0000879526-26-000003-index.htm","comparable_excerpt":"These charges include approximately $165 million of non-cash impairment and accelerated depreciation charges and $40 million of cash charges for contract termination, severance, and other charges.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/75677/000119312525307535/0001193125-25-307535-index.htm"}},{"accession":"0001315257-26-000036","ticker":"KOP","company_name":"Koppers Holdings Inc.","filed_at":"2026-05-08T23:59:59+00:00","headline":"Koppers conditionally plans to shut Stickney, IL chemical operations; Q1 adjusted EPS down 19.7%","event_type":"other_material","sec_items":["2.02","2.05","5.02","5.07","7.01","9.01"],"materiality_score":0.85,"calibrated_materiality_score":0.85,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.05","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001315257-26-000036","json":"https://secwatch.observer/filing/0001315257-26-000036.json","markdown":"https://secwatch.observer/filing/0001315257-26-000036.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1315257/000131525726000036/0001315257-26-000036-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1315257/000131525726000036/kop-20260507.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"On January 5, 2026, Wabash National Corporation (the “Company”) announced and initiated a plan to idle its facilities in Little Falls, Minnesota and in Goshen, Indiana. The plan includes job reductions of approximately 3 salaried and 53 hourly employees and 21 salaried and 193 hourly employees, respectively, and is expected to be substantially complete by the end of Q2 2026. The total charges associated with this action are expected to be between $15 million and $20 million","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/879526/000087952626000003/0000879526-26-000003-index.htm","comparable_excerpt":"potentially appropriate uses for the Stickney facility following the end of production activities. The Company expects this action to result in pre-tax charges to earnings of $227 million to $262 million through the end of 2029, approximately $170 million to $195 million of which constitutes non-cash charges and approximately $57 million to $67 million of which","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1315257/000131525726000036/0001315257-26-000036-index.htm"}},{"accession":"0001477333-26-000033","ticker":"NET","company_name":"Cloudflare, Inc.","filed_at":"2026-05-07T23:59:59+00:00","headline":"Cloudflare Q1 revenue $639.8M +34% YoY; announces 20% workforce reduction","event_type":"other_material","sec_items":["2.02","2.05","7.01","9.01"],"materiality_score":0.85,"calibrated_materiality_score":0.85,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.05","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001477333-26-000033","json":"https://secwatch.observer/filing/0001477333-26-000033.json","markdown":"https://secwatch.observer/filing/0001477333-26-000033.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1477333/000147733326000033/0001477333-26-000033-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1477333/000147733326000033/cloud-20260507.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"On January 5, 2026, Wabash National Corporation (the “Company”) announced and initiated a plan to idle its facilities in Little Falls, Minnesota and in Goshen, Indiana. The plan includes job reductions of approximately 3 salaried and 53 hourly employees and 21 salaried and 193 hourly employees, respectively, and is expected to be substantially complete by the end of Q2 2026. The total charges associated with this action are expected to be between $15 million and $20 million","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/879526/000087952626000003/0000879526-26-000003-index.htm","comparable_excerpt":"On May 7, 2026, the Company announced a plan (the “Plan”) designed to further accelerate its evolution to an agentic AI-first operating model. As part of the Plan, the Company expects to reduce its current workforce by approximately 20%. The Company currently estimates that it will incur charges of between $140 million and $150 million in connection with the Plan","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1477333/000147733326000033/0001477333-26-000033-index.htm"}},{"accession":"0001679788-26-000049","ticker":"COIN","company_name":"Coinbase Global, Inc.","filed_at":"2026-05-05T23:59:59+00:00","headline":"Coinbase to cut 700 jobs (14% of workforce) in restructuring for AI era","event_type":"other_material","sec_items":["2.05"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.05","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001679788-26-000049","json":"https://secwatch.observer/filing/0001679788-26-000049.json","markdown":"https://secwatch.observer/filing/0001679788-26-000049.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1679788/000167978826000049/0001679788-26-000049-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1679788/000167978826000049/coin-20260505.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"On January 5, 2026, Wabash National Corporation (the “Company”) announced and initiated a plan to idle its facilities in Little Falls, Minnesota and in Goshen, Indiana. The plan includes job reductions of approximately 3 salaried and 53 hourly employees and 21 salaried and 193 hourly employees, respectively, and is expected to be substantially complete by the end of Q2 2026. The total charges associated with this action are expected to be between $15 million and $20 million","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/879526/000087952626000003/0000879526-26-000003-index.htm","comparable_excerpt":"The Plan involves a reduction of the Company’s workforce by approximately 700 employees, representing approximately 14% of the Company’s global workforce as of May 1, 2026. The Company expects execution of the Plan to be substantially complete in the second quarter of 2026. In connection with these actions, the Company estimates that it will incur approximately $50 million to $60 million in total restructuring expenses","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1679788/000167978826000049/0001679788-26-000049-index.htm"}}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}