{"schema_version":"secwatch.filing_event.v1","accession":"0000885725-26-000049","form_type":"8-K","ticker":"BSX","cik":"0000885725","company_name":"BOSTON SCIENTIFIC CORP","filed_at":"2026-07-27T20:06:43+00:00","discovered_at":"2026-07-27T20:08:00.285600+00:00","generated_at":"2026-07-27T20:08:25.447384+00:00","sec_items":["2.05"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Boston Scientific approves 2026 restructuring plan with $700M-$800M pre-tax charges","bullets":["Board approved 2026 Restructuring Plan on July 21, 2026; expected to be substantially completed by end of 2029.","Estimated total pre-tax charges of $700M-$800M, with $600M-$700M in cash outlays; annual pre-tax expense reduction of ~$500M.","Charges include transfer costs ($300M-$350M), termination benefits ($275M-$300M), and other costs ($125M-$150M).","Headcount reductions expected, but new jobs created in growth areas; savings to be reinvested in strategic growth initiatives.","Activities include supply chain optimization, transferring production lines, and functional transformation."],"urls":{"canonical":"https://secwatch.observer/filing/0000885725-26-000049","json":"https://secwatch.observer/filing/0000885725-26-000049.json","markdown":"https://secwatch.observer/filing/0000885725-26-000049.md","text":"https://secwatch.observer/filing/0000885725-26-000049.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/885725/000088572526000049/0000885725-26-000049-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/885725/000088572526000049/bsx-20260721.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-27T20:08:25.447384+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"}