{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-045613","form_type":"8-K","ticker":null,"cik":"0000095552","company_name":"SUPERIOR INDUSTRIES INTERNATIONAL INC","filed_at":"2023-08-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.116813+00:00","generated_at":"2026-06-11T01:45:11.315327+00:00","sec_items":["2.01","2.06","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Superior's German subsidiary files insolvency; expects $81.7M non-cash charge","bullets":["SPG filed voluntary preliminary insolvency proceedings in German court; deconsolidation effective Aug 31, 2023.","Superior expects ~$81.7M non-cash charge in Q3 2023 for excess carrying value over fair value of SPG interest.","SPG represents ~6% of Superior's footprint; U.S., Mexico, Poland operations not impacted.","No default under Superior's debt agreements; company maintains strong liquidity.","Pro forma net loss of $26.4M for FY2022 after deconsolidation; no discontinued ops presentation."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-045613","json":"https://secwatch.observer/filing/0000950170-23-045613.json","markdown":"https://secwatch.observer/filing/0000950170-23-045613.md","text":"https://secwatch.observer/filing/0000950170-23-045613.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/95552/000095017023045613/0000950170-23-045613-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/95552/000095017023045613/sup-20230831.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T01:45:11.315327+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":"92e3810c50d3ce07ce51cc90785de1eacf354daa","claim":"SUPERIOR INDUSTRIES INTERNATIONAL INC announced a impairment with charges of approximately $81.7 million affecting SPG (Superior Industry Production Germany GmbH).","evidence_excerpt":"Superior expects to recognize a non-cash charge of approximately $81.7 million in the third quarter of 2023, representing the excess of the carrying value over the estimated preliminary fair value of its interest in, and receivable from, SPG as of the Filing Date","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/95552/000095017023045613/0000950170-23-045613-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"impairment"},{"label":"Charge","value":"approximately $81.7 million"},{"label":"Affected area","value":"SPG (Superior Industry Production Germany GmbH)"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}