{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-005647","form_type":"8-K","ticker":"VRM","cik":"0001580864","company_name":"Vroom, Inc.","filed_at":"2025-01-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.065354+00:00","generated_at":"2026-05-28T01:08:02.945402+00:00","sec_items":["1.01","1.02","1.03","5.03","3.02","3.03","5.01","5.02","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"Vroom emerges from Chapter 11; $290.5M convertible notes converted to equity; trade creditors paid in full","bullets":["Converted ~$290.5M principal of 0.75% convertible notes into 92.94% of new common stock; parent has no long-term debt.","Every 5 old common shares reclassified into 1 new share (1-for-5 adjustment); ~5.16M shares outstanding post-emergence.","Issued warrants to purchase 364,516 shares at $60.95 per share, exercisable immediately for 5 years.","Matthew Pietroforte appointed to board of directors; management incentive plan reserves 15% of fully-diluted shares.","Trade creditors and all allowed general unsecured creditors to be paid in full."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-005647","json":"https://secwatch.observer/filing/0000950170-25-005647.json","markdown":"https://secwatch.observer/filing/0000950170-25-005647.md","text":"https://secwatch.observer/filing/0000950170-25-005647.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1580864/000095017025005647/0000950170-25-005647-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1580864/000095017025005647/vrm-20250108.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T01:08:02.945402+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":"f8b8e72a30","claim":"Matthew Pietroforte was appointed as Director at Vroom, Inc..","evidence_excerpt":"On January 14, 2025 and pursuant to the terms of the Plan, as confirmed by the Bankruptcy Court under Chapter 11 of the Bankruptcy Code, Matthew Pietroforte, was appointed as a member of the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1580864/000095017025005647/0000950170-25-005647-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}