{"schema_version":"secwatch.filing_event.v1","accession":"0001040161-25-000005","form_type":"8-K","ticker":"PXLW","cik":"0001040161","company_name":"PIXELWORKS, INC","filed_at":"2025-03-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:02.770594+00:00","generated_at":"2026-05-25T16:43:42.452721+00:00","sec_items":["2.05"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Pixelworks approves restructuring plan cutting ~6% of workforce, expects $0.4M severance charges","bullets":["Board approved restructuring on Feb 25, 2025; workforce reduction of ~6% in operations, R&D, and marketing.","Expects ~$0.4M in severance and benefit charges, largely recorded in Q1 2025.","Additional $0.5M to repurchase ESOP shares from terminated employees in China, completed by Q2 2025.","Annualized savings of ~$1.2M expected from the restructuring.","Restructuring substantially complete by end of Q1 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001040161-25-000005","json":"https://secwatch.observer/filing/0001040161-25-000005.json","markdown":"https://secwatch.observer/filing/0001040161-25-000005.md","text":"https://secwatch.observer/filing/0001040161-25-000005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1040161/000104016125000005/0001040161-25-000005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1040161/000104016125000005/pxlw-20250225.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T16:43:42.452721+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"}