{"schema_version":"secwatch.filing_event.v1","accession":"0001070081-25-000004","form_type":"8-K","ticker":"PTCT","cik":"0001070081","company_name":"PTC THERAPEUTICS, INC.","filed_at":"2025-01-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:02.861238+00:00","generated_at":"2026-05-28T12:22:35.322205+00:00","sec_items":["1.01","2.03"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"PTC Therapeutics cuts leased space in half, reduces base rent by $57.7M","bullets":["Surrendered one of two buildings; premises reduced from 360k to 180k sq ft.","Aggregate base rent reduced by $57.7M; continues paying full rent through Dec 2027 then lower amount.","Landlord improvement allowance cut from $36.1M to $23.9M.","Letter of credit increased to $10M from $8.1M; could drop to $5M after Jul 2027 and $2.5M after Dec 2028.","Amendment effective Dec 31, 2024; related to Warren, NJ facility."],"urls":{"canonical":"https://secwatch.observer/filing/0001070081-25-000004","json":"https://secwatch.observer/filing/0001070081-25-000004.json","markdown":"https://secwatch.observer/filing/0001070081-25-000004.md","text":"https://secwatch.observer/filing/0001070081-25-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1070081/000107008125000004/0001070081-25-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1070081/000107008125000004/tmb-20241231x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T12:22:35.322205+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"}