{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-096964","form_type":"8-K","ticker":"TSEOF","cik":"0001519061","company_name":"Trinseo PLC","filed_at":"2025-10-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.615903+00:00","generated_at":"2026-05-17T04:34:08.127104+00:00","sec_items":["2.05","7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Trinseo to close MMA plants in Italy, potential PS closure in Germany; suspends dividend","bullets":["Restructuring charges $80M-$100M; annual profitability improvement targeted at $20M from MMA closures, plus $10M capex reduction.","Cash payments $40M-$50M through 2028; closures expected by end of 2026 subject to local law requirements.","Initiated consultation to close polystyrene production in Schkopau, Germany; potential $10M annual improvement.","Dividend suspended indefinitely; saves ~$1.5M annually (prior quarterly $0.01/share)."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-096964","json":"https://secwatch.observer/filing/0001104659-25-096964.json","markdown":"https://secwatch.observer/filing/0001104659-25-096964.md","text":"https://secwatch.observer/filing/0001104659-25-096964.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1519061/000110465925096964/0001104659-25-096964-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1519061/000110465925096964/tse-20251006x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T04:34:08.127104+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":"b94b0aa89b47d991bd233532d9c48c0446cb05c5","claim":"Trinseo PLC announced a restructuring with charges of $80 million to $100 million affecting MMA production operations in Rho, Italy and ACH production operations in Porto Marghera, Italy.","evidence_excerpt":"assets. Moving forward, the company will source all MMA feedstock from third-party producers. ​ The Company expects to record total pre-tax restructuring charges of $80 million to $100 million, principally comprised of $3 million to $6 million of employee-related costs, $40 million to $46 million of asset-related charges and $37 million to $48 million","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1519061/000110465925096964/0001104659-25-096964-index.htm","confidence":0.9}],"comparable_filings":[{"accession":"0001315257-26-000036","ticker":"KOP","company_name":"Koppers Holdings Inc.","filed_at":"2026-05-08T23:59:59+00:00","headline":"Koppers conditionally plans to shut Stickney, IL chemical operations; Q1 adjusted EPS down 19.7%","event_type":"other_material","sec_items":["2.02","2.05","5.02","5.07","7.01","9.01"],"materiality_score":0.85,"calibrated_materiality_score":0.85,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.05, 7.01, 9.01","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001315257-26-000036","json":"https://secwatch.observer/filing/0001315257-26-000036.json","markdown":"https://secwatch.observer/filing/0001315257-26-000036.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1315257/000131525726000036/0001315257-26-000036-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1315257/000131525726000036/kop-20260507.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"assets. Moving forward, the company will source all MMA feedstock from third-party producers. ​ The Company expects to record total pre-tax restructuring charges of $80 million to $100 million, principally comprised of $3 million to $6 million of employee-related costs, $40 million to $46 million of asset-related charges and $37 million to $48 million","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1519061/000110465925096964/0001104659-25-096964-index.htm","comparable_excerpt":"potentially appropriate uses for the Stickney facility following the end of production activities. The Company expects this action to result in pre-tax charges to earnings of $227 million to $262 million through the end of 2029, approximately $170 million to $195 million of which constitutes non-cash charges and approximately $57 million to $67 million of which","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1315257/000131525726000036/0001315257-26-000036-index.htm"}},{"accession":"0001477333-26-000033","ticker":"NET","company_name":"Cloudflare, Inc.","filed_at":"2026-05-07T23:59:59+00:00","headline":"Cloudflare Q1 revenue $639.8M +34% YoY; announces 20% workforce reduction","event_type":"other_material","sec_items":["2.02","2.05","7.01","9.01"],"materiality_score":0.85,"calibrated_materiality_score":0.85,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.05, 7.01, 9.01","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001477333-26-000033","json":"https://secwatch.observer/filing/0001477333-26-000033.json","markdown":"https://secwatch.observer/filing/0001477333-26-000033.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1477333/000147733326000033/0001477333-26-000033-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1477333/000147733326000033/cloud-20260507.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"assets. Moving forward, the company will source all MMA feedstock from third-party producers. ​ The Company expects to record total pre-tax restructuring charges of $80 million to $100 million, principally comprised of $3 million to $6 million of employee-related costs, $40 million to $46 million of asset-related charges and $37 million to $48 million","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1519061/000110465925096964/0001104659-25-096964-index.htm","comparable_excerpt":"On May 7, 2026, the Company announced a plan (the “Plan”) designed to further accelerate its evolution to an agentic AI-first operating model. As part of the Plan, the Company expects to reduce its current workforce by approximately 20%. The Company currently estimates that it will incur charges of between $140 million and $150 million in connection with the Plan","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1477333/000147733326000033/0001477333-26-000033-index.htm"}},{"accession":"0001104659-26-049837","ticker":"IAC","company_name":"IAC Inc.","filed_at":"2026-04-28T23:59:59+00:00","headline":"IAC announces name change to 'People Incorporated', restructuring with $40M cost savings, and C-suite changes","event_type":"other_material","sec_items":["2.02","7.01","2.05","5.02","9.01"],"materiality_score":0.75,"calibrated_materiality_score":0.75,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.05, 7.01, 9.01","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-049837","json":"https://secwatch.observer/filing/0001104659-26-049837.json","markdown":"https://secwatch.observer/filing/0001104659-26-049837.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1800227/000110465926049837/0001104659-26-049837-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1800227/000110465926049837/tm2612831d1_8k.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"assets. Moving forward, the company will source all MMA feedstock from third-party producers. ​ The Company expects to record total pre-tax restructuring charges of $80 million to $100 million, principally comprised of $3 million to $6 million of employee-related costs, $40 million to $46 million of asset-related charges and $37 million to $48 million","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1519061/000110465925096964/0001104659-25-096964-index.htm","comparable_excerpt":"Ahead of its name change to \"People Incorporated\" which is expected to occur with the release of Q2 2026 earnings in August, the Company has initiated a plan to consolidate its corporate functions with those of its People Inc. business (\" People \"), through a reduction in workforce, technology integrations, and other cost-saving measures over the coming quarters (the \" Plan \"). The Plan is expected to generate annual run-rate cost savings of approximately $40 million. The Plan is expected to be completed by Q1 of 2027. The Company expects to incur approximately $14 million in severance and related expenses, $48 million in non-cash stock-based compensation expense and $0.5 million to $1 million in other costs related to the Plan.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1800227/000110465926049837/0001104659-26-049837-index.htm"}},{"accession":"0001193125-26-155861","ticker":"SNAP","company_name":"Snap Inc","filed_at":"2026-04-15T23:59:59+00:00","headline":"Snap reports Q1 rev ~$1.53B (+12% YoY), adj EBITDA ~$233M; cuts 16% of staff (~1,000 jobs)","event_type":"other_material","sec_items":["2.02","2.05","7.01","9.01"],"materiality_score":0.8,"calibrated_materiality_score":0.8,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.05, 7.01, 9.01","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-155861","json":"https://secwatch.observer/filing/0001193125-26-155861.json","markdown":"https://secwatch.observer/filing/0001193125-26-155861.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1564408/000119312526155861/0001193125-26-155861-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1564408/000119312526155861/d36756d8k.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"assets. Moving forward, the company will source all MMA feedstock from third-party producers. ​ The Company expects to record total pre-tax restructuring charges of $80 million to $100 million, principally comprised of $3 million to $6 million of employee-related costs, $40 million to $46 million of asset-related charges and $37 million to $48 million","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1519061/000110465925096964/0001104659-25-096964-index.htm","comparable_excerpt":"increased operational efficiencies to accelerate our path toward net-income profitability. As a result, we currently estimate that we will incur pre-tax charges in the range of $95 million to $130 million, primarily consisting of severance and related costs, contract termination costs, and other impairment charges, of which $75 million to $100 million are expected","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1564408/000119312526155861/0001193125-26-155861-index.htm"}},{"accession":"0001171843-26-002302","ticker":"CRMT","company_name":"AMERICAS CARMART INC","filed_at":"2026-04-07T23:59:59+00:00","headline":"America's Car-Mart to close 42 stores (31% of total); non-cash impairment ~$14M due to capital constraints","event_type":"other_material","sec_items":["2.05","2.06","7.01","9.01"],"materiality_score":0.9,"calibrated_materiality_score":0.9,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.05, 7.01, 9.01","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-26-002302","json":"https://secwatch.observer/filing/0001171843-26-002302.json","markdown":"https://secwatch.observer/filing/0001171843-26-002302.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/799850/000117184326002302/0001171843-26-002302-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/799850/000117184326002302/f8k_040726.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"assets. Moving forward, the company will source all MMA feedstock from third-party producers. ​ The Company expects to record total pre-tax restructuring charges of $80 million to $100 million, principally comprised of $3 million to $6 million of employee-related costs, $40 million to $46 million of asset-related charges and $37 million to $48 million","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1519061/000110465925096964/0001104659-25-096964-index.htm","comparable_excerpt":"the Company expects to record a non-cash impairment charge of approximately $14 million related to assets at the closing locations.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/799850/000117184326002302/0001171843-26-002302-index.htm"}},{"accession":"0001213900-26-033878","ticker":"NDRA","company_name":"ENDRA Life Sciences Inc.","filed_at":"2026-03-25T23:59:59+00:00","headline":"ENDRA Life Sciences cuts staff, initiates strategic alternatives review; severance costs $51K","event_type":"other_material","sec_items":["2.05","7.01","9.01"],"materiality_score":0.75,"calibrated_materiality_score":0.75,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.05, 7.01, 9.01","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-033878","json":"https://secwatch.observer/filing/0001213900-26-033878.json","markdown":"https://secwatch.observer/filing/0001213900-26-033878.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1681682/000121390026033878/0001213900-26-033878-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1681682/000121390026033878/ea0283331-8k_endra.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"assets. Moving forward, the company will source all MMA feedstock from third-party producers. ​ The Company expects to record total pre-tax restructuring charges of $80 million to $100 million, principally comprised of $3 million to $6 million of employee-related costs, $40 million to $46 million of asset-related charges and $37 million to $48 million","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1519061/000110465925096964/0001104659-25-096964-index.htm","comparable_excerpt":"on March 19, 2026, the Company reduced the number of its employees in order to reduce cash expenditures and extend its operational runway. As a result, the Company expects to incur pre-tax cash charges of approximately $51,000 associated with severance payments to former employees.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1681682/000121390026033878/0001213900-26-033878-index.htm"}},{"accession":"0001650372-26-000021","ticker":"TEAM","company_name":"Atlassian Corp","filed_at":"2026-03-11T23:59:59+00:00","headline":"Atlassian to cut ~10% workforce (~1,600 roles); CTO Rajeev Rajan departing","event_type":"other_material","sec_items":["2.05","7.01","5.02","9.01"],"materiality_score":0.8,"calibrated_materiality_score":0.8,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.05, 7.01, 9.01","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001650372-26-000021","json":"https://secwatch.observer/filing/0001650372-26-000021.json","markdown":"https://secwatch.observer/filing/0001650372-26-000021.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1650372/000165037226000021/0001650372-26-000021-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1650372/000165037226000021/team-20260311.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"assets. Moving forward, the company will source all MMA feedstock from third-party producers. ​ The Company expects to record total pre-tax restructuring charges of $80 million to $100 million, principally comprised of $3 million to $6 million of employee-related costs, $40 million to $46 million of asset-related charges and $37 million to $48 million","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1519061/000110465925096964/0001104659-25-096964-index.htm","comparable_excerpt":"efficiency and sustainability. Position eliminations in each country are subject to local law and consultation requirements. The Company estimates it will incur approximately $225 million to $236 million in charges in connection with these actions, of which approximately $169 million to $174 million is expected to result in future cash outlays related to","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1650372/000165037226000021/0001650372-26-000021-index.htm"}},{"accession":"0001213900-26-024752","ticker":"INM","company_name":"InMed Pharmaceuticals Inc.","filed_at":"2026-03-06T23:59:59+00:00","headline":"InMed to wind down BayMedica commercial ops; focus shifts to Alzheimer's, AMD pipeline","event_type":"other_material","sec_items":["2.05","7.01","9.01"],"materiality_score":0.85,"calibrated_materiality_score":0.85,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.05, 7.01, 9.01","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-024752","json":"https://secwatch.observer/filing/0001213900-26-024752.json","markdown":"https://secwatch.observer/filing/0001213900-26-024752.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1728328/000121390026024752/0001213900-26-024752-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1728328/000121390026024752/ea0279869-8k_inmed.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"assets. Moving forward, the company will source all MMA feedstock from third-party producers. ​ The Company expects to record total pre-tax restructuring charges of $80 million to $100 million, principally comprised of $3 million to $6 million of employee-related costs, $40 million to $46 million of asset-related charges and $37 million to $48 million","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1519061/000110465925096964/0001104659-25-096964-index.htm","comparable_excerpt":"In connection with the wind down of commercial operations, BayMedica is expected to incur severance and other employee-related costs of approximately $550,000 and expects to incur additional related expenditures of approximately $120,000 through the end of the fiscal year.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1728328/000121390026024752/0001213900-26-024752-index.htm"}}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}