{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-069570","form_type":"8-K","ticker":"LOPE","cik":"0001434588","company_name":"Grand Canyon Education, Inc.","filed_at":"2026-06-02T21:34:18+00:00","discovered_at":"2026-06-03T10:05:00.270952+00:00","generated_at":"2026-06-03T10:08:28.422141+00:00","sec_items":["7.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"medium","headline":"Grand Canyon Education and GCU sign non-binding LOI to amend MSA; revenue to decline $4M-$6M in H2 2026","bullets":["Non-binding LOI to amend MSA; potential effective date July 1, 2026.","Term extended by 8 years; GCU forfeits right to terminate for convenience.","Service fee restructured to exclude ancillary revenue; reimbursement eliminated.","Expected revenue reduction of $4M in Q3 and $6M in Q4 2026; operating income impact less than $1M per quarter.","Definitive amended MSA still subject to negotiation; no assurance of final agreement."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-069570","json":"https://secwatch.observer/filing/0001104659-26-069570.json","markdown":"https://secwatch.observer/filing/0001104659-26-069570.md","text":"https://secwatch.observer/filing/0001104659-26-069570.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1434588/000110465926069570/0001104659-26-069570-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1434588/000110465926069570/lope-20260602x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T10:08:28.422141+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"}