{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-079876","form_type":"8-K","ticker":"BLD","cik":"0001633931","company_name":"TopBuild Corp","filed_at":"2026-07-01T20:16:46+00:00","discovered_at":"2026-07-01T20:18:04.236750+00:00","generated_at":"2026-07-01T20:18:16.719859+00:00","sec_items":["1.01","1.02","8.01","2.01","2.03","3.01","3.03","5.01","5.02","5.03","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"QXO completes acquisition of TopBuild; TopBuild renamed QXO Insulation, LLC, shares delisted","bullets":["Merger consideration: $505 cash or 20.2 QXO shares per TopBuild share; 91% elected cash, prorated to ~$249.67 cash + 10.212 QXO shares per share.","New debt financing: $3.0B unsecured notes (6.5% 2031, 6.875% 2034), $2.25B secured notes (6.75% 2032), $3.0B incremental term loan, and $2.0B ABL facility.","TopBuild's prior credit agreement repaid and terminated; all outstanding TopBuild notes (2029, 2032, 2034) redeemed and cancelled.","All TopBuild directors and executive officers ceased; former CEO Joseph Viselli received $894,539 cash payment upon retirement.","TopBuild shares delisted from NYSE; registrant renamed QXO Insulation, LLC."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-079876","json":"https://secwatch.observer/filing/0001104659-26-079876.json","markdown":"https://secwatch.observer/filing/0001104659-26-079876.md","text":"https://secwatch.observer/filing/0001104659-26-079876.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1633931/000110465926079876/0001104659-26-079876-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1633931/000110465926079876/tm2618991d10_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-01T20:18:16.719859+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":"8487a7f92a","claim":"Joseph M. Viselli retired as Chief Executive Officer at TopBuild Corp.","evidence_excerpt":"In connection with the retirement of Joseph M. Viselli, as previously disclosed in TopBuild’s Current Report on Form 8-K filed with the SEC on April 17, 2026, in recognition of his contributions to TopBuild and in consideration of his ongoing restrictive covenants and other post-employment obligations, on June 30, 2026, the Compensation Committee of TopBuild’s board of directors approved a cash payment to Mr. Viselli in the amount of $894,539, less applicable taxes and withholdings (the “Cash Payment”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1633931/000110465926079876/0001104659-26-079876-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}