{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-014671","form_type":"8-K","ticker":"VHC","cik":"0001082324","company_name":"VirnetX Holding Corp","filed_at":"2023-03-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.806601+00:00","generated_at":"2026-06-17T08:53:45.135493+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"VirnetX declares $1.00 special dividend, commits to distribute 80% of Apple litigation proceeds","bullets":["Special dividend of $1.00 per share payable April 17, 2023 to record April 10, 2023; aggregate ~$71.4M.","Company committed to distribute 80% of net proceeds from Apple litigation (over $500M jury award on appeal).","Cooperation agreement with Radoff/JEC Group (owns ~6.6%) includes standstill and withdrawal of director nominations.","Company to add new independent director within 12 months for board diversity.","Over $165M distributed to shareholders including this dividend."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-014671","json":"https://secwatch.observer/filing/0001140361-23-014671.json","markdown":"https://secwatch.observer/filing/0001140361-23-014671.md","text":"https://secwatch.observer/filing/0001140361-23-014671.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1082324/000114036123014671/0001140361-23-014671-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1082324/000114036123014671/brhc10050639_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T08:53:45.135493+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":"27d1ca8e8d0b8b64b804d389a87a6f22028aa903","claim":"VirnetX Holding Corp entered into Agreement with The Radoff Family Foundation, Bradley L. Radoff, JEC II Associates, LLC, Michael Torok (collectively, the \"Radoff/JEC Group\") (effective 2023-03-29).","evidence_excerpt":"On March 29, 2023, VirnetX Holding Corporation (the \" Company \") entered into a cooperation letter agreement (the \" Agreement \") with The Radoff Family Foundation, Bradley L. Radoff, JEC II Associates, LLC, Michael Torok (collectively, the \" Radoff/JEC Group \").","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1082324/000114036123014671/0001140361-23-014671-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"The Radoff Family Foundation, Bradley L. Radoff, JEC II Associates, LLC, Michael Torok (collectively, the \"Radoff/JEC Group\")"},{"label":"Effective","value":"2023-03-29"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}