{"schema_version":"secwatch.filing_event.v1","accession":"0001176334-25-000022","form_type":"8-K","ticker":"MMLP","cik":"0001176334","company_name":"MARTIN MIDSTREAM PARTNERS L.P.","filed_at":"2025-02-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.092487+00:00","generated_at":"2026-05-26T14:29:18.676091+00:00","sec_items":["1.01","2.03","5.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"MMLP eases credit covenants for Q1-Q3 2025; adopts phantom unit plan","bullets":["Credit agreement amended: interest coverage ratio floor lowered to 1.75x for Q1-Q3 2025 from 2.00x, then back to 2.00x.","First lien leverage ratio maximum reduced to 1.25x for Q1-Q3 2025 from 1.50x, then back to 1.50x.","Board approved 2025 Phantom Unit Plan; 1.21M phantom units and 425K appreciation rights granted to employees."],"urls":{"canonical":"https://secwatch.observer/filing/0001176334-25-000022","json":"https://secwatch.observer/filing/0001176334-25-000022.json","markdown":"https://secwatch.observer/filing/0001176334-25-000022.md","text":"https://secwatch.observer/filing/0001176334-25-000022.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1176334/000117633425000022/0001176334-25-000022-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1176334/000117633425000022/mmlp-20250211.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T14:29:18.676091+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"}