{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-21-268856","form_type":"8-K","ticker":"DXPE","cik":"0001020710","company_name":"DXP ENTERPRISES INC","filed_at":"2021-09-09T23:59:59+00:00","discovered_at":"2026-05-14T18:04:16.878138+00:00","generated_at":"2026-06-29T04:42:49.446207+00:00","sec_items":["4.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"DXP restates financials; material weakness in internal controls over financial reporting discovered","bullets":["Expects to reduce trade accounts payable by $8M-$12M and increase retained earnings by corresponding amount net of tax.","Material weakness in internal control over financial reporting existed as of Dec 31, 2020; disclosure controls ineffective.","Prior evaluation of disclosure controls and Moss Adams audit report dated March 18, 2021 can no longer be relied upon.","Company revised purchase order three-way match process, added automation and clearance timetable for aged items.","Will amend 2020 10-K and Q1 2021 10-Q; intends to file Q2 2021 10-Q promptly."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-21-268856","json":"https://secwatch.observer/filing/0001193125-21-268856.json","markdown":"https://secwatch.observer/filing/0001193125-21-268856.md","text":"https://secwatch.observer/filing/0001193125-21-268856.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1020710/000119312521268856/0001193125-21-268856-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1020710/000119312521268856/d194810d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T04:42:49.446207+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"}