{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-243977","form_type":"8-K","ticker":"VSEC","cik":"0000102752","company_name":"VSE CORP","filed_at":"2023-09-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.928032+00:00","generated_at":"2026-06-10T07:21:58.423982+00:00","sec_items":["1.02","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"VSE and Bernhard Capital mutually terminate $50M+ earn-out sale of Federal & Defense segment","bullets":["Mutual termination effective September 27, 2023; no termination fee or penalties.","Original deal: $50M cash at close plus up to $50M earn-out based on milestones.","Segment remains in discontinued operations held for sale; company will continue divestiture.","CEO states decision allows faster, more effective sale process; Q3 results expected in weeks.","Approvals and closing conditions no longer expected in reasonable time, for reasons unrelated to VSE or BCP."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-243977","json":"https://secwatch.observer/filing/0001193125-23-243977.json","markdown":"https://secwatch.observer/filing/0001193125-23-243977.md","text":"https://secwatch.observer/filing/0001193125-23-243977.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/102752/000119312523243977/0001193125-23-243977-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/102752/000119312523243977/d558226d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T07:21:58.423982+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":"332688cb3e7014c161ac6e0faf9c891b931fb853","claim":"VSE CORP terminated Amendment and Termination to Membership Interest Purchase Agreement with ASG Operations, LLC valued at No termination fee; parties bear own costs (effective 2023-09-27).","evidence_excerpt":"On September 27, 2023, the Company, the Seller, the Purchaser, and BCP entered into an Amendment and Termination to Membership Interest Purchase Agreement (the “Termination Agreement”), effective as of September 27, 2023, pursuant to which the parties mutually agreed to terminate the Purchase Agreement.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/102752/000119312523243977/0001193125-23-243977-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"ASG Operations, LLC"},{"label":"Value","value":"No termination fee; parties bear own costs"},{"label":"Effective","value":"2023-09-27"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}