{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-135248","form_type":"8-K","ticker":"ZUMZ","cik":"0001318008","company_name":"Zumiez Inc","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.816425+00:00","generated_at":"2026-06-02T05:06:03.330145+00:00","sec_items":["1.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"confidence":"high","headline":"Zumiez terminates $25M Wells Fargo credit facility; no borrowings outstanding","bullets":["Effective May 3, 2024, terminated senior secured credit facility with Wells Fargo (originally Dec 2018).","Facility provided up to $25M for working capital; no borrowings or open commercial LCs outstanding.","$3.4M in undrawn standby LCs being transitioned to restricted deposits with the Bank.","No early termination penalties incurred; company cites sufficient liquidity from operations and cash.","Termination eliminates 0.50% per annum unused commitment fee on the facility."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-135248","json":"https://secwatch.observer/filing/0001193125-24-135248.json","markdown":"https://secwatch.observer/filing/0001193125-24-135248.md","text":"https://secwatch.observer/filing/0001193125-24-135248.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1318008/000119312524135248/0001193125-24-135248-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1318008/000119312524135248/d832392d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T05:06:03.330145+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":"9604059e866eb1565fb103556c0560b6692ba8b2","claim":"Zumiez Inc terminated Credit Agreement with Wells Fargo Bank, N.A. (effective 2024-05-03).","evidence_excerpt":"Terminated a Credit Agreement between the Company and Wells Fargo Bank, N.A. (the “ Bank ”) originally entered into on December 7, 2018","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1318008/000119312524135248/0001193125-24-135248-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Wells Fargo Bank, N.A."},{"label":"Effective","value":"2024-05-03"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}