---
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"
generated_at: "2026-06-02T05:06:03.330145+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.15
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Zumiez terminates $25M Wells Fargo credit facility; no borrowings outstanding

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.15
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 1.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-135248
- JSON: https://secwatch.observer/filing/0001193125-24-135248.json
- Plain text: https://secwatch.observer/filing/0001193125-24-135248.txt

## Key facts
- Material Agreements
  Zumiez Inc terminated Credit Agreement with Wells Fargo Bank, N.A. (effective 2024-05-03).
  - Action: termination
  - Agreement: credit facility
  - Counterparty: Wells Fargo Bank, N.A.
  - Effective: 2024-05-03
  source text: Terminated a Credit Agreement between the Company and Wells Fargo Bank, N.A. (the “ Bank ”) originally entered into on December 7, 2018
  evidence_url: https://www.sec.gov/Archives/edgar/data/1318008/000119312524135248/0001193125-24-135248-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.