{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-119428","form_type":"8-K","ticker":"MRP","cik":"0002017206","company_name":"Millrose Properties, Inc.","filed_at":"2025-05-14T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.689429+00:00","generated_at":"2026-05-21T10:50:13.382329+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Millrose Q1 net income $64.8M ($0.39/sh); raises 2025 funding guidance to $1.5B","bullets":["Net income $64.8M ($0.39/share) on $82.7M option fees; book value $35.40/share.","Raised FY 2025 third-party funding guidance to $1.5B (from $1B); year-end quarterly EPS run-rate raised to $0.69-0.71.","Declared inaugural stub dividend of $0.38/share (normalized quarterly $0.65); paid Apr 15.","Deployed $351M with third-parties at 11.7% yield; portfolio yield 8.7% on ~111k homesites.","Post-quarter: $700M commitment to acquire Landsea Homes homesites via New Home Co; close expected Q3 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-119428","json":"https://secwatch.observer/filing/0001193125-25-119428.json","markdown":"https://secwatch.observer/filing/0001193125-25-119428.md","text":"https://secwatch.observer/filing/0001193125-25-119428.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2017206/000119312525119428/0001193125-25-119428-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2017206/000119312525119428/d920782d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T10:50:13.382329+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"}