{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-123660","form_type":"8-K","ticker":"VST","cik":"0001692819","company_name":"Vistra Corp.","filed_at":"2025-05-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.365354+00:00","generated_at":"2026-05-20T22:37:45.388601+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.78,"calibrated_materiality_score":0.78,"confidence":"high","headline":"Vistra to acquire 2.6 GW of natural gas assets from Lotus for $1.9B","bullets":["Seven natural gas facilities totaling 2,557 MW for $1.9B, or ~$743/kW; includes Fairless (1,320 MW), Manchester (510 MW), etc.","Acquisition expected to be accretive to Ongoing Operations AFCFbG in the first year after closing.","Funding via assumed term loan (~50% of consideration) and cash on hand; $76M termination fee if regulatory approvals blocked.","Closing targeted for late 2025 or early 2026 subject to FERC, HSR, and NY PSC approvals.","Vistra reaffirms capital plan: $300M annual dividends, at least $1B annual buybacks, net leverage <3x."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-123660","json":"https://secwatch.observer/filing/0001193125-25-123660.json","markdown":"https://secwatch.observer/filing/0001193125-25-123660.md","text":"https://secwatch.observer/filing/0001193125-25-123660.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1692819/000119312525123660/0001193125-25-123660-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1692819/000119312525123660/d948204d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T22:37:45.388601+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"}