---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-182690"
form_type: "8-K"
ticker: "SWBI"
cik: "0001092796"
company_name: "SMITH & WESSON BRANDS, INC."
filed_at: "2025-08-18T23:59:59+00:00"
generated_at: "2026-05-17T11:47:16.837373+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Smith & Wesson amends credit agreement, adjusts covenant ratio and excludes certain tax payments

## Summary
- First Amendment to Oct 2024 credit agreement adjusts minimum Consolidated Fixed Charge Coverage Ratio for periods ending April 30, 2026 and July 31, 2026.
- Excludes from Consolidated Funded Indebtedness any Indebtedness of guarantors related to Missouri Lease guarantee until obligation is triggered.
- Allows one-time exclusion of cash taxes paid in FY2026 related to amended tax returns for FY2023 and FY2024.
- No new debt issued; existing credit agreement otherwise unchanged.
- Agreement with TD Bank, N.A. as administrative agent and other lenders.

## SEC filing metadata
- accession: 0001193125-25-182690
- form_type: 8-K
- ticker: SWBI
- cik: 0001092796
- company_name: SMITH & WESSON BRANDS, INC.
- filed_at: 2025-08-18T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1092796/000119312525182690/0001193125-25-182690-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1092796/000119312525182690/d927672d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-182690
- JSON: https://secwatch.observer/filing/0001193125-25-182690.json
- Plain text: https://secwatch.observer/filing/0001193125-25-182690.txt

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