{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-006391","form_type":"8-K","ticker":"CMRC","cik":"0001626450","company_name":"Commerce.com, Inc.","filed_at":"2026-01-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.676093+00:00","generated_at":"2026-05-16T11:22:11.517593+00:00","sec_items":["2.02","2.05","5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Commerce.com workforce reduction plan charges $7.4M; CFO adds COO role","bullets":["Workforce realignment plan committed Dec 31, 2025; $7.4M expense recorded in Q4 FY2025, $6.5M expected in FY2026.","Total operating cash flow impact estimated at $12.2M in FY2026, with $3.4M in Q1 FY2026.","CFO Daniel Lentz appointed additional COO role effective Jan 1, 2026; compensation unchanged.","Company reaffirmed prior Q4 and full-year FY2025 financial outlook issued Nov 6, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-006391","json":"https://secwatch.observer/filing/0001193125-26-006391.json","markdown":"https://secwatch.observer/filing/0001193125-26-006391.md","text":"https://secwatch.observer/filing/0001193125-26-006391.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1626450/000119312526006391/0001193125-26-006391-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1626450/000119312526006391/bigc-20251231.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T11:22:11.517593+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":"84c6a39a350f00ef06a06babd000f7ece3a3a570","claim":"Commerce.com, Inc. announced a restructuring with charges of approximately $7.4 million and an additional $6.5 million.","evidence_excerpt":"The Company recorded an expense of approximately $7.4 million in connection with the Plan during the fourth quarter of fiscal 2025 and estimates an additional $6.5 million in fiscal 2026, which are primarily related to severance payments, professional services, and other related costs.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1626450/000119312526006391/0001193125-26-006391-index.htm","confidence":0.9}],"comparable_filings":[{"accession":"0001104659-26-049837","ticker":"IAC","company_name":"IAC Inc.","filed_at":"2026-04-28T23:59:59+00:00","headline":"IAC announces name change to 'People Incorporated', restructuring with $40M cost savings, and C-suite changes","event_type":"other_material","sec_items":["2.02","7.01","2.05","5.02","9.01"],"materiality_score":0.75,"calibrated_materiality_score":0.75,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.02, 2.05, 5.02, 9.01","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-049837","json":"https://secwatch.observer/filing/0001104659-26-049837.json","markdown":"https://secwatch.observer/filing/0001104659-26-049837.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1800227/000110465926049837/0001104659-26-049837-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1800227/000110465926049837/tm2612831d1_8k.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"The Company recorded an expense of approximately $7.4 million in connection with the Plan during the fourth quarter of fiscal 2025 and estimates an additional $6.5 million in fiscal 2026, which are primarily related to severance payments, professional services, and other related costs.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1626450/000119312526006391/0001193125-26-006391-index.htm","comparable_excerpt":"Ahead of its name change to \"People Incorporated\" which is expected to occur with the release of Q2 2026 earnings in August, the Company has initiated a plan to consolidate its corporate functions with those of its People Inc. business (\" People \"), through a reduction in workforce, technology integrations, and other cost-saving measures over the coming quarters (the \" Plan \"). The Plan is expected to generate annual run-rate cost savings of approximately $40 million. The Plan is expected to be completed by Q1 of 2027. The Company expects to incur approximately $14 million in severance and related expenses, $48 million in non-cash stock-based compensation expense and $0.5 million to $1 million in other costs related to the Plan.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1800227/000110465926049837/0001104659-26-049837-index.htm"}},{"accession":"0001193125-26-155861","ticker":"SNAP","company_name":"Snap Inc","filed_at":"2026-04-15T23:59:59+00:00","headline":"Snap reports Q1 rev ~$1.53B (+12% YoY), adj EBITDA ~$233M; cuts 16% of staff (~1,000 jobs)","event_type":"other_material","sec_items":["2.02","2.05","7.01","9.01"],"materiality_score":0.8,"calibrated_materiality_score":0.8,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.02, 2.05, 9.01","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-155861","json":"https://secwatch.observer/filing/0001193125-26-155861.json","markdown":"https://secwatch.observer/filing/0001193125-26-155861.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1564408/000119312526155861/0001193125-26-155861-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1564408/000119312526155861/d36756d8k.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"The Company recorded an expense of approximately $7.4 million in connection with the Plan during the fourth quarter of fiscal 2025 and estimates an additional $6.5 million in fiscal 2026, which are primarily related to severance payments, professional services, and other related costs.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1626450/000119312526006391/0001193125-26-006391-index.htm","comparable_excerpt":"increased operational efficiencies to accelerate our path toward net-income profitability. As a result, we currently estimate that we will incur pre-tax charges in the range of $95 million to $130 million, primarily consisting of severance and related costs, contract termination costs, and other impairment charges, of which $75 million to $100 million are expected","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1564408/000119312526155861/0001193125-26-155861-index.htm"}},{"accession":"0001193125-26-149752","ticker":"CARS","company_name":"Cars.com Inc.","filed_at":"2026-04-09T23:59:59+00:00","headline":"Cars.com cuts 11% of workforce, expects $8.5-9M charges; reaffirms FY guidance","event_type":"other_material","sec_items":["2.02","2.05","9.01"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.02, 2.05, 9.01","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-149752","json":"https://secwatch.observer/filing/0001193125-26-149752.json","markdown":"https://secwatch.observer/filing/0001193125-26-149752.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1683606/000119312526149752/0001193125-26-149752-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1683606/000119312526149752/cars-20260406.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"The Company recorded an expense of approximately $7.4 million in connection with the Plan during the fourth quarter of fiscal 2025 and estimates an additional $6.5 million in fiscal 2026, which are primarily related to severance payments, professional services, and other related costs.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1626450/000119312526006391/0001193125-26-006391-index.htm","comparable_excerpt":"On April 9, 2026, the Company also announced a cost reduction program that includes a reduction in the Company’s workforce of approximately 11% of its full-time roles, including certain management roles and two executive roles. In connection with this workforce reduction, the Company expects to incur aggregate charges of approximately $8.5-$9 million, consisting primarily of employee-related costs, including severance, benefits, and other related expenses.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1683606/000119312526149752/0001193125-26-149752-index.htm"}},{"accession":"0001193125-26-143876","ticker":"STIM","company_name":"Neuronetics, Inc.","filed_at":"2026-04-06T23:59:59+00:00","headline":"Neuronetics announces CFO resignation, 5% workforce reduction, and former CEO consulting deal","event_type":"other_material","sec_items":["1.01","2.05","5.02","7.01","9.01"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.05, 5.02, 9.01","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-143876","json":"https://secwatch.observer/filing/0001193125-26-143876.json","markdown":"https://secwatch.observer/filing/0001193125-26-143876.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1227636/000119312526143876/0001193125-26-143876-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1227636/000119312526143876/d107138d8k.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"The Company recorded an expense of approximately $7.4 million in connection with the Plan during the fourth quarter of fiscal 2025 and estimates an additional $6.5 million in fiscal 2026, which are primarily related to severance payments, professional services, and other related costs.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1626450/000119312526006391/0001193125-26-006391-index.htm","comparable_excerpt":"On April 2, 2026, the Company initiated a workforce reduction, which it expects to be completed by mid-year 2026, that will impact up to 5% of its employees. The reduction is part of a broader effort to optimize the Company’s cost structure. The Company expects to incur restructuring charges of approximately $0.2 million, primarily for severance and related costs, in the second quarter of 2026.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1227636/000119312526143876/0001193125-26-143876-index.htm"}},{"accession":"0001650372-26-000021","ticker":"TEAM","company_name":"Atlassian Corp","filed_at":"2026-03-11T23:59:59+00:00","headline":"Atlassian to cut ~10% workforce (~1,600 roles); CTO Rajeev Rajan departing","event_type":"other_material","sec_items":["2.05","7.01","5.02","9.01"],"materiality_score":0.8,"calibrated_materiality_score":0.8,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.05, 5.02, 9.01","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001650372-26-000021","json":"https://secwatch.observer/filing/0001650372-26-000021.json","markdown":"https://secwatch.observer/filing/0001650372-26-000021.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1650372/000165037226000021/0001650372-26-000021-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1650372/000165037226000021/team-20260311.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"The Company recorded an expense of approximately $7.4 million in connection with the Plan during the fourth quarter of fiscal 2025 and estimates an additional $6.5 million in fiscal 2026, which are primarily related to severance payments, professional services, and other related costs.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1626450/000119312526006391/0001193125-26-006391-index.htm","comparable_excerpt":"efficiency and sustainability. Position eliminations in each country are subject to local law and consultation requirements. The Company estimates it will incur approximately $225 million to $236 million in charges in connection with these actions, of which approximately $169 million to $174 million is expected to result in future cash outlays related to","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1650372/000165037226000021/0001650372-26-000021-index.htm"}},{"accession":"0001193125-26-031987","ticker":"IOBTQ","company_name":"IO Biotech, Inc.","filed_at":"2026-01-30T23:59:59+00:00","headline":"IO Biotech explores strategic alternatives, cuts workforce, CMO departs, hires Raymond James","event_type":"other_material","sec_items":["2.05","5.02","8.01","9.01"],"materiality_score":0.8,"calibrated_materiality_score":0.8,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.05, 5.02, 9.01","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-031987","json":"https://secwatch.observer/filing/0001193125-26-031987.json","markdown":"https://secwatch.observer/filing/0001193125-26-031987.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1865494/000119312526031987/0001193125-26-031987-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1865494/000119312526031987/d13704d8k.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"The Company recorded an expense of approximately $7.4 million in connection with the Plan during the fourth quarter of fiscal 2025 and estimates an additional $6.5 million in fiscal 2026, which are primarily related to severance payments, professional services, and other related costs.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1626450/000119312526006391/0001193125-26-006391-index.htm","comparable_excerpt":"As part of previously announced efforts by IO Biotech, Inc. (the “Company”) to reduce the Company’s operating expenses while the Company explores a range of strategic alternatives, the Board of Directors of the Company approved on January 21, 2026, a restructuring and workforce reduction plan (the “Plan”) which is expected to result in a significant reduction of the Company’s workforce globally. In connection with the implementation of the Plan, the Company expects to incur one-time charges and cash expenditures in a range of approximately $2.4 million to $2.6 million, primarily related to employee wages and severance payments, healthcare continuation, earned vacation time and related termination costs.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1865494/000119312526031987/0001193125-26-031987-index.htm"}},{"accession":"0001104659-26-007986","ticker":"FDX","company_name":"FEDEX CORP","filed_at":"2026-01-29T23:59:59+00:00","headline":"FedEx France restructuring: up to 500 job cuts, $175M-$275M costs; names new COO for US/Canada","event_type":"other_material","sec_items":["2.05","5.02","9.01"],"materiality_score":0.75,"calibrated_materiality_score":0.75,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.05, 5.02, 9.01","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-007986","json":"https://secwatch.observer/filing/0001104659-26-007986.json","markdown":"https://secwatch.observer/filing/0001104659-26-007986.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1048911/000110465926007986/0001104659-26-007986-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1048911/000110465926007986/tm263979d1_8k.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"The Company recorded an expense of approximately $7.4 million in connection with the Plan during the fourth quarter of fiscal 2025 and estimates an additional $6.5 million in fiscal 2026, which are primarily related to severance payments, professional services, and other related costs.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1626450/000119312526006391/0001193125-26-006391-index.htm","comparable_excerpt":"We expect the pre-tax costs of severance benefits, legal and professional fees, and facilities lease termination charges to be provided under and related to the transformation program to range from $175 million to $275 million","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1048911/000110465926007986/0001104659-26-007986-index.htm"}},{"accession":"0001213900-26-052921","ticker":"AIRE","company_name":"reAlpha Tech Corp.","filed_at":"2026-05-06T23:59:59+00:00","headline":"reAlpha cuts workforce 25%, targets $2M annual savings in restructuring","event_type":"other_material","sec_items":["2.05","7.01","9.01"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.05, 9.01","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-052921","json":"https://secwatch.observer/filing/0001213900-26-052921.json","markdown":"https://secwatch.observer/filing/0001213900-26-052921.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1859199/000121390026052921/0001213900-26-052921-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1859199/000121390026052921/ea0289539-8k_realpha.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"The Company recorded an expense of approximately $7.4 million in connection with the Plan during the fourth quarter of fiscal 2025 and estimates an additional $6.5 million in fiscal 2026, which are primarily related to severance payments, professional services, and other related costs.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1626450/000119312526006391/0001193125-26-006391-index.htm","comparable_excerpt":"Plan as well as savings related\nto certain restricted stock units lapsing over the next twelve months. The Company estimates that\nit will incur pre-tax charges in the range of $0.14 million to $0.20 million in connection with the Plan, consisting of approximately\n$0.10 to $0.15 in future cash-based expenditures associated with severance and benefit payments and","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1859199/000121390026052921/0001213900-26-052921-index.htm"}}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}