{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-014695","form_type":"8-K","ticker":"BCBP","cik":"0001228454","company_name":"BCB BANCORP INC","filed_at":"2026-01-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.666437+00:00","generated_at":"2026-05-16T09:44:36.088481+00:00","sec_items":["2.06"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"BCB Bancorp reports $15.1M cannabis REO write-down and $16.4M net charge-offs in Q4 2025","bullets":["$15.1M pre-tax write-down on an isolated cannabis-related real estate owned property.","$16.4M in additional net charge-offs, primarily in the C&I loan portfolio; largest single C&I charge-off was $6.4M.","Approximately $1.4M of net charge-offs attributable to 'Business Express' loans.","Company expects no future cash expenditures from these charge-offs and states capital is sufficient to absorb losses."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-014695","json":"https://secwatch.observer/filing/0001193125-26-014695.json","markdown":"https://secwatch.observer/filing/0001193125-26-014695.md","text":"https://secwatch.observer/filing/0001193125-26-014695.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1228454/000119312526014695/0001193125-26-014695-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1228454/000119312526014695/d69266d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T09:44:36.088481+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":"d32273fc8849ff26f3525a9e85abf53ea379c410","claim":"BCB BANCORP INC announced a impairment with charges of approximately $1.4 million affecting the Bank’s “Business Express” loans.","evidence_excerpt":"Approximately $1.4 million of these net charge-offs were attributable to the Bank’s “Business Express” loans.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1228454/000119312526014695/0001193125-26-014695-index.htm","confidence":0.9},{"claim_id":"e88527291cdd505effdfb88b85f9c8a40d9d0c15","claim":"BCB BANCORP INC announced a impairment with charges of $15.1 million (pre-tax) affecting cannabis-related real estate owned (REO) property.","evidence_excerpt":"On January 13, 2026, the Board of Directors and management of BCB Bancorp, Inc. (the “Company”) determined that a write down of $15.1 million (pre-tax) was required with respect to an isolated cannabis-related real estate owned (REO) property.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1228454/000119312526014695/0001193125-26-014695-index.htm","confidence":0.9},{"claim_id":"fa626e2e360c66bea8549ee0026d4fab21dcfa87","claim":"BCB BANCORP INC announced a impairment with charges of $6.4 million affecting C&I loan.","evidence_excerpt":"The largest of these charge-offs was a $6.4 million C&I loan.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1228454/000119312526014695/0001193125-26-014695-index.htm","confidence":0.9}],"comparable_filings":[{"accession":"0001104659-26-045476","ticker":"LMNR","company_name":"Limoneira CO","filed_at":"2026-04-20T23:59:59+00:00","headline":"Limoneira to sell 80% of Paso Robles vineyard for $16M; records $9.3M impairment","event_type":"other_material","sec_items":["1.01","2.06","9.01"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.06","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-045476","json":"https://secwatch.observer/filing/0001104659-26-045476.json","markdown":"https://secwatch.observer/filing/0001104659-26-045476.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1342423/000110465926045476/0001104659-26-045476-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1342423/000110465926045476/tm2612188d1_8k.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"Approximately $1.4 million of these net charge-offs were attributable to the Bank’s “Business Express” loans.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1228454/000119312526014695/0001193125-26-014695-index.htm","comparable_excerpt":"As a result of the transactions contemplated by the Purchase Agreement, we determined on April 14, 2026 that we will recognize an impairment of property, plant and equipment to be recorded in the second quarter of fiscal year 2026, which is currently estimated to be approximately $9,300,000.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1342423/000110465926045476/0001104659-26-045476-index.htm"}},{"accession":"0001285785-26-000058","ticker":"MOS","company_name":"MOSAIC CO","filed_at":"2026-04-08T23:59:59+00:00","headline":"Mosaic to idle Brazil mines, take $350-400M impairment charge in Q1 2026","event_type":"other_material","sec_items":["2.06","9.01"],"materiality_score":0.8,"calibrated_materiality_score":0.8,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.06","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001285785-26-000058","json":"https://secwatch.observer/filing/0001285785-26-000058.json","markdown":"https://secwatch.observer/filing/0001285785-26-000058.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1285785/000128578526000058/0001285785-26-000058-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1285785/000128578526000058/mos-20260408.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"Approximately $1.4 million of these net charge-offs were attributable to the Bank’s “Business Express” loans.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1228454/000119312526014695/0001193125-26-014695-index.htm","comparable_excerpt":"On April 8, 2026, The Mosaic Company (the \"Company\") announced that it will begin the process of idling and demobilizing its Araxá Mining and Chemical Complex and idling related mining activities at the Patrocínio Complex in Brazil. (the \"Araxá Idling\"). The Company currently anticipates recording a pre-tax book impact of $350 to $400 million in the first quarter of 2026 with $275 to $300 million for the impairment on assets held for sale and other asset writeoffs and the balance related to severance, contract termination costs, and other idling costs, subject to final accounting determinations.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1285785/000128578526000058/0001285785-26-000058-index.htm"}},{"accession":"0001628280-26-015454","ticker":"WAL","company_name":"WESTERN ALLIANCE BANCORPORATION","filed_at":"2026-03-06T23:59:59+00:00","headline":"Western Alliance records $126.4M impairment on LAM loan default; files lawsuit","event_type":"other_material","sec_items":["2.06","7.01","9.01"],"materiality_score":0.75,"calibrated_materiality_score":0.75,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.06","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-015454","json":"https://secwatch.observer/filing/0001628280-26-015454.json","markdown":"https://secwatch.observer/filing/0001628280-26-015454.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1212545/000162828026015454/0001628280-26-015454-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1212545/000162828026015454/wal-20260302.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"Approximately $1.4 million of these net charge-offs were attributable to the Bank’s “Business Express” loans.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1228454/000119312526014695/0001193125-26-014695-index.htm","comparable_excerpt":"On March 2, 2026, the Company concluded that a material charge for impairment would result from notification of this breach of contract. The outstanding balance on this loan is $126.4 million. Based on currently available information, the non-cash impairment charge associated with this facility, which will be recognized in the first quarter of 2026, will be $126.4 million.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1212545/000162828026015454/0001628280-26-015454-index.htm"}},{"accession":"0001437749-26-003384","ticker":"MOH","company_name":"MOLINA HEALTHCARE, INC.","filed_at":"2026-02-06T23:59:59+00:00","headline":"Molina Healthcare records $93M impairment, eases credit covenant through amendment","event_type":"other_material","sec_items":["1.01","2.03","2.06","9.01"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.06","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-003384","json":"https://secwatch.observer/filing/0001437749-26-003384.json","markdown":"https://secwatch.observer/filing/0001437749-26-003384.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1179929/000143774926003384/0001437749-26-003384-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1179929/000143774926003384/moh20260206_8k.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"Approximately $1.4 million of these net charge-offs were attributable to the Bank’s “Business Express” loans.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1228454/000119312526014695/0001193125-26-014695-index.htm","comparable_excerpt":"On February 5, 2026, the Company concluded that it will record in the first quarter of 2026 an estimated non-cash, pre-tax impairment charge of approximately $93 million, attributable to certain of its intangible assets.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1179929/000143774926003384/0001437749-26-003384-index.htm"}},{"accession":"0001327811-26-000004","ticker":"WDAY","company_name":"Workday, Inc.","filed_at":"2026-02-04T23:59:59+00:00","headline":"Workday to cut ~2% of workforce, take $135M charge in Q4 FY2026; GAAP margin to drop 24-25 pts","event_type":"other_material","sec_items":["2.02","2.05","2.06"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.06","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001327811-26-000004","json":"https://secwatch.observer/filing/0001327811-26-000004.json","markdown":"https://secwatch.observer/filing/0001327811-26-000004.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1327811/000132781126000004/0001327811-26-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1327811/000132781126000004/wday-20260130.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"Approximately $1.4 million of these net charge-offs were attributable to the Bank’s “Business Express” loans.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1228454/000119312526014695/0001193125-26-014695-index.htm","comparable_excerpt":"Workday estimates that it will incur approximately $135 million in charges which are expected to be recognized in the fourth quarter of fiscal 2026, consisting of approximately $40 million of future cash expenditures related to severance payments, employee benefits, and related costs and approximately $15 million in non-cash charges for stock-based compensation. The charges also consist of approximately $80 million in non-cash charges related to the impairment of certain office space and long-lived assets.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1327811/000132781126000004/0001327811-26-000004-index.htm"}},{"accession":"0000874761-26-000006","ticker":"AES","company_name":"AES CORP","filed_at":"2026-01-16T23:59:59+00:00","headline":"AES Corp. to take $250M-$325M pre-tax impairment on Maritza plant in Bulgaria","event_type":"other_material","sec_items":["2.06","9.01"],"materiality_score":0.75,"calibrated_materiality_score":0.75,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.06","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0000874761-26-000006","json":"https://secwatch.observer/filing/0000874761-26-000006.json","markdown":"https://secwatch.observer/filing/0000874761-26-000006.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/874761/000087476126000006/0000874761-26-000006-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/874761/000087476126000006/aes-20260116.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"Approximately $1.4 million of these net charge-offs were attributable to the Bank’s “Business Express” loans.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1228454/000119312526014695/0001193125-26-014695-index.htm","comparable_excerpt":"The AES Corporation’s (“AES”) Maritza power plant in Bulgaria is operating under a Power Purchase Agreement (“PPA”) that expires in May 2026. Although negotiations are underway for a new PPA and other alternatives to realize additional value are being considered, no agreements have been reached. Further, in the fourth quarter of 2025, the Company made the decision not to invest in a conversion of the plant to an alternative fuel source. The Company has determined that collectively, these events represent an impairment indicator during the fourth quarter of 2025. An analysis was performed and as a result, a reduction in the Maritza assets’ useful life was deemed appropriate, and it was determined that the carrying value was not recoverable. In connection with these developments, on January 13, 2026, the Company concluded that a pre-tax impairment charge in the range of $250 million to $325 million is required to be recognized as of December 31, 2025, in accordance with U.S. generally ac","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/874761/000087476126000006/0000874761-26-000006-index.htm"}},{"accession":"0001039399-26-000002","ticker":"FORM","company_name":"FORMFACTOR INC","filed_at":"2026-01-09T23:59:59+00:00","headline":"FormFactor announces restructuring plan to consolidate CA facilities; expects $30-$40M charges","event_type":"other_material","sec_items":["2.05","2.06"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.06","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001039399-26-000002","json":"https://secwatch.observer/filing/0001039399-26-000002.json","markdown":"https://secwatch.observer/filing/0001039399-26-000002.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1039399/000103939926000002/0001039399-26-000002-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1039399/000103939926000002/form-20260105.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"Approximately $1.4 million of these net charge-offs were attributable to the Bank’s “Business Express” loans.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1228454/000119312526014695/0001193125-26-014695-index.htm","comparable_excerpt":"On January 5, 2026, FormFactor, Inc. (“we”, “the Company” or “FormFactor”) adopted restructuring plans that are intended to better align cost structure and support gross margin improvement to the Company’s target financial model, while also aligning manufacturing capabilities with current and anticipated business needs and the Company's strategic priorities. As part of this restructuring plan, the Company is consolidating the manufacturing facilities located in Carlsbad, California and Baldwin Park, California. As a result, we have incurred, or expect to incur, personnel-related costs to sever or retain approximately 200 to 300 employees. We expect the actions defined under these plans will be largely completed by the end of December 2026, except facilities charges, which may extend beyond that time. The restructuring plans are expected to result in the Company recording restructuring charges in the aggregate amount of approximately $30 to $40 million on a GAAP basis, estimated to be c","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1039399/000103939926000002/0001039399-26-000002-index.htm"}},{"accession":"0001140361-26-000697","ticker":"HNI","company_name":"HNI CORP","filed_at":"2026-01-08T23:59:59+00:00","headline":"HNI Corp to exit Wayland NY plant, consolidate production; expects $7.5-8M annual savings","event_type":"other_material","sec_items":["2.05","2.06","9.01"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.06","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-26-000697","json":"https://secwatch.observer/filing/0001140361-26-000697.json","markdown":"https://secwatch.observer/filing/0001140361-26-000697.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/48287/000114036126000697/0001140361-26-000697-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/48287/000114036126000697/ef20062485_8k.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"Approximately $1.4 million of these net charge-offs were attributable to the Bank’s “Business Express” loans.","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1228454/000119312526014695/0001193125-26-014695-index.htm","comparable_excerpt":"HNI anticipates charges resulting from the consolidation will impact pre-tax earnings by an estimated $14.9 million in 2026 and 2027, including $5.7 million of non-cash charges.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/48287/000114036126000697/0001140361-26-000697-index.htm"}}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}