secwatch.observer — SEC 8-K summary
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Issuer:     Verisk Analytics, Inc. (VRSK)
CIK:        0001442145
Form:       8-K
Filed at:   2026-02-23T23:59:59+00:00
Accession:  0001193125-26-062488
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Verisk launches $1.5B ASR, funds with $500M term loan and revolver
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- Entered $1.5B accelerated share repurchase with HSBC and Wells Fargo; initial delivery ~7M shares.
- Funded via $500M 364-day term loan, $750M revolver draw, and $250M cash.
- Final ASR settlement expected no later than Q3 2026; ~$1.0B remains under buyback program.
- Term loan bears SOFR + 95 bps; covenants include interest coverage ≥3.0x and leverage ≤3.75x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1442145/000119312526062488/0001193125-26-062488-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1442145/000119312526062488/d56543d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-062488

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