{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-094301","form_type":"8-K","ticker":"SABR","cik":"0001597033","company_name":"Sabre Corp","filed_at":"2026-03-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.587482+00:00","generated_at":"2026-05-15T19:40:18.235271+00:00","sec_items":["1.01","5.02","1.02","3.03","5.03","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Sabre appoints Constellation Software exec to board; ends poison pill","bullets":["Appoints Damian McKay (CEO Vela Software, Constellation division) to Sabre board; effective within 10 business days.","Constellation holds ~12.7% of Sabre shares; standstill caps ownership at 15% during specified period.","Sabre terminates March 1, 2026 shareholder rights plan (poison pill); expiration accelerated to close on March 6, 2026.","Constellation withdraws prior director nomination notice; parties agree to mutual non-disparagement and confidentiality.","McKay will serve on Technology Committee; receives annual cash retainer of $90,000 plus equity awards."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-094301","json":"https://secwatch.observer/filing/0001193125-26-094301.json","markdown":"https://secwatch.observer/filing/0001193125-26-094301.md","text":"https://secwatch.observer/filing/0001193125-26-094301.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1597033/000119312526094301/0001193125-26-094301-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1597033/000119312526094301/d87762d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T19:40:18.235271+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":"52b54a1213e421ae410b6445ff954c2c3d1245c3","claim":"Sabre Corp: Filed a Certificate of Designations of Series B Preferred Stock in connection with adoption of a Rights Agreement (effective 2026-03-01).","evidence_excerpt":"In connection with the adoption of the Rights Agreement, on March 1, 2026, the Company filed a Certificate of Designations of Series B Preferred Stock with the Secretary of State of the State of Delaware setting forth the rights, powers and preferences of the Series B Preferred Stock issuable upon exercise of the Rights (the “Preferred Shares”).","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312526094301/0001193125-26-094301-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2026-03-01"}],"fact_type":"governance_change"},{"claim_id":"5523feab8958aa0efad6b596c5622428f72f145d","claim":"Sabre Corp entered into Strategic Governance Agreement with Constellation Canadian Holdings Inc. and Constellation Software Inc. (effective 2026-03-05).","evidence_excerpt":"On March 5, 2026 (the \"Effective Date\"), Sabre Corporation, a Delaware corporation (the \"Company\") entered into a Strategic Governance Agreement (the \"Agreement\") with Constellation Canadian Holdings Inc., an Ontario corporation and Constellation Software Inc., an Ontario corporation","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1597033/000119312526094301/0001193125-26-094301-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Constellation Canadian Holdings Inc. and Constellation Software Inc."},{"label":"Effective","value":"2026-03-05"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}