{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-239351","form_type":"8-K","ticker":"VRRM","cik":"0001682745","company_name":"VERRA MOBILITY Corp","filed_at":"2026-05-26T20:17:01+00:00","discovered_at":"2026-05-26T20:19:00.435637+00:00","generated_at":"2026-05-26T20:28:42.975189+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"confidence":"high","headline":"Verra Mobility loses Avis Budget contract; cuts FY 2026 revenue guidance to ~$985M-$995M","bullets":["Termination notice from Avis Budget effective September 2026; customer represented >10% of total revenue.","Revised FY2026 guidance: Revenue $985M-$995M, Adj EBITDA $380M-$385M, Adj EPS $1.19-$1.25.","Expects annualized Commercial Services revenue reduction ~$135M-$145M; segment profit reduction ~$120M-$125M before cost cuts.","Company is reviewing contractual rights, intellectual property, and confidential information.","Taking immediate cost-reduction actions to adapt operations and position for growth."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-239351","json":"https://secwatch.observer/filing/0001193125-26-239351.json","markdown":"https://secwatch.observer/filing/0001193125-26-239351.md","text":"https://secwatch.observer/filing/0001193125-26-239351.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1682745/000119312526239351/0001193125-26-239351-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1682745/000119312526239351/d123116d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T20:28:42.975189+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}