secwatch.observer — SEC 8-K summary
======================================

Issuer:     FAIR ISAAC CORP (FICO)
CIK:        0000814547
Form:       8-K
Filed at:   2026-06-08T13:19:41+00:00
Accession:  0001193125-26-260817
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 8.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FICO borrows $1.5B, authorizes $2B buyback, launches $1.5B ASR
--------------------------------------------------------------

- New $2.0B stock buyback authorization replaces remaining availability under prior $1.5B program.
- Borrowed full $1.5B incremental term loan on June 5, 2026; matures May 15, 2028 with quarterly payments.
- Entered ASR with Wells Fargo Securities for $1.5B; expects initial delivery of ~1,055,100 shares.
- ASR expected to complete by September 30, 2026; $500M remains under authorization after ASR.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/814547/000119312526260817/0001193125-26-260817-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/814547/000119312526260817/d140061d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-260817

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer