{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-344698","form_type":"8-K","ticker":"GM","cik":"0001467858","company_name":"General Motors Co","filed_at":"2026-08-11T20:15:54+00:00","discovered_at":"2026-08-11T20:18:00.516140+00:00","generated_at":"2026-08-11T20:18:36.682818+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"GM establishes $4.5B supply-chain inventory financing program via IPU agreement","bullets":["Master IPU Agreement with Procura Auto Parts LLC signed Aug 7, 2026; $4.5B max outstanding IPUs at any time.","12-month availability from Aug 7, 2026; interest at Daily Simple SOFR + 1.55%, paid monthly; 0.25% ticking fee on unutilized portion.","Purpose: secure critical inventory for retail/fleet vehicle production against supply disruptions (weather, cyberattacks, excess demand).","Final payment date Aug 6, 2029; IPUs accounted as unsecured debt, excluded from Adjusted Automotive Free Cash Flow until inventory purchased.","Funding syndicate includes JPMorgan Chase Bank, N.A. and Banco Santander, S.A."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-344698","json":"https://secwatch.observer/filing/0001193125-26-344698.json","markdown":"https://secwatch.observer/filing/0001193125-26-344698.md","text":"https://secwatch.observer/filing/0001193125-26-344698.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1467858/000119312526344698/0001193125-26-344698-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1467858/000119312526344698/d145571d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-11T20:18:36.682818+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"}