{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-378466","form_type":"8-K","ticker":"MRP","cik":"0002017206","company_name":"Millrose Properties, Inc.","filed_at":"2026-09-01T20:22:38+00:00","discovered_at":"2026-09-01T20:23:01.950846+00:00","generated_at":"2026-09-01T20:23:11.337158+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Millrose amends Founder's Rights and Management Agreements to allow BTR investments and adjust capital priority","bullets":["FRA Amendment adjusts Priority Amount for Capital Priority Right and Lennar's secured financing collateral consent right.","Adds BTR Properties (completed single-family homes for rental); Excluded Capital now includes first $2B of debt/equity and all BTR capital.","MA Amendment expands investment guidelines to include single-family rental properties and adds property-level SFR operating expenses to Reimbursable Expenses.","New Manager Investment Allocation Policy (Exhibit C) sets rotation allocation between Millrose and Kennedy Lewis Priority Accounts; KL follow-on opportunities go 100% to Kennedy Lewis."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-378466","json":"https://secwatch.observer/filing/0001193125-26-378466.json","markdown":"https://secwatch.observer/filing/0001193125-26-378466.md","text":"https://secwatch.observer/filing/0001193125-26-378466.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2017206/000119312526378466/0001193125-26-378466-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2017206/000119312526378466/d83131d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-01T20:23:11.337158+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"}