{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-397249","form_type":"8-K","ticker":"JMKE","cik":"0002127043","company_name":"Jersey Mike's Subs Inc.","filed_at":"2026-09-22T12:00:15+00:00","discovered_at":"2026-09-22T12:05:19.345952+00:00","generated_at":"2026-09-22T12:05:39.834498+00:00","sec_items":["5.01","8.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Blackstone pledges 54.3% of Jersey Mike's shares in $1.09B margin loan","bullets":["Blackstone affiliates borrowed ~$1.09B under margin loan agreements dated Sept 16, 2026 with Morgan Stanley Senior Funding as admin agent.","Pledged collateral: 127,631,450 Class A shares, 44,990,370 Class B shares, and 44,990,370 HoldCo common units.","Pledged shares/units equal ~54.3% of outstanding Class A stock on a converted, as-exchanged basis.","Company is not a party to loans but agreed not to materially hinder or delay lender remedies under pledge agreements.","Loan agreements include customary default provisions allowing foreclosure on pledged collateral upon default."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-397249","json":"https://secwatch.observer/filing/0001193125-26-397249.json","markdown":"https://secwatch.observer/filing/0001193125-26-397249.md","text":"https://secwatch.observer/filing/0001193125-26-397249.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2127043/000119312526397249/0001193125-26-397249-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2127043/000119312526397249/ck0002127043-20260916.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-22T12:05:39.834498+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"}