{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-040636","form_type":"8-K","ticker":"SAR","cik":"0001377936","company_name":"SARATOGA INVESTMENT CORP.","filed_at":"2025-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.105298+00:00","generated_at":"2026-05-22T07:23:44.014710+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Saratoga Investment FY2025 NAV per share $25.86, adjusted NII $3.81, dividend raised to $0.75/Q","bullets":["FY2025 adjusted NII per share $3.81 vs $4.10 YoY; total NAV up $22.5M to $392.7M.","NAV per share $25.86 (down 4.6% YoY from $27.12) due to share dilution; EPS $2.02 up from $0.71.","Base dividend transitioned to monthly $0.25/share ($0.75/Q) vs $0.74/Q prior; FY2025 total $3.31 incl $0.35 special.","Non-accruals only 0.3% of fair value; core non-CLO portfolio 1.6% above cost; 88.7% first lien.","Subsequent to quarter-end, $45.5M originations in 2 new companies and 6 follow-ons; net investment increase $21M."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-040636","json":"https://secwatch.observer/filing/0001213900-25-040636.json","markdown":"https://secwatch.observer/filing/0001213900-25-040636.md","text":"https://secwatch.observer/filing/0001213900-25-040636.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1377936/000121390025040636/0001213900-25-040636-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1377936/000121390025040636/ea0241212-8k_saratoga.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T07:23:44.014710+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"}