{"schema_version":"secwatch.filing_event.v1","accession":"0001287032-23-000432","form_type":"8-K","ticker":"PSEC","cik":"0001287032","company_name":"PROSPECT CAPITAL CORP","filed_at":"2023-12-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.532982+00:00","generated_at":"2026-06-07T05:46:05.923983+00:00","sec_items":["1.01","3.03","5.03","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Prospect Capital reclassifies 160M common shares into new preferred series; adopts DRIP","bullets":["Authorized 80M Series A4 and 80M Series M4 preferred shares via reclassification from common stock.","Common shares reduced from 1.552B to 1.352B; additional 8M each added to five existing preferred series.","Amended Dealer Manager Agreement to offer up to 80M preferred shares with $2B aggregate liquidation preference.","New DRIP effective Dec 29, 2023: dividends reinvested at $25.00 (Floating Rate A4/M4) or $23.75 (other series).","Company pays all DRIP fees; shares come from authorized but unissued preferred stock."],"urls":{"canonical":"https://secwatch.observer/filing/0001287032-23-000432","json":"https://secwatch.observer/filing/0001287032-23-000432.json","markdown":"https://secwatch.observer/filing/0001287032-23-000432.md","text":"https://secwatch.observer/filing/0001287032-23-000432.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1287032/000128703223000432/0001287032-23-000432-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1287032/000128703223000432/psec-20231229.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T05:46:05.923983+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":[{"claim_id":"a976510373eec65096f9368f0c4ce0c792808d7f","claim":"PROSPECT CAPITAL CORP: Filed two Articles Supplementary reclassifying shares of Common Stock into Preferred Stock series (effective 2023-12-28).","evidence_excerpt":"On December 28, 2023, the Company filed two Articles Supplementary (the “Articles Supplementary”) with the State Department of Assessments and Taxation of Maryland (“SDAT”).","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1287032/000128703223000432/0001287032-23-000432-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-12-28"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}