{"schema_version":"secwatch.filing_event.v1","accession":"0001407200-25-000005","form_type":"8-K","ticker":null,"cik":"0001407200","company_name":"Discover Card Execution Note Trust","filed_at":"2025-01-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.539383+00:00","generated_at":"2026-05-28T01:52:46.598481+00:00","sec_items":["6.05","8.01"],"event_type":"other","sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"confidence":"high","headline":"Discover Card Trust reports $29.4B receivables, 1.76% delinquency as of Dec 31, 2024","bullets":["Total receivables $29.39B across 12.71M accounts; average balance $3,497, avg credit limit $14,176.","Total delinquent receivables $516M (1.76% of total); 30–59 days $154.5M (0.52%).","68.23% of receivables from accounts with FICO 720+; 2.47% below 600.","100% of accounts are 60+ months old; top 9 states make up >50% (Texas 8.69%, CA 7.51%).","Monthly full balance payment rate 27.18%; avg balance reduction rate 0.76% over 12 months."],"urls":{"canonical":"https://secwatch.observer/filing/0001407200-25-000005","json":"https://secwatch.observer/filing/0001407200-25-000005.json","markdown":"https://secwatch.observer/filing/0001407200-25-000005.md","text":"https://secwatch.observer/filing/0001407200-25-000005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1407200/000140720025000005/0001407200-25-000005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/894329/000140720025000005/qtrly_dcmtxdcentxasofdecem.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T01:52:46.598481+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"}