{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-002511","form_type":"8-K","ticker":"PLOW","cik":"0001287213","company_name":"DOUGLAS DYNAMICS, INC","filed_at":"2024-01-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.687391+00:00","generated_at":"2026-06-06T14:43:23.807184+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Douglas Dynamics amends credit agreement to temporarily raise leverage ratio covenant","bullets":["Leverage ratio raised from 3.50x to 4.25x for Q4 2023; 4.00x for Q1/Q2 2024; returns to 3.50x from Q3 2024.","Amendment No. 3 modifies Section 7.18(a) of the Credit Agreement dated June 9, 2021.","Amendment approved by required lenders and administrative agent JPMorgan Chase Bank, N.A.","Borrowers paid consent fee of 0.05% of each lender's commitments and term loans.","No default or event of default existed at effectiveness; loan parties reaffirmed obligations."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-002511","json":"https://secwatch.observer/filing/0001437749-24-002511.json","markdown":"https://secwatch.observer/filing/0001437749-24-002511.md","text":"https://secwatch.observer/filing/0001437749-24-002511.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1287213/000143774924002511/0001437749-24-002511-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1287213/000143774924002511/plow20240126c_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T14:43:23.807184+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":"51d608a446865071b0f35a8ad4a1de1ca03c4f17","claim":"DOUGLAS DYNAMICS, INC amended Amendment No. 3 to Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent, and the lenders listed therein (effective 2024-01-29).","evidence_excerpt":"On January 29, 2024, the Company entered into that certain Amendment No. 3 to Credit Agreement (\"Amendment No. 3\") by and among the Company, the Borrowers, the financial institutions listed in Amendment No. 3 as lenders, and JPMorgan Chase Bank, N.A., as administrative agent, which amended the Credit Agreement by modifying the minimum required Leverage Ratio","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1287213/000143774924002511/0001437749-24-002511-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A., as administrative agent, and the lenders listed therein"},{"label":"Effective","value":"2024-01-29"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}