{"schema_version":"secwatch.filing_event.v1","accession":"0001454938-25-000142","form_type":"8-K","ticker":"TEAD","cik":"0001454938","company_name":"Teads Holding Co.","filed_at":"2025-12-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.445987+00:00","generated_at":"2026-05-16T13:57:29.115327+00:00","sec_items":["2.05"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Teads announces restructuring plan affecting 10% of workforce, targeting $35-40M in annual savings","bullets":["Restructuring plan impacts ~10% of global employees; expected charges of $8-12M, mostly cash for severance.","Annualized savings of $35-40M when fully implemented; focus on reducing costs and improving margins.","Majority of charges expected in Q4 2025 and Q1 2026; actions substantially complete by Q1 2026.","Decisions subject to local law and consultation requirements in certain countries."],"urls":{"canonical":"https://secwatch.observer/filing/0001454938-25-000142","json":"https://secwatch.observer/filing/0001454938-25-000142.json","markdown":"https://secwatch.observer/filing/0001454938-25-000142.md","text":"https://secwatch.observer/filing/0001454938-25-000142.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1454938/000145493825000142/0001454938-25-000142-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1454938/000145493825000142/outbrain-20251203.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T13:57:29.115327+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":"fd7a0860b138d56133f2c75ce38b028f12d12301","claim":"Teads Holding Co. announced a restructuring with charges of approximately $8 million to $12 million affecting global (approximately 10% of the Company’s employees globally).","evidence_excerpt":"is expected to result in annualized savings of approximately $35 million to $40 million when fully implemented. The Company currently estimates that it will incur approximately $8 million to $12 million in charges in connection with the Restructuring Plan, substantially all of which are expected to be future cash expenditures. These charges consist primarily of","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1454938/000145493825000142/0001454938-25-000142-index.htm","confidence":0.98}],"comparable_filings":[{"accession":"0001213900-26-052921","ticker":"AIRE","company_name":"reAlpha Tech Corp.","filed_at":"2026-05-06T23:59:59+00:00","headline":"reAlpha cuts workforce 25%, targets $2M annual savings in restructuring","event_type":"other_material","sec_items":["2.05","7.01","9.01"],"materiality_score":0.6,"calibrated_materiality_score":0.6,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.05","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-052921","json":"https://secwatch.observer/filing/0001213900-26-052921.json","markdown":"https://secwatch.observer/filing/0001213900-26-052921.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1859199/000121390026052921/0001213900-26-052921-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1859199/000121390026052921/ea0289539-8k_realpha.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"is expected to result in annualized savings of approximately $35 million to $40 million when fully implemented. The Company currently estimates that it will incur approximately $8 million to $12 million in charges in connection with the Restructuring Plan, substantially all of which are expected to be future cash expenditures. These charges consist primarily of","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1454938/000145493825000142/0001454938-25-000142-index.htm","comparable_excerpt":"Plan as well as savings related\nto certain restricted stock units lapsing over the next twelve months. The Company estimates that\nit will incur pre-tax charges in the range of $0.14 million to $0.20 million in connection with the Plan, consisting of approximately\n$0.10 to $0.15 in future cash-based expenditures associated with severance and benefit payments and","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1859199/000121390026052921/0001213900-26-052921-index.htm"}},{"accession":"0001628280-26-030100","ticker":"INGR","company_name":"Ingredion Inc","filed_at":"2026-05-05T23:59:59+00:00","headline":"Ingredion to close Cabo, Brazil plant; expects $43M in pre-tax charges","event_type":"other_material","sec_items":["2.05","2.06"],"materiality_score":0.55,"calibrated_materiality_score":0.55,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.05","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-030100","json":"https://secwatch.observer/filing/0001628280-26-030100.json","markdown":"https://secwatch.observer/filing/0001628280-26-030100.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1046257/000162828026030100/0001628280-26-030100-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1046257/000162828026030100/ingr-20260501.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"is expected to result in annualized savings of approximately $35 million to $40 million when fully implemented. The Company currently estimates that it will incur approximately $8 million to $12 million in charges in connection with the Restructuring Plan, substantially all of which are expected to be future cash expenditures. These charges consist primarily of","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1454938/000145493825000142/0001454938-25-000142-index.htm","comparable_excerpt":"underlying real property but has not entered into a contract of sale as of the date of this report. The Company expects to incur pre-tax non-recurring charges of approximately $43 million under the plan, of which approximately $36 million is expected to consist of impairment charges relating to fixed asset and inventory write-downs and approximately $7 million is","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1046257/000162828026030100/0001628280-26-030100-index.htm"}},{"accession":"0001679788-26-000049","ticker":"COIN","company_name":"Coinbase Global, Inc.","filed_at":"2026-05-05T23:59:59+00:00","headline":"Coinbase to cut 700 jobs (14% of workforce) in restructuring for AI era","event_type":"other_material","sec_items":["2.05"],"materiality_score":0.7,"calibrated_materiality_score":0.7,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.05","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001679788-26-000049","json":"https://secwatch.observer/filing/0001679788-26-000049.json","markdown":"https://secwatch.observer/filing/0001679788-26-000049.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1679788/000167978826000049/0001679788-26-000049-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1679788/000167978826000049/coin-20260505.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"is expected to result in annualized savings of approximately $35 million to $40 million when fully implemented. The Company currently estimates that it will incur approximately $8 million to $12 million in charges in connection with the Restructuring Plan, substantially all of which are expected to be future cash expenditures. These charges consist primarily of","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1454938/000145493825000142/0001454938-25-000142-index.htm","comparable_excerpt":"The Plan involves a reduction of the Company’s workforce by approximately 700 employees, representing approximately 14% of the Company’s global workforce as of May 1, 2026. The Company expects execution of the Plan to be substantially complete in the second quarter of 2026. In connection with these actions, the Company estimates that it will incur approximately $50 million to $60 million in total restructuring expenses","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1679788/000167978826000049/0001679788-26-000049-index.htm"}},{"accession":"0001193125-26-192362","ticker":"AUTL","company_name":"Autolus Therapeutics plc","filed_at":"2026-04-29T23:59:59+00:00","headline":"Autolus cuts workforce 13%; expects $8M restructuring charge, $15M annualized savings","event_type":"other_material","sec_items":["2.05","7.01","9.01"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.05","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-192362","json":"https://secwatch.observer/filing/0001193125-26-192362.json","markdown":"https://secwatch.observer/filing/0001193125-26-192362.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1730463/000119312526192362/0001193125-26-192362-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1730463/000119312526192362/d113906d8k.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"is expected to result in annualized savings of approximately $35 million to $40 million when fully implemented. The Company currently estimates that it will incur approximately $8 million to $12 million in charges in connection with the Restructuring Plan, substantially all of which are expected to be future cash expenditures. These charges consist primarily of","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1454938/000145493825000142/0001454938-25-000142-index.htm","comparable_excerpt":"Item 2.05 Costs Associated with Exit or Disposal Activities. On April 29, 2026, Autolus Therapeutics plc (the “Company”) announced its Board of Directors approved a plan to improve operational efficiency and reduce operating expenses. This plan will implement a reduction in force whereby the Company will eliminate approximately 13% of the Company’s workforce, inclusive of employee-related actions that began in the second half of 2025. The Company anticipates that it will complete the implementation of the plan by the third quarter of 2026. Affected employees will be offered separation benefits, including severance payments and, where applicable, temporary healthcare coverage assistance. The Company estimates that it will incur total expenses relating to the realignment of approximately $8 million, consisting of severance and termination-related costs. The Company expects to record a significant portion of these charges in the first half of 2026.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1730463/000119312526192362/0001193125-26-192362-index.htm"}},{"accession":"0001104659-26-049837","ticker":"IAC","company_name":"IAC Inc.","filed_at":"2026-04-28T23:59:59+00:00","headline":"IAC announces name change to 'People Incorporated', restructuring with $40M cost savings, and C-suite changes","event_type":"other_material","sec_items":["2.02","7.01","2.05","5.02","9.01"],"materiality_score":0.75,"calibrated_materiality_score":0.75,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.05","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-049837","json":"https://secwatch.observer/filing/0001104659-26-049837.json","markdown":"https://secwatch.observer/filing/0001104659-26-049837.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1800227/000110465926049837/0001104659-26-049837-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1800227/000110465926049837/tm2612831d1_8k.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"is expected to result in annualized savings of approximately $35 million to $40 million when fully implemented. The Company currently estimates that it will incur approximately $8 million to $12 million in charges in connection with the Restructuring Plan, substantially all of which are expected to be future cash expenditures. These charges consist primarily of","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1454938/000145493825000142/0001454938-25-000142-index.htm","comparable_excerpt":"Ahead of its name change to \"People Incorporated\" which is expected to occur with the release of Q2 2026 earnings in August, the Company has initiated a plan to consolidate its corporate functions with those of its People Inc. business (\" People \"), through a reduction in workforce, technology integrations, and other cost-saving measures over the coming quarters (the \" Plan \"). The Plan is expected to generate annual run-rate cost savings of approximately $40 million. The Plan is expected to be completed by Q1 of 2027. The Company expects to incur approximately $14 million in severance and related expenses, $48 million in non-cash stock-based compensation expense and $0.5 million to $1 million in other costs related to the Plan.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1800227/000110465926049837/0001104659-26-049837-index.htm"}},{"accession":"0001104659-26-050407","ticker":"VERX","company_name":"Vertex, Inc.","filed_at":"2026-04-28T23:59:59+00:00","headline":"Vertex announces global restructuring; to cut ~170 jobs, ~9% of workforce","event_type":"other_material","sec_items":["2.05"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.05","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-050407","json":"https://secwatch.observer/filing/0001104659-26-050407.json","markdown":"https://secwatch.observer/filing/0001104659-26-050407.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1806837/000110465926050407/0001104659-26-050407-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1806837/000110465926050407/tm2612960d1_8k.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"is expected to result in annualized savings of approximately $35 million to $40 million when fully implemented. The Company currently estimates that it will incur approximately $8 million to $12 million in charges in connection with the Restructuring Plan, substantially all of which are expected to be future cash expenditures. These charges consist primarily of","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1454938/000145493825000142/0001454938-25-000142-index.htm","comparable_excerpt":"On April 28, 2026, the Vertex, Inc. (the “Company”) announced its Board of Directors (the “Board”) approved a global Value Creation Plan (the “Plan”) intended to become a more AI-enabled company, focus investments on key growth opportunities and drive operational efficiency to better align the Company’s workforce and resources with its long-term strategic priorities. The Plan includes a reduction in force of approximately 170 employees, representing approximately 9% of the Company’s global workforce as of April 27, 2026. In connection with the Plan, the Company estimates that it will incur aggregate pre-tax charges of approximately $6 million to $8 million, consisting primarily of cash expenditures related to employee severance, notice pay, statutory termination indemnities, and other employee separation benefits.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1806837/000110465926050407/0001104659-26-050407-index.htm"}},{"accession":"0001193125-26-154873","ticker":null,"company_name":"AIR LEASE CORP","filed_at":"2026-04-14T23:59:59+00:00","headline":"Sumisho Air Lease cuts 64 employees (40% workforce reduction) after merger completion","event_type":"other_material","sec_items":["2.05"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.05","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-154873","json":"https://secwatch.observer/filing/0001193125-26-154873.json","markdown":"https://secwatch.observer/filing/0001193125-26-154873.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1487712/000119312526154873/0001193125-26-154873-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1487712/000119312526154873/d119227d8k.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"is expected to result in annualized savings of approximately $35 million to $40 million when fully implemented. The Company currently estimates that it will incur approximately $8 million to $12 million in charges in connection with the Restructuring Plan, substantially all of which are expected to be future cash expenditures. These charges consist primarily of","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1454938/000145493825000142/0001454938-25-000142-index.htm","comparable_excerpt":"the Company approved a plan to reduce its workforce, currently affecting 64 employees, a 40% reduction in workforce as compared to December 31, 2025.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1487712/000119312526154873/0001193125-26-154873-index.htm"}},{"accession":"0001193125-26-149752","ticker":"CARS","company_name":"Cars.com Inc.","filed_at":"2026-04-09T23:59:59+00:00","headline":"Cars.com cuts 11% of workforce, expects $8.5-9M charges; reaffirms FY guidance","event_type":"other_material","sec_items":["2.02","2.05","9.01"],"materiality_score":0.65,"calibrated_materiality_score":0.65,"match_reasons":["same fact type: restructuring_charge","same SEC item: 2.05","same event type: other_material","similar materiality"],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-149752","json":"https://secwatch.observer/filing/0001193125-26-149752.json","markdown":"https://secwatch.observer/filing/0001193125-26-149752.md","edgar_index":"https://www.sec.gov/Archives/edgar/data/1683606/000119312526149752/0001193125-26-149752-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1683606/000119312526149752/cars-20260406.htm"},"side_by_side_evidence":{"fact_type":"restructuring_charge","source_excerpt":"is expected to result in annualized savings of approximately $35 million to $40 million when fully implemented. The Company currently estimates that it will incur approximately $8 million to $12 million in charges in connection with the Restructuring Plan, substantially all of which are expected to be future cash expenditures. These charges consist primarily of","source_evidence_url":"https://www.sec.gov/Archives/edgar/data/1454938/000145493825000142/0001454938-25-000142-index.htm","comparable_excerpt":"On April 9, 2026, the Company also announced a cost reduction program that includes a reduction in the Company’s workforce of approximately 11% of its full-time roles, including certain management roles and two executive roles. In connection with this workforce reduction, the Company expects to incur aggregate charges of approximately $8.5-$9 million, consisting primarily of employee-related costs, including severance, benefits, and other related expenses.","comparable_evidence_url":"https://www.sec.gov/Archives/edgar/data/1683606/000119312526149752/0001193125-26-149752-index.htm"}}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}