{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-001041","form_type":"8-K","ticker":"NSSC","cik":"0000069633","company_name":"NAPCO SECURITY TECHNOLOGIES, INC","filed_at":"2024-02-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.690490+00:00","generated_at":"2026-06-06T03:55:28.959112+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Napco Security amends credit agreement, extends term to 2029 and doubles revolver to $20M","bullets":["Term of revolving credit facility extended from June 2024 to February 9, 2029.","Revolving credit line increased from $11 million to $20 million.","LIBOR benchmark replaced with SOFR benchmark rate under the amended agreement.","Agreement with HSBC Bank USA, effective February 9, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-001041","json":"https://secwatch.observer/filing/0001558370-24-001041.json","markdown":"https://secwatch.observer/filing/0001558370-24-001041.md","text":"https://secwatch.observer/filing/0001558370-24-001041.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/69633/000155837024001041/0001558370-24-001041-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/69633/000155837024001041/nssc-20240209x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T03:55:28.959112+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":"ffdb7bbbf070e65371edd86ef97cb7c4c4d94b17","claim":"NAPCO SECURITY TECHNOLOGIES, INC amended Fourth Amended and Restated Credit Agreement with HSBC Bank USA National Association valued at $20,000,000 (effective 2024-02-09).","evidence_excerpt":"On February 9, 2024 the Registrant and its primary bank, HSBC Bank USA National Association (“HSBC”), agreed to amend and restate the existing Third Amended and Restated Credit Agreement (“Agreement”) dated June 29, 2012, as amended, between the Registrant and HSBC with the Fourth Amended and Restated Credit Agreement (“Amended Agreement”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/69633/000155837024001041/0001558370-24-001041-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"HSBC Bank USA National Association"},{"label":"Value","value":"$20,000,000"},{"label":"Effective","value":"2024-02-09"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}