{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-008579","form_type":"8-K","ticker":"OEC","cik":"0001609804","company_name":"Orion S.A.","filed_at":"2026-02-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.636268+00:00","generated_at":"2026-05-16T02:26:19.335795+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Orion S.A. reports Q4 2025 net loss $21M, full-year net loss $70M on headwinds","bullets":["Full-year 2025 net sales $1.8B down 4% YoY; net loss $70M includes $81M goodwill impairment.","Q4 2025 net sales $412M (-5% YoY); volume down 4%, price down 6%.","Adjusted EBITDA $248M for 2025, Q4 adjusted EBITDA $55M vs $62M prior year.","Rubber Carbon Black Q4 volume 166.7 kmt vs 168.2 kmt; segment EBITDA $28.7M vs $36.7M.","Actions include capex reduction, cost structure adjustments, and amended credit agreement for leverage headroom."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-008579","json":"https://secwatch.observer/filing/0001628280-26-008579.json","markdown":"https://secwatch.observer/filing/0001628280-26-008579.md","text":"https://secwatch.observer/filing/0001628280-26-008579.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1609804/000162828026008579/0001628280-26-008579-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1609804/000162828026008579/oec-20260217.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T02:26:19.335795+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"}