{"schema_version":"secwatch.filing_event.v1","accession":"0001760965-25-000055","form_type":"8-K","ticker":"KTB","cik":"0001760965","company_name":"Kontoor Brands, Inc.","filed_at":"2025-06-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.621839+00:00","generated_at":"2026-05-20T03:06:39.401381+00:00","sec_items":["5.02","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Kontoor completes $960M acquisition of Helly Hansen; director resigns due to conflict","bullets":["Acquired all share capital of CTC Triangle B.V. (Helly Hansen parent) for ~$960M including working capital adjustments.","Financed with excess cash and borrowings under its amended credit agreement dated April 8, 2025.","Director Andrew E. Page resigned voluntarily due to conflict; Helly Hansen competes with a brand at his current employer.","Acquisition expected to be immediately accretive to revenue, adjusted EPS, and cash flow in fiscal 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001760965-25-000055","json":"https://secwatch.observer/filing/0001760965-25-000055.json","markdown":"https://secwatch.observer/filing/0001760965-25-000055.md","text":"https://secwatch.observer/filing/0001760965-25-000055.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1760965/000176096525000055/0001760965-25-000055-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1760965/000176096525000055/ktb-20250531.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T03:06:39.401381+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":"0c87ce52b8","claim":"Andrew E. Page resigned as Director at Kontoor Brands, Inc..","evidence_excerpt":"On June 2, 2025, Andrew E. Page resigned from the Board of Directors of the Company (the “Board”) including all committees thereof, effective immediately, and the size of the Board was reduced to seven members.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1760965/000176096525000055/0001760965-25-000055-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}