{"schema_version":"secwatch.filing_event.v1","accession":"0001822479-23-000007","form_type":"8-K","ticker":"SHC","cik":"0001822479","company_name":"Sotera Health Co","filed_at":"2023-01-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.801762+00:00","generated_at":"2026-06-20T17:14:02.558891+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"litigation","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Sotera Health subsidiaries agree to settle 870+ EO claims for $408M","bullets":["Sterigenics to contribute $408M by May 1, 2023 to settle ~870 ethylene oxide claims in Illinois.","Settlement explicitly not an admission of liability; conditioned on opt-in consent from 99% of eligible claimants.","Company borrowed $200M from revolver in Q4 2022; considering incremental debt in H1 2023.","Settling defendants can withdraw if 40+ claimants invalid or >5 new lawsuits filed.","Charge of $408M recorded for FY2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001822479-23-000007","json":"https://secwatch.observer/filing/0001822479-23-000007.json","markdown":"https://secwatch.observer/filing/0001822479-23-000007.md","text":"https://secwatch.observer/filing/0001822479-23-000007.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1822479/000182247923000007/0001822479-23-000007-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1822479/000182247923000007/shc-20230109.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T17:14:02.558891+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":"9253bbf4c63473607d4487c02d4a9e12f99679be","claim":"Sotera Health Co entered into Term Sheets with Plaintiffs' Executive Committee (PEC) representing Eligible Claimants valued at $408 million (effective 2023-01-09).","evidence_excerpt":"On January 9, 2023, two subsidiaries of Sotera Health Company (the “Company”), Sotera Health LLC and Sterigenics U.S., LLC (“Sterigenics” and, together with Sotera Health LLC, the “Settling Defendants”), entered into binding term sheets (the “Term Sheets”) with a committee (the “Plaintiffs’ Executive Committee” or “PEC”) of 7 of the 20+ law firms (“Plaintiffs’ Counsel”) representing over 870 claimants","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1822479/000182247923000007/0001822479-23-000007-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"settlement"},{"label":"Counterparty","value":"Plaintiffs' Executive Committee (PEC) representing Eligible Claimants"},{"label":"Value","value":"$408 million"},{"label":"Effective","value":"2023-01-09"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}