{"schema_version":"secwatch.filing_event.v1","accession":"0001837671-24-000049","form_type":"8-K","ticker":"CPPTL","cik":"0001837671","company_name":"Copper Property CTL Pass Through Trust","filed_at":"2024-10-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:09.946830+00:00","generated_at":"2026-05-30T19:29:26.347681+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"dividend","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Copper Property Trust distributes $19.6M ($0.260844/unit); JCPenney Q2 net loss $33M","bullets":["Distribution of $0.260844 per trust certificate payable Oct 10, 2024 to holders of record Oct 9, 2024.","JCPenney Q2 (Aug 3, 2024) total revenues $1,526M vs $1,681M YoY; net loss $33M vs profit $36M.","JCPenney six-month net loss $96M vs profit $19M; adjusted EBITDA $29M vs $108M prior year.","Retail portfolio: 126 properties, 16.8M sq ft; tenant EBITDAR/Rent 1.3x (Q2) and 1.4x (TTM).","JCPenney liquidity ~$1.7B, no borrowings on $1.75B revolver; inventory down 2% YoY."],"urls":{"canonical":"https://secwatch.observer/filing/0001837671-24-000049","json":"https://secwatch.observer/filing/0001837671-24-000049.json","markdown":"https://secwatch.observer/filing/0001837671-24-000049.md","text":"https://secwatch.observer/filing/0001837671-24-000049.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1837671/000183767124000049/0001837671-24-000049-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1837671/000183767124000049/cpt-20241007.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T19:29:26.347681+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"}