{"schema_version":"secwatch.filing_event.v1","accession":"0001837671-25-000003","form_type":"8-K","ticker":"CPPTL","cik":"0001837671","company_name":"Copper Property CTL Pass Through Trust","filed_at":"2025-01-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.194016+00:00","generated_at":"2026-05-28T09:03:25.684728+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Copper Property CTL Trust pays $0.3229/unit; JCPenney Q3 sales fall 8% YoY","bullets":["Cash distribution of $24.2M ($0.322926/unit) payable Jan 10, 2025 to holders of record Jan 9, 2025.","JCPenney Q3 net sales $1.41B (-8% YoY); net loss improved to $17M from $30M loss last year.","Store four-wall EBITDAR/rent coverage 0.8x in Q3, 1.3x trailing 12 months, reflecting weak coverage.","Penney Intermediate had $1.4B liquidity; $250M ABL borrowing fully repaid after quarter-end.","Q3 gross profit rate edged up to 38.7% from 38.5%; credit income rose to $93M vs $70M."],"urls":{"canonical":"https://secwatch.observer/filing/0001837671-25-000003","json":"https://secwatch.observer/filing/0001837671-25-000003.json","markdown":"https://secwatch.observer/filing/0001837671-25-000003.md","text":"https://secwatch.observer/filing/0001837671-25-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1837671/000183767125000003/0001837671-25-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1837671/000183767125000003/cpt-20250107.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T09:03:25.684728+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"}