---
schema_version: "secwatch.filing_event.v1"
accession: "0001837671-25-000031"
form_type: "8-K"
ticker: "CPPTL"
cik: "0001837671"
company_name: "Copper Property CTL Pass Through Trust"
filed_at: "2025-07-07T23:59:59+00:00"
generated_at: "2026-05-18T09:19:48.467865+00:00"
event_type: "dividend"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Copper Property Trust declares $0.09185/unit distribution; JCPenney Q1 net loss $69M

## Summary
- Cash distribution of $0.091851 per trust certificate payable July 10, 2025 to holders of record July 9, 2025.
- Penney Intermediate Q1 revenue $1.371B (-4% YoY); net loss $69M vs $63M prior year.
- Adjusted EBITDA $2M after $11M restructuring charges; comparable store sales down 3.3%.
- Trailing 12-month EBITDAR/rent coverage ratio of 1.2x; total rent $129.5M.
- JCPenney used $129M cash in operations; period-end cash $140M; $18M capex.

## SEC filing metadata
- accession: 0001837671-25-000031
- form_type: 8-K
- ticker: CPPTL
- cik: 0001837671
- company_name: Copper Property CTL Pass Through Trust
- filed_at: 2025-07-07T23:59:59+00:00
- event_type: dividend
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1837671/000183767125000031/0001837671-25-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1837671/000183767125000031/cpt-20250707.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001837671-25-000031
- JSON: https://secwatch.observer/filing/0001837671-25-000031.json
- Plain text: https://secwatch.observer/filing/0001837671-25-000031.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.