{"schema_version":"secwatch.filing_event.v1","accession":"0001837671-26-000049","form_type":"8-K","ticker":"CPPTL","cik":"0001837671","company_name":"Copper Property CTL Pass Through Trust","filed_at":"2026-07-06T21:26:31+00:00","discovered_at":"2026-07-06T21:28:00.242043+00:00","generated_at":"2026-07-06T21:28:14.811145+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"JCPenney FY2025: Adjusted EBITDA $168M, debt-free, margin down 150 bps","bullets":["Adjusted EBITDA of $168M vs $172M prior year; net cash from operations $180M, up $72M.","No long-term debt outstanding after capital contribution extinguished ABL FILO and Term Loan.","Gross margin declined ~150 bps due to tariffs, category mix, and increased promotions.","SG&A decreased $226M including one-time Visa litigation settlement; restructuring costs $107M.","Launched Nike in 175 stores; 'Really Big Deals' outperformed plan by 8% in Q4."],"urls":{"canonical":"https://secwatch.observer/filing/0001837671-26-000049","json":"https://secwatch.observer/filing/0001837671-26-000049.json","markdown":"https://secwatch.observer/filing/0001837671-26-000049.md","text":"https://secwatch.observer/filing/0001837671-26-000049.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1837671/000183767126000049/0001837671-26-000049-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1837671/000183767126000049/cpt-20260706.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-06T21:28:14.811145+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"}