1,673 material Form 8-K filings that 1,260 companies we cover made with the SEC in February 2026, each read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). All of them were written later, when past filings were added: a selection, not every 8-K of the month (see the note below).
Franklin BSP Realty Trust, Inc. (FBRT) said its board appointed Michael Comparato as chief executive officer, effective immediately, succeeding Richard J. Byrne, who resigned as CEO on February 10, 2026. Byrne will remain chairman, and Brian Buffone was appointed president to succeed Comparato, also effective immediately. The change is a leadership transition at the top of the company, which is externally managed by Benefit Street Partners L.L.C.
Michael Comparato, 48, appointed CEO effective February 10, 2026; he had been president since March 2023
Richard J. Byrne resigned as CEO on February 10, 2026 and will continue as Chairman of the Board
Brian Buffone, 48, appointed president; he has been head of real estate operations at the Advisor since January 2025
Insperity reported a fourth-quarter 2025 net loss of $33 million, or $(0.88) per diluted share, as revenue rose 3% to $1.7 billion and gross profit fell 21% to $172 million. The company also announced a realignment plan that will eliminate about 4% of non-sales positions, with estimated one-time charges of about $9 million, and issued 2026 guidance for adjusted EBITDA of $170 million to $230 million.
Q4 2025: revenue up 3% to $1.7 billion; net loss $33 million; diluted EPS $(0.88) versus $(0.22) a year earlier
Full year 2025: revenue up 4% to $6.8 billion; net loss $7 million; adjusted EBITDA $131 million
Realignment Plan: about 4% of non-sales positions eliminated, with about $9 million in one-time charges, mostly in Q1 2026
2026 guidance: adjusted EBITDA $170 million to $230 million; adjusted EPS $1.69 to $2.72
O-I Glass reported full-year 2025 net sales of $6.4 billion, down from $6.5 billion, and a net loss attributable to the company of $0.84 per share, compared with a $0.69 loss in 2024, mainly due to restructuring-related items. Adjusted earnings rose to $1.60 per share from $0.81, and the company guided to 2026 adjusted EPS of $1.65 to $1.90 and adjusted EBITDA of $1.25 billion to $1.30 billion. For shareholders, the reported loss widened while the company expects higher adjusted earnings and free cash flow in 2026.
Net sales were $6.4 billion in 2025 versus $6.5 billion in 2024; loss before income taxes was $49 million versus earnings of $38 million.
Adjusted EPS was $1.60 in 2025 versus $0.81 in 2024; free cash flow was $168 million versus a $128 million use of cash.
2026 guidance: adjusted EBITDA of $1.25 billion to $1.30 billion, adjusted EPS of $1.65 to $1.90, and free cash flow of about $200 million.
Cumulative three-year Fit To Win benefit target raised to at least $750 million; 2025 benefits were $300 million.
Northern Oil and Gas said it expects a non-cash impairment charge of $260 million to $270 million for the fourth quarter of 2025, driven by lower average oil prices year over year. The company also estimated unrealized derivative gains of $84.0 million to $88.0 million and realized hedge gains of $70.0 million to $72.0 million for the quarter. The impairment does not affect cash flows, but it is a large charge that will weigh on reported fourth-quarter results, which remain preliminary and unaudited.
Expected non-cash impairment charge in Q4 2025 of $260 million to $270 million under the full-cost ceiling test; the company says it has no cash flow impact.
Estimated Q4 2025 unrealized mark-to-market gains on derivatives of $84.0 million to $88.0 million, and realized hedge gains of $70.0 million to $72.0 million.
Record 33 ground game transactions in Q4 2025, deploying about $77.0 million; 84 transactions and $173.5 million deployed for full-year 2025.
Figures are preliminary and unaudited, subject to financial closing and audit procedures, and may differ materially.
Mattel reported fourth-quarter 2025 net sales of $1,766 million, up 7% as reported, while reported EPS fell to $0.34 from $0.42. For full year 2025, net sales were $5,348 million, down 1%, and reported EPS was $1.24 versus $1.58. The company guided 2026 adjusted EPS to $1.18-$1.30, below the 2025 actual of $1.41, and its board authorized a new $1.5 billion share repurchase program.
Q4 2025 net sales $1,766 million, up 7% as reported; reported operating income $141 million, down $17 million
FY2025 net sales $5,348 million, down 1%; reported EPS $1.24 vs. $1.58 a year earlier
2026 guidance: adjusted operating income $550-$600 million vs. $620 million in 2025; adjusted EPS $1.18-$1.30 vs. $1.41
Board authorized a $1.5 billion share repurchase, expected to be completed by 2028; Mattel repurchased $600 million of shares in 2025
Pegasystems reported fourth-quarter and full-year 2025 results, with Q4 revenue up 3% and annual contract value up 17% for the year. Q4 GAAP diluted EPS more than doubled, but non-GAAP diluted EPS fell 5%, and the GAAP figure includes a $175 million non-cash tax benefit. The company also extended its share repurchase program to June 30, 2027 and raised its authorization by $1 billion.
Q4 2025 total revenue was $504.3 million, up 3% from $490.8 million a year earlier; full-year revenue was $1.75 billion, up 17%.
Q4 2025 GAAP diluted EPS was $1.27 versus $0.63; non-GAAP diluted EPS was $0.76 versus $0.80, down 5%.
2026 guidance: revenue of $2.0 billion, GAAP diluted EPS of $1.87, non-GAAP diluted EPS of $2.75, and free cash flow of $575 million.
Share repurchase program expiration extended from June 30, 2026 to June 30, 2027, with authorized repurchases increased by $1 billion.
MasterBrand reported fourth-quarter 2025 net sales of $644.6 million, down 3.5% year over year, and a net loss of $42.0 million compared with net income of $14.0 million a year earlier. For full-year 2025, net income fell to $26.7 million from $125.9 million, while net sales rose 1.3% to $2.7 billion. The company expects first-quarter 2026 net sales to decline year over year and adjusted EBITDA of $23 million to $33 million, and it is moving to quarterly guidance because of limited visibility.
Q4 2025 net sales were $644.6 million, down 3.5%; net loss was $42.0 million versus net income of $14.0 million in Q4 2024.
Full-year 2025 net income was $26.7 million versus $125.9 million in 2024; diluted EPS was $0.21 versus $0.96.
Q1 2026 outlook: net sales down mid- to high-single-digit percentage; adjusted EBITDA $23 million to $33 million; adjusted diluted EPS $(0.06) to $0.00.
Company expects about $30 million of cost savings in 2026, with benefits starting in Q1; the pending American Woodmark merger is ongoing.
Ford reported fourth-quarter and full-year 2025 results on February 10, 2026. Fourth-quarter revenue fell 5% to $45.9 billion and the company posted a net loss of $11.1 billion, which reflected special items, while full-year revenue rose 1% to a record $187.3 billion but the full-year net loss was $8.2 billion, compared with net income of $5.9 billion in 2024. For 2026, Ford expects adjusted EBIT of $8.0 billion to $10.0 billion, compared with $6.8 billion in 2025, which gives shareholders a company-set range to track.
Q4 2025 net loss of $11.1 billion versus net income of $1.8 billion a year earlier; Q4 adjusted EBIT was $1.0 billion versus $2.1 billion
Full-year 2025 revenue of $187.3 billion; net loss of $8.2 billion; diluted EPS of $(2.06) versus $1.46 in 2024
2026 outlook: adjusted EBIT of $8.0 billion to $10.0 billion, adjusted free cash flow of $5.0 billion to $6.0 billion, capital spending of $9.5 billion to $10.5 billion
Conference call at 5:00 p.m. ET on February 10, 2026; first-quarter 2026 results to be reported after market close on April 28
Rambus Inc. said its Senior Vice President and Chief Financial Officer, Desmond Lynch, will resign effective February 27, 2026, to pursue another professional opportunity, and that the departure is not tied to any disagreement with the company. Vice President and Chief Accounting Officer John Allen will serve as interim CFO while the company searches for a permanent successor. The company also reaffirmed its previously issued guidance for the first quarter of fiscal 2026.
Desmond Lynch resigns as CFO effective February 27, 2026, to pursue another professional opportunity
John Allen, age 62, named Vice President, Interim Chief Financial Officer; he remains Chief Accounting Officer
Allen's annual base salary is $383,985 with a target bonus of $153,594; compensation is subject to review
Rambus reaffirmed its previously issued guidance for the first quarter of fiscal 2026
Agree Realty reported fourth-quarter and full-year 2025 results, with Q4 AFFO per share up 6.5% to $1.11 and Core FFO per share up 7.3% to $1.10. The company gave 2026 AFFO per share guidance of $4.54 to $4.58 and raised its 2026 investment volume guidance to $1.4 billion to $1.6 billion, which matters to shareholders because it signals higher expected property investment and the dividend is set at an annualized $3.144 per share.
Q4 2025 AFFO per share rose 6.5% to $1.11; Core FFO per share rose 7.3% to $1.10.
Full-year 2025 net income per share fell 0.7% to $1.77, while full-year AFFO per share rose 4.6% to $4.33.
2026 investment volume guidance raised to $1.4 billion to $1.6 billion from $1.25 billion to $1.50 billion issued January 5, 2026; AFFO per share guidance is $4.54 to $4.58.
Monthly dividend of $0.262 per share for December, annualized at $3.144, a 3.6% year-over-year increase.
Lyft reported fourth-quarter 2025 revenue of $1.6 billion, up 3% year over year, after a $168 million impact from legal, tax and regulatory reserve changes and settlements; without that item, revenue would have been $1.8 billion. Net income of $2.8 billion was driven largely by a $2.9 billion benefit from releasing a deferred tax valuation allowance, and the board authorized up to an additional $1 billion in share repurchases. For shareholders, operating metrics grew while the reported results were shaped by one-time items, and Lyft's Q1 2026 guidance calls for gross bookings of $4.86 billion to $5.00 billion and adjusted EBITDA of $120 million to $140 million.
Q4 2025 gross bookings of $5.1 billion, up 19% year over year; adjusted EBITDA of $154.1 million, up 37%
Q4 revenue of $1.6 billion included a $168 million reserve and settlement impact; full-year 2025 revenue was $6.3 billion, up 9%
New share repurchase program authorizes up to $1 billion of Class A common stock, in addition to the 2025 program
Q1 2026 outlook: gross bookings of approximately $4.86 billion to $5.00 billion; adjusted EBITDA of approximately $120 million to $140 million
Robinhood reported record full-year 2025 revenue of $4.5 billion, up 52%, and fourth-quarter revenue of $1.28 billion, up 27% year over year. Fourth-quarter net income fell 34% to $605 million because the year-earlier period included a $424 million benefit from a tax benefit and regulatory accrual reversal. The company also named Shiv Verma chief financial officer effective February 6, 2026, succeeding Jason Warnick, who is now a strategic advisor until September 1, 2026.
Q4 2025 total net revenues were $1.28 billion, up 27% year over year; diluted EPS was $0.66 versus $1.01 in Q4 2024
Full-year 2025 revenue was $4.5 billion, up 52%; diluted EPS was $2.05 versus $1.56 in 2024
Shiv Verma, previously SVP of Finance and Strategy and Treasurer, was appointed CFO effective February 6, 2026
Jason Warnick remains with the company as a strategic advisor until his retirement on September 1, 2026
Astera Labs agreed on February 5, 2026 to issue Amazon a warrant to buy up to 3,262,299 shares of common stock at $142.82 per share. The warrant vests only as Amazon and its affiliates make specified purchases of Astera's products, up to a total of $6.5 billion, so it ties the equity grant to customer spending. Shareholders may face dilution if the warrant is exercised, and the filing does not state a current financial result.
Warrant covers up to 3,262,299 common shares at $142.82 per share, exercisable through February 5, 2033
Vesting depends on purchases by Amazon and affiliates of smart fabric switch, signal conditioning and optical engine products, up to $6.5 billion
Warrant issued without SEC registration under Section 4(a)(2), which the company says is exempt; the warrant holder has no voting rights while unexercised
Sun Communities appointed Fernando Castro-Caratini as interim Chief Financial Officer effective February 4, 2026, after Mark E. Patten left the role the same day in what the company called a mutual decision. The company has started a search for a permanent CFO, so the post remains interim for now.
Castro-Caratini, age 42, previously served as CFO for about four years and was a senior advisor before this appointment.
Patten's departure was described as mutual and not tied to disagreements over financial policies, accounting, financial statements or disclosures.
Patten will receive separation payments of $3,000,000.
Castro-Caratini's transition agreement runs to February 28, 2027, with a salary of $45,833 per month and a 2026 bonus of up to $1,100,000 plus a $1,000,000 tenure bonus.
Valaris and Transocean entered a Business Combination Agreement on February 9, 2026, under which Transocean will acquire all Valaris shares in exchange for Transocean shares at 15.235 Transocean shares per Valaris share, effected by a Bermuda scheme of arrangement. After closing, Transocean shareholders would own about 53% of the combined company and Valaris shareholders about 47%, so Valaris holders would give up control to Transocean's existing investor base.
Exchange ratio of 15.235 Transocean shares for each Valaris share, with Transocean shares issued under the Securities Act Section 3(a)(10) exemption.
Post-closing ownership: about 53% Transocean shareholders and about 47% Valaris shareholders.
Termination fees: $195 million payable by Transocean and $173 million payable by Valaris in specified circumstances; the agreement can be terminated if closing has not occurred by February 9, 2027.
Closing requires shareholder approvals from both companies, a Bermuda court sanction order, NYSE listing approval for the new shares, and certain regulatory approvals.
Ecolab reported fourth-quarter 2025 net sales of $4.2 billion, up 5%, and adjusted diluted EPS of $2.08, up 15%, with reported diluted EPS of $1.98. It expects 2026 adjusted diluted EPS of $8.43 to $8.63, up 12% to 15% from $7.53 in 2025, while expanding its One Ecolab restructuring program, which carries pre-tax charges of about $425 million through 2027.
Q4 2025 reported net sales were $4.2 billion, up 5%; organic sales rose 3%.
Q4 2025 reported diluted EPS was $1.98, up 19%; adjusted diluted EPS was $2.08, up 15%.
2026 adjusted diluted EPS outlook is $8.43 to $8.63, up 12% to 15% from $7.53 in 2025; reported sales are expected to rise 7% to 9%.
Expanded One Ecolab initiative: restructuring costs of $334 million ($261 million after tax) and special charges of $91 million ($71 million after tax) expected by the end of 2027, mostly cash severance.
Shift4 Payments entered a Transaction Agreement dated February 7, 2026 with Jared Isaacman, Shift4 LLC and Rook Holdings to collapse its Up-C structure through a taxable exchange. The company says the deal relieves it of an estimated $440 million of future tax receivable agreement payments and removes a stockholder with majority voting power. Isaacman, who resigned as Executive Chairman after becoming NASA Administrator, received $191.8 million in value under the agreement.
Transaction Agreement dated February 7, 2026; Isaacman was sworn in as NASA Administrator on December 18, 2025 and resigned as Executive Chairman.
Company expects to be relieved of an estimated $440 million of future TRA payments and gains assignment of Rook's TRA rights.
Isaacman received $191.8 million in value: about $138.8 million in cash, 423,296 mandatory convertible preferred shares, and deemed satisfaction of an equity funding obligation.
Isaacman agreed to a five-year non-compete with the company.
Saia reported fourth quarter 2025 revenue of $790.0 million, up 0.1%, but operating income fell 36.9% to $64.0 million and diluted earnings per share dropped to $1.77 from $2.84. Management attributed about $4.7 million of the quarter's cost increase to unexpected adverse developments on accidents from prior years. For full year 2025, diluted EPS was $9.52 versus $13.51 in 2024, and net capital expenditures are expected to be $350 million to $400 million in 2026.
Q4 2025 diluted EPS was $1.77 versus $2.84 in Q4 2024; operating ratio was 91.9% versus 87.1%
Full year 2025 revenue was $3.2 billion, up 0.8%, while operating income fell 27.0% to $352.2 million
Management cited about $4.7 million in elevated self-insurance costs from accidents in prior years
2026 net capital expenditures are anticipated at approximately $350 million to $400 million, subject to market conditions
Fiserv reported fourth-quarter and full-year 2025 results, with GAAP revenue up 1% in the quarter to $5.28 billion while adjusted EPS fell 21% to $1.99. The company guided to 2026 organic revenue growth of 1% to 3% and adjusted EPS of $8.00 to $8.30, and said the results and outlook are in line with what it outlined in October.
Q4 2025 GAAP revenue rose 1% to $5.28 billion; organic revenue was flat.
Q4 2025 GAAP EPS fell 8% to $1.51; adjusted EPS fell 21% to $1.99.
Full-year 2025 GAAP EPS rose 18% to $6.34; adjusted EPS fell 2% to $8.64.
2026 outlook: organic revenue growth of 1% to 3% and adjusted EPS of $8.00 to $8.30; Investor Day set for May 14, 2026.
Target said Lisa Roath, a 48-year-old Target veteran, will become Executive Vice President and Chief Operating Officer on February 15, 2026, with an annual base salary of $775,000. Rick Gomez, Executive Vice President and Chief Commercial Officer, will step down from that role on the same date and move to an advisor role until April 17, 2026, when he is expected to leave the company with severance.
Lisa Roath appointed Executive Vice President and Chief Operating Officer, effective February 15, 2026
Roath's annual base salary is $775,000; she has been with Target since 2006
Rick Gomez steps down as Executive Vice President and Chief Commercial Officer effective February 15, 2026
Gomez stays as a non-executive advisor until April 17, 2026, and is expected to receive severance under the Income Continuation Plan
Masco reported fourth-quarter and full-year 2025 results, with net sales and adjusted earnings per share both down from 2024. The company forecast 2026 adjusted EPS of $4.10 to $4.30, above its 2025 adjusted EPS of $3.96, and announced a new $2.0 billion share repurchase program and a $0.32 quarterly dividend.
Q4 2025 net sales fell 2% to $1,793 million; adjusted EPS fell 8% to $0.82 from $0.89
Full-year 2025 net sales fell 3% to $7,562 million; adjusted EPS fell 3% to $3.96
2026 EPS guidance: $3.91-$4.11 reported and $4.10-$4.30 adjusted, with about $50 million of additional restructuring charges expected in 2026
Board authorized a new $2.0 billion share repurchase program effective February 10, 2026; quarterly dividend of $0.32 payable March 9, 2026
Quest Diagnostics reported fourth-quarter and full-year 2025 results with double-digit full-year growth in revenue and EPS, and issued 2026 guidance for net revenues of $11.70 billion to $11.82 billion. The board also raised the quarterly dividend 7.5% to $0.86 per share and added $1 billion to its share repurchase authorization, which matters to shareholders because it increases cash returned to them.
Full-year 2025 net revenues were $11.04 billion, up 11.8%, and reported diluted EPS was $8.75, up 13.8%.
Fourth-quarter revenues were $2.81 billion, up 7.1%, and adjusted diluted EPS was $2.42, up 8.5%.
2026 guidance: reported diluted EPS of $9.45 to $9.65 and adjusted diluted EPS of $10.50 to $10.70.
Quarterly dividend rises from $0.80 to $0.86 per share, payable April 20, 2026 to holders of record on April 6, 2026; repurchase authorization increased by $1 billion.
Harley-Davidson reported a fourth-quarter 2025 diluted loss of $2.44 per share, compared with a loss of $0.93 a year earlier, and full-year 2025 diluted EPS of $2.78, down from $3.44. Full-year revenue fell 14% to $4.47 billion, and the company guided to a 2026 HDMC operating result between a $40 million loss and a $10 million profit, with a new strategic plan expected in May 2026. Director James Duncan Farley, Jr. also said he will not stand for re-election at the next annual meeting, and the board expects to shrink from nine to eight members.
Q4 2025 consolidated revenue of $496 million, down 28%, and a diluted loss of $2.44 per share versus a $0.93 loss in Q4 2024
Full-year 2025 revenue of $4.47 billion, down 14%; diluted EPS of $2.78 versus $3.44 in 2024
2026 outlook: HDMC operating income of a $40 million loss to a $10 million profit; HDFS operating income of $45 to $60 million
Director James Duncan Farley, Jr. will not seek re-election at the upcoming annual meeting; board size to decrease from nine to eight
Hasbro reported fourth-quarter 2025 net revenues of $1.45 billion, up 31%, and diluted earnings of $1.41 per share, compared with a loss of $0.25 per share a year earlier. For the full year, revenue rose 14% to $4.70 billion, but the company posted a net loss of $322.4 million, or $2.30 per share, after a $1.02 billion goodwill impairment recorded in the second quarter. The company also set 2026 guidance and authorized a new $1.0 billion share repurchase program.
Q4 2025 diluted EPS was $1.41, versus a loss of $0.25 in Q4 2024; Q4 operating margin was 20.6%.
Full-year 2025 net revenues were $4.70 billion, up 14%; net loss attributable to Hasbro was $322.4 million, including a $1,021.9 million goodwill impairment.
2026 outlook: revenue up 3%-5% in constant currency, adjusted operating margin of 24%-25%, and adjusted EBITDA of $1.40 billion to $1.45 billion.
New $1.0 billion share repurchase program replaces the 2018 authorization; quarterly dividend of $0.70 per share is payable March 4, 2026, to holders of record on February 18, 2026.
CVS Health reported fourth-quarter and full-year 2025 results, with revenue rising to $105.7 billion in the quarter and $402.1 billion for the year. Adjusted EPS fell to $1.09 in the quarter but rose to $6.75 for the full year, while full-year GAAP diluted EPS fell to $1.39 after a $5.7 billion goodwill impairment. The company confirmed its 2026 EPS guidance but lowered its cash flow from operations guidance to at least $9.0 billion from at least $10.0 billion.
Q4 2025 total revenues were $105.7 billion, up 8.2%, while adjusted EPS was $1.09 versus $1.19 a year earlier, primarily due to lower adjusted operating income in Health Care Benefits.
Full-year 2025 GAAP diluted EPS was $1.39 versus $3.66, reflecting a $5.7 billion goodwill impairment; full-year adjusted EPS rose to $6.75 from $5.42.
2026 guidance: GAAP diluted EPS of $5.94 to $6.14 and adjusted EPS of $7.00 to $7.20 were confirmed; cash flow from operations guidance was updated to at least $9.0 billion from at least $10.0 billion.
The results were released February 10, 2026 as Exhibit 99.1 and signed by CFO Brian O. Newman; 2025 cash flow from operations was $10.6 billion.
Zimmer Biomet reported fourth-quarter 2025 net sales of $2.244 billion, up 10.9%, while GAAP diluted EPS fell 41.7% to $0.70; adjusted diluted EPS rose 4.8% to $2.42. For full-year 2025, net sales were $8.232 billion (up 7.2%) and GAAP diluted EPS was $3.55 (down 19.9%). The company guided 2026 reported revenue growth of 2.5% to 4.5% and adjusted diluted EPS of $8.30 to $8.45, and its board approved a repurchase authorization of up to $1.5 billion.
Q4 2025 net sales $2.244 billion, up 10.9% reported and 5.4% organic constant currency
Q4 GAAP diluted EPS $0.70 versus $1.20 a year earlier; Q4 operating profit $154.5 million versus $389.0 million
2026 guidance: reported revenue change 2.5% to 4.5%; adjusted diluted EPS $8.30 to $8.45 versus $8.20 in 2025
Board approved buyback of up to $1.5 billion starting February 9, 2026, with no expiration; $250 million repurchased in Q4 2025
WESCO International said CFO David Schulz plans to retire effective May 31, 2026, and named Indraneel Dev as Executive Vice President and Chief Financial Officer, effective on a mutually agreed date in February 2026. Schulz will shift to a special advisor role to the CEO until retirement, and the filing says his decision was not due to any disagreement with the company. The change is a planned leadership transition at the finance chief level, and the filing contains no financial results or guidance.
David Schulz, CFO since 2016, retires effective May 31, 2026, serving as Special Advisor to the CEO until then
Neel Dev, formerly CFO and Chief Revenue Officer of Congruex LLC, joins as CFO in February 2026
Dev's base salary is $800,000, with a $500,000 sign-on cash bonus and sign-on restricted stock units granted at $1,500,000 and $2,800,000
Dev's expected 2026 annual equity award has an aggregate grant date fair value of $2,700,000
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Briefs marked “Written later” were written in November 2026 for filings that were by then more than three weeks old, so months before mid-October 2026 hold a selection: every material 8-K of the past year for the 100 largest companies we cover and the last 15 important 8-Ks of every other one. Briefs the number check holds back are not shown or counted. Also: the last 45 days, briefs by company, A–Z and the live SEC filings wire.