{"filing":{"accession_number":"0001193125-26-336692","cik":"0001579733","ticker":"VITL","company_name":"Vital Farms, Inc.","form":"8-K","filing_date":"2026-08-06","report_date":"2026-08-03","primary_document":"vitl-20260803.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1579733/000119312526336692/vitl-20260803.htm"},"events":[{"id":25540,"run_id":23182,"accession_number":"0001193125-26-336692","anchor_item_number":"1.01","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"Vital Farms entered into two new senior secured credit facilities on August 4, 2026: a $125 million 3-year term loan facility and a $60 million 3-year asset-based revolving credit facility, replacing the prior $60 million revolving facility. The company borrowed the full $125 million term loan on the closing date, creating material new direct financial obligations totaling $185 million in aggregate credit capacity.","company_name":"Vital Farms, Inc.","ticker":"VITL","filing_date":"2026-08-06","form":"8-K","submitted_at":null,"items":[{"id":26398,"accession_number":"0001193125-26-336692","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"Vital Farms entered into two new credit facilities on August 4, 2026: a $125 million senior secured term loan facility and a $60 million senior secured asset-based revolving credit facility, replacing the prior $60 million revolving facility. These represent material new direct financial obligations that significantly strengthen the company's liquidity profile and provide financial flexibility. The filing explicitly states these facilities \"significantly strengthen Vital Farms' liquidity profile\" and the company borrowed the full $125 million term loan on the closing date, making this a clear debt issuance event.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-08T02:53:19.960208+00:00","company_name":"","ticker":null,"filing_date":""},{"id":26401,"accession_number":"0001193125-26-336692","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Item 2.03 incorporates Item 1.01 by reference, and the earnings release announces the closing of a new $125 million 3-year term loan facility and a new $60 million 3-year asset-based lending facility, replacing the company's previous revolving credit facility. This represents the creation of new direct financial obligations totaling $185 million in aggregate credit facilities, which is a material debt issuance event.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-08T02:53:19.960208+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":25541,"run_id":23182,"accession_number":"0001193125-26-336692","anchor_item_number":"2.02","event_type":"earnings_release","event_domain":"financial","is_material":true,"confidence":0.98,"summary":"Vital Farms disclosed Q2 2026 financial results showing significant deterioration: net revenue of $166.0 million (down 10.1% year-over-year), gross margin collapsed from 38.9% to 6.6%, net loss of $31.1 million versus prior-year net income of $16.6 million, and adjusted EBITDA loss of $26.6 million, driven by industry-wide oversupply and pricing pressure. The company also revised full-year guidance and cancelled its stock repurchase program effective upon closing of the new credit facilities.","company_name":"Vital Farms, Inc.","ticker":"VITL","filing_date":"2026-08-06","form":"8-K","submitted_at":null,"items":[{"id":26399,"accession_number":"0001193125-26-336692","item_number":"1.02","item_title":"Termination of a Material Definitive Agreement.","event_type":"earnings_release","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"The Item 1.02 references Item 1.01 (which is not shown), but the supplemental exhibit EX-99.1 is a comprehensive earnings release for Q2 2026 disclosing net revenue of $166.0 million, a net loss of $31.1 million (versus prior-year net income of $16.6 million), and revised full-year guidance. While Item 1.02 nominally addresses termination of a material agreement, the substantive disclosure here is the earnings announcement with material financial deterioration and strategic updates including new credit facilities and termination of the stock repurchase program.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-08T02:53:19.960208+00:00","company_name":"","ticker":null,"filing_date":""},{"id":26400,"accession_number":"0001193125-26-336692","item_number":"2.02","item_title":"Results of Operations and Financial Condition","event_type":"earnings_release","event_domain":"financial","is_material":true,"confidence":0.98,"reasoning":"This is a clear earnings release disclosing Vital Farms' financial results for the second quarter ended June 28, 2026. The press release, furnished as Exhibit 99.1, reports quarterly net revenue of $166.0 million, a net loss of $31.1 million (versus prior-year net income of $16.6 million), and adjusted EBITDA loss of $26.6 million. The filing is made under Item 2.02 (Results of Operations and Financial Condition), the standard Item for earnings disclosures. Material to investors as it shows significant deterioration in profitability driven by industry-wide oversupply and pricing pressure.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-08T02:53:19.960208+00:00","company_name":"","ticker":null,"filing_date":""},{"id":26402,"accession_number":"0001193125-26-336692","item_number":"8.01","item_title":"Other Events.","event_type":"earnings_release","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"The primary disclosure in Item 8.01 is the cancellation of the stock repurchase program effective upon closing of new Credit Facilities. However, the supplemental exhibit (EX-99.1) contains Vital Farms' Q2 2026 earnings release showing significant financial deterioration: net revenue down 10.1% to $166.0M, gross margin collapsed from 38.9% to 6.6%, and a net loss of $31.1M versus prior-year net income of $16.6M. The earnings release is the material disclosure driving the 8-K filing, with the repurchase cancellation being a secondary consequence of the new financing. The earnings results would materially affect a reasonable investor's assessment of the company's financial condition and prospects.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-08T02:53:19.960208+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":26398,"accession_number":"0001193125-26-336692","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"Vital Farms entered into two new credit facilities on August 4, 2026: a $125 million senior secured term loan facility and a $60 million senior secured asset-based revolving credit facility, replacing the prior $60 million revolving facility. These represent material new direct financial obligations that significantly strengthen the company's liquidity profile and provide financial flexibility. The filing explicitly states these facilities \"significantly strengthen Vital Farms' liquidity profile\" and the company borrowed the full $125 million term loan on the closing date, making this a clear debt issuance event.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-08T02:53:19.960208+00:00","company_name":"Vital Farms, Inc.","ticker":"VITL","filing_date":"2026-08-06"},{"id":26399,"accession_number":"0001193125-26-336692","item_number":"1.02","item_title":"Termination of a Material Definitive Agreement.","event_type":"earnings_release","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"The Item 1.02 references Item 1.01 (which is not shown), but the supplemental exhibit EX-99.1 is a comprehensive earnings release for Q2 2026 disclosing net revenue of $166.0 million, a net loss of $31.1 million (versus prior-year net income of $16.6 million), and revised full-year guidance. While Item 1.02 nominally addresses termination of a material agreement, the substantive disclosure here is the earnings announcement with material financial deterioration and strategic updates including new credit facilities and termination of the stock repurchase program.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-08T02:53:19.960208+00:00","company_name":"Vital Farms, Inc.","ticker":"VITL","filing_date":"2026-08-06"},{"id":26400,"accession_number":"0001193125-26-336692","item_number":"2.02","item_title":"Results of Operations and Financial Condition","event_type":"earnings_release","event_domain":"financial","is_material":true,"confidence":0.98,"reasoning":"This is a clear earnings release disclosing Vital Farms' financial results for the second quarter ended June 28, 2026. The press release, furnished as Exhibit 99.1, reports quarterly net revenue of $166.0 million, a net loss of $31.1 million (versus prior-year net income of $16.6 million), and adjusted EBITDA loss of $26.6 million. The filing is made under Item 2.02 (Results of Operations and Financial Condition), the standard Item for earnings disclosures. Material to investors as it shows significant deterioration in profitability driven by industry-wide oversupply and pricing pressure.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-08T02:53:19.960208+00:00","company_name":"Vital Farms, Inc.","ticker":"VITL","filing_date":"2026-08-06"},{"id":26401,"accession_number":"0001193125-26-336692","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Item 2.03 incorporates Item 1.01 by reference, and the earnings release announces the closing of a new $125 million 3-year term loan facility and a new $60 million 3-year asset-based lending facility, replacing the company's previous revolving credit facility. This represents the creation of new direct financial obligations totaling $185 million in aggregate credit facilities, which is a material debt issuance event.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-08T02:53:19.960208+00:00","company_name":"Vital Farms, Inc.","ticker":"VITL","filing_date":"2026-08-06"},{"id":26402,"accession_number":"0001193125-26-336692","item_number":"8.01","item_title":"Other Events.","event_type":"earnings_release","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"The primary disclosure in Item 8.01 is the cancellation of the stock repurchase program effective upon closing of new Credit Facilities. However, the supplemental exhibit (EX-99.1) contains Vital Farms' Q2 2026 earnings release showing significant financial deterioration: net revenue down 10.1% to $166.0M, gross margin collapsed from 38.9% to 6.6%, and a net loss of $31.1M versus prior-year net income of $16.6M. The earnings release is the material disclosure driving the 8-K filing, with the repurchase cancellation being a secondary consequence of the new financing. The earnings results would materially affect a reasonable investor's assessment of the company's financial condition and prospects.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-08T02:53:19.960208+00:00","company_name":"Vital Farms, Inc.","ticker":"VITL","filing_date":"2026-08-06"}]}