{"filing":{"accession_number":"0001213900-26-078509","cik":"0001643953","ticker":"PRPL","company_name":"Purple Innovation, Inc.","form":"8-K","filing_date":"2026-07-16","report_date":null,"primary_document":"ea0297724-8k_purple.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1643953/000121390026078509/ea0297724-8k_purple.htm"},"events":[{"id":18315,"run_id":16462,"accession_number":"0001213900-26-078509","anchor_item_number":"3.03","event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.85,"summary":"Purple Innovation implemented a 1-for-25 reverse stock split, approved by stockholders on July 2, 2026, and effective July 19, 2026. While the reverse split preserves percentage ownership and security holder rights, it is a material governance and capital structure event with significant market implications.","company_name":"Purple Innovation, Inc.","ticker":"PRPL","filing_date":"2026-07-16","form":"8-K","submitted_at":null,"items":[{"id":17087,"accession_number":"0001213900-26-078509","item_number":"3.03","item_title":"Material Modification to Rights of Security Holders","event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.85,"reasoning":"This disclosure reports the implementation of a 1-for-25 reverse stock split approved by stockholders on July 2, 2026, and filed with Delaware on July 16, 2026, effective July 19, 2026. While Item 3.03 addresses material modifications to security holder rights, the reverse stock split itself does not substantively alter rights or preferences—it uniformly affects all stockholders and explicitly preserves percentage ownership and the rights of common stock. This is a governance/capital structure event that, while material to investors due to its market impact and delisting-risk implications, does not fit the specific event types (e.g., shareholder_vote_results, which would apply to the July 2 vote itself). The event is clearly governance-related and best classified as governance_other.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-16T12:43:40.488402+00:00","company_name":"","ticker":null,"filing_date":""},{"id":17088,"accession_number":"0001213900-26-078509","item_number":"5.03","item_title":"Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year","event_type":"governance_other","event_domain":"governance","is_material":false,"confidence":0.75,"reasoning":"Item 5.03 discloses amendments to articles of incorporation or bylaws, which is a governance matter. The filing incorporates Item 3.03 by reference but provides no substantive detail in this section itself. Without visibility into Item 3.03's content, the amendment cannot be classified as a specific governance event (e.g., delisting risk, shareholder vote results). Routine bylaw or charter amendments are typically non-material administrative disclosures unless they signal a material governance change.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-16T12:43:40.488402+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":17087,"accession_number":"0001213900-26-078509","item_number":"3.03","item_title":"Material Modification to Rights of Security Holders","event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.85,"reasoning":"This disclosure reports the implementation of a 1-for-25 reverse stock split approved by stockholders on July 2, 2026, and filed with Delaware on July 16, 2026, effective July 19, 2026. While Item 3.03 addresses material modifications to security holder rights, the reverse stock split itself does not substantively alter rights or preferences—it uniformly affects all stockholders and explicitly preserves percentage ownership and the rights of common stock. This is a governance/capital structure event that, while material to investors due to its market impact and delisting-risk implications, does not fit the specific event types (e.g., shareholder_vote_results, which would apply to the July 2 vote itself). The event is clearly governance-related and best classified as governance_other.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-16T12:43:40.488402+00:00","company_name":"Purple Innovation, Inc.","ticker":"PRPL","filing_date":"2026-07-16"},{"id":17088,"accession_number":"0001213900-26-078509","item_number":"5.03","item_title":"Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year","event_type":"governance_other","event_domain":"governance","is_material":false,"confidence":0.75,"reasoning":"Item 5.03 discloses amendments to articles of incorporation or bylaws, which is a governance matter. The filing incorporates Item 3.03 by reference but provides no substantive detail in this section itself. Without visibility into Item 3.03's content, the amendment cannot be classified as a specific governance event (e.g., delisting risk, shareholder vote results). Routine bylaw or charter amendments are typically non-material administrative disclosures unless they signal a material governance change.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-16T12:43:40.488402+00:00","company_name":"Purple Innovation, Inc.","ticker":"PRPL","filing_date":"2026-07-16"}]}