{"filing":{"accession_number":"0001376986-26-000031","cik":"0001376986","ticker":"TVC","company_name":"Tennessee Valley Authority","form":"8-K","filing_date":"2026-05-28","report_date":null,"primary_document":"tve-20260521.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1376986/000137698626000031/tve-20260521.htm"},"events":[{"id":8498,"run_id":7459,"accession_number":"0001376986-26-000031","anchor_item_number":"1.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"summary":"TVA entered into a material lease-purchase transaction for its Cumberland Combined Cycle Generation Facility on May 26, 2026, involving three definitive agreements (Head Lease, Facility Lease, and Construction Management Agreement) with CCCGL. The transaction involves approximately $2 billion in financing ($200 million equity and $1.8 billion in secured notes), with TVA receiving $1.93 billion in proceeds, representing a significant capital transaction affecting TVA's financial position and asset structure.","company_name":"Tennessee Valley Authority","ticker":"TVC","filing_date":"2026-05-28","form":"8-K","submitted_at":null,"items":[{"id":2412,"accession_number":"0001376986-26-000031","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"TVA entered into a material lease-purchase transaction for its Cumberland Combined Cycle Generation Facility involving three definitive agreements (Head Lease, Facility Lease, and Construction Management Agreement) with CCCGL on May 26, 2026. The transaction involves approximately $2 billion in financing ($200 million equity and $1.8 billion in secured notes), with TVA receiving $1.93 billion in proceeds, representing a significant capital transaction that would materially affect investor assessment of TVA's financial position and asset structure.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-29T02:43:55.001717+00:00","company_name":"","ticker":null,"filing_date":""},{"id":2413,"accession_number":"0001376986-26-000031","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":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"Item 2.03 discloses creation of a direct financial obligation, but the actual substance is incorporated by reference from Item 1.01. Without access to Item 1.01's content, the specific event type cannot be determined with confidence. Item 1.01 typically covers M\u0026A activity, but could also address debt issuance, lease arrangements, or other financial obligations. Given the materiality of Item 2.03 disclosures and the inability to assess the underlying transaction, \"other_material\" is the most defensible classification pending review of Item 1.01.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-29T02:43:55.001717+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":8499,"run_id":7459,"accession_number":"0001376986-26-000031","anchor_item_number":"5.02","event_type":"exec_compensation","event_domain":"governance","is_material":true,"confidence":0.95,"summary":"TVA's Board approved amended and restated compensation plans (TVA Compensation Plan, EAIP, and LTIP) that materially modify executive compensation arrangements, including reductions in maximum payouts from 225% to 150% (EAIP) and 200% to 150% (LTIP), and changes to peer group composition and scorecard achievement caps.","company_name":"Tennessee Valley Authority","ticker":"TVC","filing_date":"2026-05-28","form":"8-K","submitted_at":null,"items":[{"id":2414,"accession_number":"0001376986-26-000031","item_number":"5.02","item_title":"Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.","event_type":"exec_compensation","event_domain":"governance","is_material":true,"confidence":0.95,"reasoning":"The filing discloses Board approval of amended and restated compensation plans (TVA Compensation Plan, EAIP, and LTIP) that materially modify executive compensation arrangements, including reductions in maximum payouts from 225% to 150% (EAIP) and 200% to 150% (LTIP), and changes to peer group composition and scorecard achievement caps. These are compensatory arrangements for officers and named executives that would affect investor assessment of executive pay practices.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-29T02:43:55.001717+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":2412,"accession_number":"0001376986-26-000031","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"TVA entered into a material lease-purchase transaction for its Cumberland Combined Cycle Generation Facility involving three definitive agreements (Head Lease, Facility Lease, and Construction Management Agreement) with CCCGL on May 26, 2026. The transaction involves approximately $2 billion in financing ($200 million equity and $1.8 billion in secured notes), with TVA receiving $1.93 billion in proceeds, representing a significant capital transaction that would materially affect investor assessment of TVA's financial position and asset structure.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-29T02:43:55.001717+00:00","company_name":"Tennessee Valley Authority","ticker":"TVC","filing_date":"2026-05-28"},{"id":2413,"accession_number":"0001376986-26-000031","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":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"Item 2.03 discloses creation of a direct financial obligation, but the actual substance is incorporated by reference from Item 1.01. Without access to Item 1.01's content, the specific event type cannot be determined with confidence. Item 1.01 typically covers M\u0026A activity, but could also address debt issuance, lease arrangements, or other financial obligations. Given the materiality of Item 2.03 disclosures and the inability to assess the underlying transaction, \"other_material\" is the most defensible classification pending review of Item 1.01.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-29T02:43:55.001717+00:00","company_name":"Tennessee Valley Authority","ticker":"TVC","filing_date":"2026-05-28"},{"id":2414,"accession_number":"0001376986-26-000031","item_number":"5.02","item_title":"Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.","event_type":"exec_compensation","event_domain":"governance","is_material":true,"confidence":0.95,"reasoning":"The filing discloses Board approval of amended and restated compensation plans (TVA Compensation Plan, EAIP, and LTIP) that materially modify executive compensation arrangements, including reductions in maximum payouts from 225% to 150% (EAIP) and 200% to 150% (LTIP), and changes to peer group composition and scorecard achievement caps. These are compensatory arrangements for officers and named executives that would affect investor assessment of executive pay practices.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-29T02:43:55.001717+00:00","company_name":"Tennessee Valley Authority","ticker":"TVC","filing_date":"2026-05-28"}]}