{"filing":{"accession_number":"0001628280-26-048130","cik":"0000277638","ticker":null,"company_name":"DAVEY TREE EXPERT CO","form":"8-K","filing_date":"2026-07-14","report_date":null,"primary_document":"davey-20260710.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/277638/000162828026048130/davey-20260710.htm"},"events":[{"id":17823,"run_id":15985,"accession_number":"0001628280-26-048130","anchor_item_number":"2.03","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"summary":"Davey Tree entered into a Fifteenth Amendment to its Receivables Financing Agreement with PNC Bank on July 10, 2026, extending the facility's termination date by two years to July 10, 2028, and modifying key terms including removal of a SOFR adjustment and addition of a maximum Leverage Ratio covenant of 3.75:1.00. This material modification extends the company's borrowing capacity and imposes new financial covenants.","company_name":"DAVEY TREE EXPERT CO","ticker":null,"filing_date":"2026-07-14","form":"8-K","submitted_at":null,"items":[{"id":16436,"accession_number":"0001628280-26-048130","item_number":"1.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"Davey Tree entered into a Fifteenth Amendment to its Receivables Financing Agreement with PNC Bank on July 10, 2026, extending the facility's termination date by two years to July 10, 2028, and modifying key terms including removal of a SOFR adjustment and addition of a maximum Leverage Ratio covenant of 3.75:1.00. While this is technically an amendment to an existing credit facility rather than a new issuance, it constitutes a material modification of a direct financial obligation that extends the company's borrowing capacity and imposes new financial covenants, warranting disclosure under Item 1.01 as a material definitive agreement.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-14T19:26:39.097612+00:00","company_name":"","ticker":null,"filing_date":""},{"id":16437,"accession_number":"0001628280-26-048130","item_number":"2.03","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Item 2.03 explicitly addresses \"Creation of a Direct Financial Obligation,\" which is the standard disclosure item for debt issuance. The section references Item 1.01 (which typically covers material agreements and acquisitions), suggesting a new financial obligation has been created. This is a material event affecting the registrant's capital structure and financial position.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-14T19:26:39.097612+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":16436,"accession_number":"0001628280-26-048130","item_number":"1.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"Davey Tree entered into a Fifteenth Amendment to its Receivables Financing Agreement with PNC Bank on July 10, 2026, extending the facility's termination date by two years to July 10, 2028, and modifying key terms including removal of a SOFR adjustment and addition of a maximum Leverage Ratio covenant of 3.75:1.00. While this is technically an amendment to an existing credit facility rather than a new issuance, it constitutes a material modification of a direct financial obligation that extends the company's borrowing capacity and imposes new financial covenants, warranting disclosure under Item 1.01 as a material definitive agreement.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-14T19:26:39.097612+00:00","company_name":"DAVEY TREE EXPERT CO","ticker":null,"filing_date":"2026-07-14"},{"id":16437,"accession_number":"0001628280-26-048130","item_number":"2.03","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Item 2.03 explicitly addresses \"Creation of a Direct Financial Obligation,\" which is the standard disclosure item for debt issuance. The section references Item 1.01 (which typically covers material agreements and acquisitions), suggesting a new financial obligation has been created. This is a material event affecting the registrant's capital structure and financial position.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-14T19:26:39.097612+00:00","company_name":"DAVEY TREE EXPERT CO","ticker":null,"filing_date":"2026-07-14"}]}