{"filing":{"accession_number":"0001628280-26-058907","cik":"0000901491","ticker":"PZZA","company_name":"PAPA JOHNS INTERNATIONAL INC","form":"8-K","filing_date":"2026-08-25","report_date":"2026-08-25","primary_document":"pzza-20260825.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/901491/000162828026058907/pzza-20260825.htm"},"events":[{"id":29509,"run_id":27021,"accession_number":"0001628280-26-058907","anchor_item_number":"7.01","event_type":"financial_other","event_domain":"financial","is_material":true,"confidence":0.72,"summary":"Papa John's announced the refranchising of 28 corporate-owned restaurants in the Orlando area to franchisee Wade Oney's entities (PZZA Group, LLC and Magic City Pizzerias, LLC). This is a material disposition of company-owned assets—a strategic shift from corporate ownership to franchising. While the press release does not disclose financial terms, the transaction represents a significant operational and financial event affecting the company's asset base and capital structure. This is best classified as a financial disposition event rather than M\u0026A activity, as it involves the sale of existing corporate restaurants to an existing franchisee partner rather than a merger, acquisition, or change of control.","company_name":"PAPA JOHNS INTERNATIONAL INC","ticker":"PZZA","filing_date":"2026-08-25","form":"8-K","submitted_at":null,"items":[{"id":31819,"accession_number":"0001628280-26-058907","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"financial_other","event_domain":"financial","is_material":true,"confidence":0.72,"reasoning":"Papa John's announced the refranchising of 28 corporate-owned restaurants in the Orlando area to franchisee Wade Oney's entities (PZZA Group, LLC and Magic City Pizzerias, LLC). This is a material disposition of company-owned assets—a strategic shift from corporate ownership to franchising. While the press release does not disclose financial terms, the transaction represents a significant operational and financial event affecting the company's asset base and capital structure. This is best classified as a financial disposition event rather than M\u0026A activity, as it involves the sale of existing corporate restaurants to an existing franchisee partner rather than a merger, acquisition, or change of control.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-25T20:32:58.118083+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":31819,"accession_number":"0001628280-26-058907","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"financial_other","event_domain":"financial","is_material":true,"confidence":0.72,"reasoning":"Papa John's announced the refranchising of 28 corporate-owned restaurants in the Orlando area to franchisee Wade Oney's entities (PZZA Group, LLC and Magic City Pizzerias, LLC). This is a material disposition of company-owned assets—a strategic shift from corporate ownership to franchising. While the press release does not disclose financial terms, the transaction represents a significant operational and financial event affecting the company's asset base and capital structure. This is best classified as a financial disposition event rather than M\u0026A activity, as it involves the sale of existing corporate restaurants to an existing franchisee partner rather than a merger, acquisition, or change of control.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-25T20:32:58.118083+00:00","company_name":"PAPA JOHNS INTERNATIONAL INC","ticker":"PZZA","filing_date":"2026-08-25"}]}