{"filing":{"accession_number":"0001628280-26-061531","cik":"0001800227","ticker":"IAC","company_name":"People Inc","form":"8-K","filing_date":"2026-09-11","report_date":"2026-09-11","primary_document":"iaci-20260911.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1800227/000162828026061531/iaci-20260911.htm"},"events":[{"id":32906,"run_id":30253,"accession_number":"0001628280-26-061531","anchor_item_number":"8.01","event_type":"financial_other","event_domain":"financial","is_material":true,"confidence":0.75,"summary":"The filing discloses multiple material financial and operational changes to the 2025 10-K: (1) classification of Search segment as discontinued operations following Google Services Agreement expiration on April 30, 2026; (2) classification of Care.com as discontinued operations following its March 16, 2026 sale for $300.2 million net proceeds; (3) revision of Adjusted EBITDA definition effective Q2 2026; and (4) reclassification of digital agency business between People Inc. segments. While these involve discontinued operations (which could suggest a restatement-like quality), the core disclosure is a comprehensive financial restatement of the 2025 10-K to reflect segment changes and discontinued operations classifications under ASC 205, rather than a traditional accounting restatement. The materiality is clear given the magnitude of divested operations and segment restructuring.","company_name":"People Inc","ticker":"IAC","filing_date":"2026-09-11","form":"8-K","submitted_at":null,"items":[{"id":36198,"accession_number":"0001628280-26-061531","item_number":"8.01","item_title":"Other Events.","event_type":"financial_other","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"The filing discloses multiple material financial and operational changes to the 2025 10-K: (1) classification of Search segment as discontinued operations following Google Services Agreement expiration on April 30, 2026; (2) classification of Care.com as discontinued operations following its March 16, 2026 sale for $300.2 million net proceeds; (3) revision of Adjusted EBITDA definition effective Q2 2026; and (4) reclassification of digital agency business between People Inc. segments. While these involve discontinued operations (which could suggest a restatement-like quality), the core disclosure is a comprehensive financial restatement of the 2025 10-K to reflect segment changes and discontinued operations classifications under ASC 205, rather than a traditional accounting restatement. The materiality is clear given the magnitude of divested operations and segment restructuring.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-11T20:02:57.295850+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":36198,"accession_number":"0001628280-26-061531","item_number":"8.01","item_title":"Other Events.","event_type":"financial_other","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"The filing discloses multiple material financial and operational changes to the 2025 10-K: (1) classification of Search segment as discontinued operations following Google Services Agreement expiration on April 30, 2026; (2) classification of Care.com as discontinued operations following its March 16, 2026 sale for $300.2 million net proceeds; (3) revision of Adjusted EBITDA definition effective Q2 2026; and (4) reclassification of digital agency business between People Inc. segments. While these involve discontinued operations (which could suggest a restatement-like quality), the core disclosure is a comprehensive financial restatement of the 2025 10-K to reflect segment changes and discontinued operations classifications under ASC 205, rather than a traditional accounting restatement. The materiality is clear given the magnitude of divested operations and segment restructuring.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-11T20:02:57.295850+00:00","company_name":"People Inc","ticker":"IAC","filing_date":"2026-09-11"}]}