{"filing":{"accession_number":"0001888524-26-016460","cik":"0002063020","ticker":null,"company_name":"Wells Fargo Commercial Mortgage Trust 2025-5C4","form":"8-K","filing_date":"2026-09-01","report_date":"2026-09-01","primary_document":"wcm255c4_8k-09012026.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/2063020/000188852426016460/wcm255c4_8k-09012026.htm"},"events":[{"id":30929,"run_id":28359,"accession_number":"0001888524-26-016460","anchor_item_number":"6.02","event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.85,"summary":"This Item 6.02 discloses a change of servicer in a CMBS trust: Greystone Servicing Company LLC sold substantially all assets of its special servicing division to C-IV Asset Management LLC on September 1, 2026, with C-IV AM assuming all duties and liabilities as special servicer for approximately 60 transactions representing $20.7 billion in aggregate principal balance. While the filing provides extensive operational and financial details about C-IV AM's qualifications and track record, the core event is a change in the party responsible for governance and administration of the securitized loan portfolio. This is material to certificateholders as it affects who manages problem loans and workout strategies, but it does not fit the specific categories of exec_departure, exec_appointment, or other named event types—it is a servicer transition event best classified as governance_other.","company_name":"Wells Fargo Commercial Mortgage Trust 2025-5C4","ticker":null,"filing_date":"2026-09-01","form":"8-K","submitted_at":null,"items":[{"id":33679,"accession_number":"0001888524-26-016460","item_number":"6.02","item_title":"Change of Servicer or Trustee.","event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.85,"reasoning":"This Item 6.02 discloses a change of servicer in a CMBS trust: Greystone Servicing Company LLC sold substantially all assets of its special servicing division to C-IV Asset Management LLC on September 1, 2026, with C-IV AM assuming all duties and liabilities as special servicer for approximately 60 transactions representing $20.7 billion in aggregate principal balance. While the filing provides extensive operational and financial details about C-IV AM's qualifications and track record, the core event is a change in the party responsible for governance and administration of the securitized loan portfolio. This is material to certificateholders as it affects who manages problem loans and workout strategies, but it does not fit the specific categories of exec_departure, exec_appointment, or other named event types—it is a servicer transition event best classified as governance_other.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-01T20:01:40.189863+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":33679,"accession_number":"0001888524-26-016460","item_number":"6.02","item_title":"Change of Servicer or Trustee.","event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.85,"reasoning":"This Item 6.02 discloses a change of servicer in a CMBS trust: Greystone Servicing Company LLC sold substantially all assets of its special servicing division to C-IV Asset Management LLC on September 1, 2026, with C-IV AM assuming all duties and liabilities as special servicer for approximately 60 transactions representing $20.7 billion in aggregate principal balance. While the filing provides extensive operational and financial details about C-IV AM's qualifications and track record, the core event is a change in the party responsible for governance and administration of the securitized loan portfolio. This is material to certificateholders as it affects who manages problem loans and workout strategies, but it does not fit the specific categories of exec_departure, exec_appointment, or other named event types—it is a servicer transition event best classified as governance_other.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-01T20:01:40.189863+00:00","company_name":"Wells Fargo Commercial Mortgage Trust 2025-5C4","ticker":null,"filing_date":"2026-09-01"}]}