Vera Bradley Enters Material Definitive Agreement

Ticker: VRA · Form: 8-K · Filed: Oct 27, 2025 · CIK: 1495320

Sentiment: neutral

Topics: material-agreement, financial-obligation

TL;DR

Vera Bradley just signed a big deal, could mean new debt or obligations.

AI Summary

Vera Bradley, Inc. entered into a material definitive agreement on October 21, 2025. This agreement involves a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant. The filing also includes financial statements and exhibits related to this event.

Why It Matters

This filing indicates a significant new financial commitment or arrangement for Vera Bradley, Inc., which could impact its financial obligations and future operations.

Risk Assessment

Risk Level: medium — Entering into material definitive agreements can introduce new financial obligations or strategic shifts that carry inherent risks.

Key Players & Entities

FAQ

What type of material definitive agreement did Vera Bradley, Inc. enter into?

The filing states Vera Bradley, Inc. entered into a material definitive agreement, but the specific nature of the agreement is not detailed in the provided text.

What is the significance of the 'Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement' item?

This item indicates that the agreement entered into by Vera Bradley, Inc. creates a direct financial responsibility or a commitment that is not recorded on the company's balance sheet.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing occurred on October 21, 2025.

What is Vera Bradley, Inc.'s principal executive office address?

Vera Bradley, Inc.'s principal executive offices are located at 12420 Stonebridge Road, Roanoke, Indiana 46783.

What is the SEC file number for Vera Bradley, Inc.?

The SEC file number for Vera Bradley, Inc. is 001-34918.

Filing Stats: 769 words · 3 min read · ~3 pages · Grade level 12 · Accepted 2025-10-27 16:54:42

Key Financial Figures

Filing Documents

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement. On October 21, 2025, certain subsidiaries of Vera Bradley, Inc. (the "Company"), JP Morgan Chase Bank, N.A., as the administrative agent, and lenders party thereto, entered into a Fifth Amendment to Credit Agreement and Second Amendment to Pledge and Security Agreement (the "Amendment") with respect to the asset based revolving Credit Agreement (as amended, the "Credit Agreement") and the Pledge and Security Agreement (as amended, the "Security Agreement"), each originally dated September 7, 2018 and as amended prior to the date of the Amendment. The Amendment amended the Credit Agreement to, among other things: (i) permit the sale of certain real property assets without requiring the application of the proceeds from such sale to be used to repay amounts outstanding under the Credit Agreement, (ii) remove the prohibition against sale and leaseback transactions and (iii) increase the amount of Company assets permitted to be disposed of in any fiscal year outside the ordinary course of business from $5,000,000 to $10,000,000. The Amendment amended the Security Agreement to, among other things, (i) grant a security interest in certain of the Company's or its subsidiaries' intellectual property, and (ii) grant certain non-exclusive licenses with respect to certain intellectual property in favor with JP Morgan Chase Bank, N.A. in its capacity as the administrative agent. Also on October 21, 2025 and in connection with the Amendment, Vera Bradley Deigns, Inc., a subsidiary of the Company, entered into customary security agreements granting the security interests required by the Amendment to JP Morgan Chase Bank, N.A. in its capacity as the collateral agent under the Security Agreement. The foregoing summary of the Amendment does not purport to be complete and is qualified in its entirety by the full text of the Amendment, a copy of which is filed as Exhibit 10.1 hereto and incorporated herein by reference. It

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits 10.1 Fifth Amendment to Credit Agreement and Second Amendment to Pledge and Security Agreement dated as of October 21, 2025 among Vera Bradley Designs, Inc., the other borrowers party thereto, JPMorgan Chase Bank, N.A., and the lenders party thereto 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Vera Bradley, Inc. (Registrant) Date: October 27, 2025 /s/ Mark C. Dely Mark C. Dely Chief Administrative Officer

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