UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 0-25965 ZIFF DAVIS, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I.R ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-40465 Marqeta, Inc. (Exact name of registrant as specified in its charter) Delaware 27-4306690 (State or other ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-03970 ENVIRI CORPORATION (Exact name of registrant as specified in its charter) Delaware 23-1483991 (State or other jurisdiction of incorporation or organization) (I.R.S. employe ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission file number 001-37362 Black Stone Minerals, L.P. (Exact Name of Registrant As Specified in its charter) Delaware 47-18466 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ý ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 Or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-41850 BED BATH & BEYOND, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation o ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ý ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 Or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-41850 BED BATH & BEYOND, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation o ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 000-52024 ALPHATEC HOLDINGS, INC. (Exact Name of Registrant as Specified in its Charter) Delaware 20-2463898 (State or Other Jurisdiction o ...

Table of Contents | UNITED STATES | | | --- | --- | | SECURITIES AND EXCHANGE COMMISSION | | | Washington, D.C. 20549 | | | FORM 10-K | | | (Mark One) | | | ☑ | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) | | OF THE SECURITIES EXCHANGE ACT OF 1934 | | | For the Fiscal Year Ended December 31, 2025 | | | OR | | | ☐ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) | | OF THE SECURITIES EXCHANGE ACT OF 1934 | | | For the transition period from | to | | Commission File No. 001-36502 | | | COMMERCE BANCSHARE ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO COMMISSION FILE NUMBER 001-33829 Keurig Dr Pepper Inc. (Exact name of registrant as specified in its charter) Delaware 98-0517725 (State or other jurisdiction of incorpora ...

Financial Liabilities and Reinsurance - As of December 31, 2025, total liabilities for insurance products amounted to $31.1 billion, payable over an extended period[89]. - Total reinsurance receivables as of December 31, 2025, were $3,677.5 million, with the principal reinsurer being Wilton Reassurance Company at $2,350.2 million[93]. - The policy risk retention limit of the insurance subsidiaries was generally $0.8 million or less, with reinsurance ceded to third parties representing 9.0% of gross combined life insurance in force[92]. Regulatory Compliance and Oversight - The company is subject to extensive regulation and supervision by insurance regulators across all 50 states, ensuring compliance with financial and business conduct standards[109]. - The NAIC's principle-based reserving approach for life insurance and annuity contracts has been adopted, effective January 1, 2020, with further implementation expected for additional products[115]. - The NAIC's RBC requirements assess the risk inherent in an insurer's business, with a formula that applies prescribed factors to various risk elements to determine minimum capital requirements[140]. - The NAIC increased the RBC factor for structured security residual tranches from 30% to 45%, effective for year-end 2024 RBC filings[142]. - The NAIC's Financial Condition (E) Committee is conducting a holistic review of the insurance regulatory framework to enhance oversight of insurers' investments in complex assets, focusing on the SVO's discretion and reliance on credit rating providers[123]. Employee Relations and Well-being - The company employs approximately 3,300 full-time associates, with no collective bargaining agreements in place, indicating favorable employee relations[96]. - The company focuses on attracting and retaining talented associates through professional development, fair compensation practices, and a supportive work environment[98]. - The company has implemented a comprehensive well-being program that includes medical, dental, and vision insurance, as well as mental health counseling and financial coaching[103]. Community Involvement - The company is committed to community involvement, supporting organizations that address the health and financial wellness of middle-income Americans[108]. Climate and Environmental Regulations - The NYDFS expects insurers to integrate climate-related financial risks into their governance frameworks and risk management processes[180]. - In September 2023, California passed a law requiring firms with annual revenues over $1.0 billion to publicly report greenhouse gas emissions starting in 2026[182]. - The NAIC adopted a new standard for insurers to report climate-related risks as part of its annual Climate Risk Disclosure Survey, applicable to insurers with over $100 million in direct premium[183]. Tax Legislation - The Inflation Reduction Act introduced a 15% minimum tax based on financial statement income and a 1% excise tax on share buybacks, effective for tax years beginning in 2023[191]. - The SECURE 2.0 Act of 2022 introduces new requirements for retirement plans aimed at expanding coverage and increasing savings[192]. - The One Big Beautiful Bill Act of 2025 provides a permanent extension of certain provisions of the Tax Cuts and Jobs Act, impacting the timing of tax deductions[193]. - The company's income tax expense includes deferred income taxes from temporary differences and net operating loss carryforwards, which depend on future taxable income generation[190]. Capital and Solvency Requirements - CNO Bermuda Re is required to maintain a minimum solvency margin of the greater of $0.5 million, 1.5% of assets, or 25% of its enhanced capital requirement (ECR)[148]. - CNO Bermuda Re must maintain statutory economic capital and surplus at a level equal to or in excess of its ECR, which is determined by the Bermuda Solvency Capital Requirement (BSCR) model[149]. - The BSCR model establishes capital requirements based on various risk categories, including fixed income investment risk and operational risk[150]. - The target capital level (TCL) set by the Bermuda Monetary Authority (BMA) is 120% of an insurer's ECR, serving as an early warning tool for regulatory oversight[151]. - CNO Bermuda Re has entered into a Capital and Liquidity Maintenance Agreement with CDOC, which includes conditions for capital contributions if statutory economic capital falls below 150% of its ECR[152]. Legislative Developments - The Dodd-Frank Act established the Financial Stability Oversight Council (FSOC), which can designate non-bank financial institutions as systemically important, subjecting them to heightened supervision[170]. - In November 2023, the FSOC adopted guidance simplifying the process for designating non-bank financial companies as systemically important financial institutions (SIFIs)[171]. - Colorado enacted a law in 2021 prohibiting unfair discrimination in the use of external consumer data and information sources, with regulations effective November 14, 2023[167]. Insurance Product Monitoring - The company is monitoring developments related to federal legislation that may affect its annuity and life insurance products[188]. - The company’s insurance subsidiaries complied with state investment regulations as of December 31, 2025, ensuring diversification and adherence to regulatory limits[155].