What does the RevenueDot webhook event PRODUCT_CHANGE mean?

import { createHmac, timingSafeEqual } from "node:crypto";

// X-RevenueCat-Webhook-Signature: t=<unix seconds>,v1=<hex HMAC-SHA256 of "<t>.<raw body>">
function verify(rawBody, header, secret, toleranceSeconds = 300) {
  const m = /^t=(\d+),v1=([0-9a-f]{64})$/.exec(header ?? "");
  if (!m || Math.abs(Date.now() / 1000 - Number(m[1])) > toleranceSeconds) return false;
  const expected = createHmac("sha256", secret).update(`${m[1]}.${rawBody}`).digest();
  return timingSafeEqual(expected, Buffer.from(m[2], "hex"));
}

// Sign a sample delivery the way RevenueDot does, then handle it.
const secret = "whsec_test_secret";
const rawBody = JSON.stringify({ api_version: "1.0", event: {"id":"66339910-3BFF-49F4-B873-D1283D673DE2","type":"PRODUCT_CHANGE","app_user_id":"user_1","product_id":"pro_monthly","new_product_id":"pro_annual"} });
const t = Math.floor(Date.now() / 1000);
const header = `t=${t},v1=${createHmac("sha256", secret).update(`${t}.${rawBody}`).digest("hex")}`;

const seen = new Set(); // use a database table in production

function handle(rawBody, header) {
  if (!verify(rawBody, header, secret)) return "401 bad signature";
  const { event } = JSON.parse(rawBody);
  if (seen.has(event.id)) return "200 duplicate";
  seen.add(event.id);
  if (event.type !== "PRODUCT_CHANGE") return "200 ignored";
  return "move " + event.app_user_id + " from " + event.product_id + " to " + event.new_product_id;
}

console.log(handle(rawBody, header));