Gladstone Commercial Corp. Announces 2024 Annual Meeting of Stockholders

TL;DR

<b>Gladstone Commercial Corporation will hold its 2024 Annual Meeting of Stockholders virtually on May 2, 2024, to elect directors and ratify auditors.</b>

AI Summary

GLADSTONE COMMERCIAL CORP (GOODO) filed a Proxy Statement (DEF 14A) with the SEC on March 13, 2024. The 2024 Annual Meeting of Stockholders for Gladstone Commercial Corporation will be held virtually on May 2, 2024, at 11:00 a.m. EDT. Stockholders will vote on the election of two directors for terms expiring at the 2027 Annual Meeting. The meeting will also include a ratification of PricewaterhouseCoopers LLP as the independent registered public accounting firm for fiscal year 2024. The record date for determining stockholders entitled to vote is March 8, 2024. The meeting will be conducted via live webcast at www.virtualshareholdermeeting.com/GOOD2024.

Why It Matters

For investors and stakeholders tracking GLADSTONE COMMERCIAL CORP, this filing contains several important signals. This virtual meeting format aims to maximize stockholder participation and provide a consistent experience regardless of location. The election of directors and ratification of the auditor are key governance items that directly impact the company's oversight and financial reporting.

Risk Assessment

Risk Level: low — GLADSTONE COMMERCIAL CORP shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting and does not contain significant new financial or operational information, indicating low immediate risk.

Analyst Insight

Stockholders should review the director nominees and the ratification of the auditor to make informed voting decisions at the upcoming virtual meeting.

Key Numbers

• May 2, 2024 — Annual Meeting Date (2024 Annual Meeting of Stockholders)
• 2027 — Director Term Expiration (Terms of elected directors will expire at the 2027 Annual Meeting)
• 2024 — Fiscal Year for Auditor (Independent registered public accounting firm for fiscal year ending December 31, 2024)
• March 8, 2024 — Record Date (Record date for determining stockholders entitled to vote)

Key Players & Entities

• GLADSTONE COMMERCIAL CORP (company) — Registrant
• May 2, 2024 (date) — Date of Annual Meeting
• PricewaterhouseCoopers LLP (company) — Independent registered public accounting firm
• March 8, 2024 (date) — Record date for stockholders
• GOOD2024 (other) — Company number for virtual meeting

FAQ

Risk Factors

• Compliance with SEC Regulations [low — regulatory]: The company must comply with all SEC rules and regulations regarding proxy solicitations and annual meetings.
• Virtual Meeting Execution [low — operational]: Ensuring a smooth and accessible virtual meeting experience for all stockholders is crucial for engagement.
• Auditor Independence and Effectiveness [low — financial]: The ratification of the independent auditor is essential for maintaining confidence in the company's financial reporting.

Industry Context

Gladstone Commercial Corporation operates as a real estate investment trust (REIT) focused on commercial properties. This filing is a standard proxy statement for its annual shareholder meeting.

Regulatory Implications

The filing adheres to the Securities Exchange Act of 1934, specifically Rule 14a-101, which governs the content of proxy statements.

What Investors Should Do

1. Review the profiles of the director nominees before the May 2, 2024 meeting.
2. Understand the role and responsibilities of the independent auditor, PricewaterhouseCoopers LLP.
3. Ensure access to the virtual meeting platform and submit any questions in advance if required.

Key Dates

• 2024-05-02: Annual Meeting of Stockholders — Key date for voting on proposals and electing directors.
• 2024-03-08: Record Date — Determines which stockholders are eligible to vote at the annual meeting.

Year-Over-Year Comparison

This is a definitive proxy statement (DEF 14A) filed for the upcoming annual meeting, indicating a routine corporate governance event.

Key Financial Figures

• $11 billion — of directors from July 2008, until its $11 billion merger with Triquint Semiconductor, Inc

Filing Documents

• d707840ddef14a.htm (DEF 14A) — 241KB
• g707840g15h31.jpg (GRAPHIC) — 27KB
• g707840g26g26.jpg (GRAPHIC) — 113KB
• g707840g27g27.jpg (GRAPHIC) — 123KB
• 0001193125-24-066429.txt (&nbsp;) — 600KB

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 24 EXECUTIVE OFFICERS 26

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 27 DIRECTOR COMPENSATION 28 COMPENSATION COMMITTEE REPORT 29 TRANSACTIONS WITH RELATED PERSONS 30 HOUSEHOLDING OF PROXY MATERIALS 34 OTHER MATTERS 35 Throughout this proxy statement, we identify certain materials that are available in full on our website and refer the reader to additional information available on our website. The information contained on, or available through, our website is not and shall not be deemed to be incorporated by reference in this proxy statement. Table of Contents GLADSTONE COMMERCIAL CORPORATION 1521 Westbranch Drive, Suite 100, McLean, Virginia 22102 PROXY STATEMENT FOR THE 2024 ANNUAL MEETING OF STOCKHOLDERS To Be Held On May 2, 2024 QUESTIONS AND ANSWERS ABOUT THIS PROXY MATERIAL AND VOTING What is the Notice of Internet Availability of Proxy Materials and why am I receiving it? Pursuant to the e-proxy rules promulgated by the Securities and Exchange Commission (the SEC), Gladstone Commercial Corporation, referred to herein as we, us, the Company or Gladstone Commercial, is providing access to our proxy materials in a fast and efficient manner via the Internet. Accordingly, on March 15, 2024, we mailed a Notice of Internet Availability of Proxy Materials (the Notice) to all stockholders of record as of the close of business on March 8, 2024, and posted our proxy materials on the website referenced in the Notice ( www.proxyvote.com ). As more fully described in the Notice, all stockholders may choose to access our proxy materials on the website referred to in the Notice. In addition, the Notice and website provide information regarding how you may elect to receive proxy materials in printed form by mail or electronically by email on an ongoing basis. If you previously elected to receive a printed or electronic copy of our proxy materials, which we also expect to distribute on or about March 15, 2024, you will continue to receive these materials by mail or electronic mail

View Full Filing

View this DEF 14A filing on SEC EDGAR