Modiv Industrial Stockholder Meeting Results Announced
Ticker: MDV-PA · Form: 8-K · Filed: Dec 11, 2024 · CIK: 1645873
| Field | Detail |
|---|---|
| Company | Modiv Industrial, Inc. (MDV-PA) |
| Form Type | 8-K |
| Filed Date | Dec 11, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, shareholder-meeting, auditor-ratification
TL;DR
Modiv shareholders re-elected directors, approved pay, and kept BDO as auditor.
AI Summary
On December 11, 2024, Modiv Industrial, Inc. filed an 8-K report to announce the results of its 2024 Annual Meeting of Stockholders. The company disclosed that all director nominees were elected and that the advisory vote on executive compensation was approved. Additionally, the ratification of the appointment of BDO USA, LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2024, was approved.
Why It Matters
This filing confirms shareholder confidence in the current board and executive compensation structure, and the continued engagement of their auditor.
Risk Assessment
Risk Level: low — The filing reports on routine corporate governance matters and shareholder votes, which typically carry low risk.
Key Players & Entities
- Modiv Industrial, Inc. (company) — Registrant
- December 11, 2024 (date) — Date of Report
- BDO USA, LLP (company) — Independent Registered Public Accounting Firm
- December 31, 2024 (date) — Fiscal Year End
FAQ
Were all director nominees elected at the 2024 Annual Meeting of Stockholders?
Yes, the filing indicates that all director nominees presented at the 2024 Annual Meeting of Stockholders were elected.
Did the stockholders approve the advisory vote on executive compensation?
Yes, the advisory vote to approve the compensation of the company's named executive officers was approved by the stockholders.
Was the appointment of BDO USA, LLP as the independent registered public accounting firm ratified?
Yes, the appointment of BDO USA, LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2024, was ratified by the stockholders.
What was the date of Modiv Industrial, Inc.'s 2024 Annual Meeting of Stockholders?
The filing does not explicitly state the exact date of the meeting, but it reports on the results as of December 11, 2024.
What is Modiv Industrial, Inc.'s principal executive office address?
Modiv Industrial, Inc.'s principal executive offices are located at 2195 South Downing Street, Denver, Colorado 80210.
Filing Stats: 754 words · 3 min read · ~3 pages · Grade level 12.2 · Accepted 2024-12-11 13:34:29
Key Financial Figures
- $0.001 — which registered Class C Common Stock, $0.001 par value per share MDV New York Stoc
Filing Documents
- cik0001645873-20241211.htm (8-K) — 49KB
- 0001645873-24-000184.txt ( ) — 220KB
- cik0001645873-20241211.xsd (EX-101.SCH) — 2KB
- cik0001645873-20241211_def.xml (EX-101.DEF) — 18KB
- cik0001645873-20241211_lab.xml (EX-101.LAB) — 30KB
- cik0001645873-20241211_pre.xml (EX-101.PRE) — 18KB
- cik0001645873-20241211_htm.xml (XML) — 4KB
07
Item 5.07. Submission of Matters to a Vote of Security Holders. On December 11, 2024, Modiv Industrial, Inc. (the "Registrant") held its 2024 Annual Meeting of Stockholders (the "Annual Meeting"). The following is a brief description of each matter voted upon at the Annual Meeting and a statement of the number of votes cast for or against or withheld and the number of abstentions and broker non-votes with respect to each matter, as applicable. The matters are described in detail in the Registrant's definitive proxy statement as filed with the Securities and Exchange Commission on Schedule 14A on September 18, 2024. Proposal No. 1 – The election of five directors for a term expiring at the 2025 annual meeting of stockholders and until their successors are duly elected and qualify All of the director nominees listed below were elected by the Registrant's stockholders to hold office until the next annual meeting of stockholders in 2025 and until his or her respective successor has been duly elected and qualifies or until his or her earlier resignation or removal, as follows: Nominee Votes For Withheld Broker Non-Votes Aaron S. Halfacre 4,289,034 242,633 1,304,693 Christopher Gingras 4,276,196 255,471 1,304,693 Thomas H. Nolan, Jr. 4,264,900 266,767 1,304,693 Kimberly Smith 4,014,969 516,698 1,304,693 Connie Tirondola 4,269,011 262,656 1,304,693 Proposal No. 2 – The ratification of the appointment of Grant Thornton LLP as the Registrant's independent registered public accounting firm for the year ending December 31, 2024 The Registrant's stockholders ratified the appointment of Grant Thornton LLP as the Registrant's independent registered public accounting firm for the fiscal year ending December 31, 2024, as follows: Votes For Votes Against Abstentions 5,590,840 108,937 136,583 Proposal No. 3 – Approval, on an advisory (non-binding) basis, of the compensation paid to the Registrant's named executive officers for the year en