Modiv Industrial Files Proxy Statement for Dec. 11 Meeting

TL;DR

Modiv Industrial proxy filed. Vote on Dec 11 matters.

AI Summary

Modiv Industrial, Inc. (formerly RW Holdings NNN REIT, Inc.) filed a definitive proxy statement (DEF 14A) on September 18, 2024, for its annual meeting on December 11, 2024. The company, a real estate investment trust, is seeking shareholder approval for matters related to its governance and operations. The filing details executive compensation, director elections, and other corporate actions requiring shareholder consent.

Why It Matters

This filing provides shareholders with crucial information to make informed decisions on company leadership and strategic direction at the upcoming annual meeting.

Risk Assessment

Risk Level: low — This is a routine proxy filing providing information to shareholders, not indicating immediate financial distress or significant new risks.

Key Numbers

• DEF 14A — Filing Type (Definitive Proxy Statement)

Key Players & Entities

• MODIV INDUSTRIAL, INC. (company) — Registrant
• RW HOLDINGS NNN REIT, INC. (company) — Former Company Name
• 20240918 (date) — Filing Date
• 20241211 (date) — Meeting Date

FAQ

Key Financial Figures

• $0.001 — refer to our Class C common stock, $0.001 par value per share, as our “com

Filing Documents

• ny20025322x1_def14a.htm (DEF 14A) — 667KB
• logo_modiv24.jpg (GRAPHIC) — 126KB
• ny20025322x1_pc01.jpg (GRAPHIC) — 677KB
• ny20025322x1_pc02.jpg (GRAPHIC) — 787KB
• 0001140361-24-041347.txt ( ) — 2855KB

From the Filing

DEF 14A 1 ny20025322x1_def14a.htm DEF 14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No.  ) Filed by the Registrant ☒ Filed by a Party other than the Registrant   ☐ Check the appropriate box:   ☐ Preliminary Proxy Statement   ☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ☒ Definitive Proxy Statement   ☐ Definitive Additional Materials   ☐ Soliciting Material under § 240.14a-12 MODIV INDUSTRIAL, INC. (Name of Registrant as Specified In Its Charter)   (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): ☒ No fee required   ☐ Fee paid previously with preliminary materials   ☐ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11   MODIV INDUSTRIAL, INC. 2195 South Downing Street Denver, Colorado 80210 www.modiv.com NOTICE OF ANNUAL MEETING OF STOCKHOLDERS TO BE HELD DECEMBER 11, 2024 Dear Stockholder: NOTICE IS HEREBY GIVEN that the 2024 Annual Meeting of Stockholders, or the Annual Meeting, of Modiv Industrial, Inc., or the Company, a Maryland corporation, will be held at the offices of the Company’s counsel, Kutak Rock, LLP at 2001 16th Street, Suite 1800, Denver, Colorado 80202 on Wednesday, December 11, 2024 at 10:00 a.m. Mountain Time. We are holding this meeting for the following purposes: 1. To consider and vote upon the election of the five director nominees named in the accompanying proxy statement to serve until our 2025 annual meeting of stockholders and until their respective successors are duly elected and qualify. The Board of Directors recommends a vote FOR each of the director nominees. 2. To consider and vote upon the ratification of the appointment of Grant Thornton LLP (“Grant Thornton”) as our independent registered public accounting firm for the year ending December 31, 2024. The Board of Directors recommends a vote FOR the ratification of the appointment of Grant Thornton as our independent registered public accounting firm for the year ending December 31, 2024. 3. To approve, on an advisory (non-binding) basis, the compensation paid to the Company’s named executive officers for the year ended December 31, 2023 (“say on pay” vote). The Board of Directors recommends that stockholders vote FOR the say on pay proposal. 4. To consider and vote upon adoption of the Modiv Industrial, Inc. 2024 Omnibus Incentive Plan. The Board of Directors recommends that stockholders vote FOR the Modiv Industrial, Inc. 2024 Omnibus Incentive Plan. 5. To transact such other business as may properly come before the Annual Meeting and any postponement or adjournment thereof. The Board of Directors has fixed the close of business on September 17, 2024 as the record date for determining stockholders entitled to notice of and to vote at the Annual Meeting. Whether you plan to attend the Annual Meeting or not, we urge you to submit your proxy as early as possible to authorize how your shares will be voted at the Annual Meeting. Stockholders may submit a proxy to vote their shares: (1) via the Internet; (2) by phone by calling 1-800-690-6903 to reach a toll-free, automated touchtone voting line; or (3) by mail, using the proxy card accompanying your proxy materials if you received a printed copy of the proxy materials by mail. YOUR VOTE IS VERY IMPORTANT! Your immediate response will help avoid potential delays and may save us significant additional expenses associated with soliciting stockholder votes . The Annual Meeting will begin promptly at 10:00 a.m. Mountain Time.               By Order of the Board of Directors               Raymond J. Pacini Chief Financial Officer and Secretary         Denver, Colorado September 18, 2024                 2195 South Downing Street Denver, Colorado 80210 Proxy Statement For the Annual Meeting of Stockholders to be Held on December 11, 2024 This Proxy Statement is furnished in connection with the solicitation of proxies by the Board of Directors (the “Board of Directors” or the “Board”) of Modiv Industrial, Inc., a Maryland corporation, for use at the annual meeting of stockholders to be held at the offices of the Company’s counsel, Kutak Rock, LLP at 2001 16th Street, Suite 1800, Denver, Colorado 80202 on Wednesday, December 11, 2024 at 10:00 a.m. Mo

View Full Filing

View this DEF 14A filing on SEC EDGAR