Alpine Income Property Trust Announces 2024 Annual Meeting of Stockholders

TL;DR

<b>Alpine Income Property Trust will hold its 2024 Annual Meeting online on May 22, 2024, to elect directors and ratify auditors.</b>

AI Summary

Alpine Income Property Trust, Inc. (PINE-PA) filed a Proxy Statement (DEF 14A) with the SEC on April 9, 2024. The Annual Meeting of Stockholders for Alpine Income Property Trust, Inc. is scheduled for May 22, 2024, at 3:00 p.m. Eastern Time. The meeting will be held exclusively online, with no physical location. Key agenda items include the election of six director nominees for one-year terms. Stockholders will also vote to ratify the appointment of Grant Thornton LLP as the independent registered public accounting firm for fiscal year 2024. Stockholders of record as of March 21, 2024, are eligible to vote.

Why It Matters

For investors and stakeholders tracking Alpine Income Property Trust, Inc., this filing contains several important signals. The online format for the annual meeting may impact accessibility and engagement for some stockholders. The election of directors and ratification of auditors are standard corporate governance procedures crucial for company oversight and financial integrity.

Risk Assessment

Risk Level: low — Alpine Income Property Trust, Inc. shows low risk based on this filing. The filing is a routine proxy statement (DEF 14A) and does not contain new financial performance data or strategic changes, indicating low immediate risk.

Analyst Insight

Stockholders should review the director nominees and the appointment of the auditor, and ensure their votes are submitted by the deadline.

Key Numbers

• 6 — Director Nominees (Number of director nominees to be elected)
• 1-year — Director Terms (Duration of director terms)
• 2024 — Fiscal Year (Fiscal year for which Grant Thornton LLP is being appointed)
• March 21, 2024 — Record Date (Date to determine stockholder eligibility to vote)
• May 22, 2024 — Annual Meeting Date (Date of the Annual Meeting of Stockholders)

Key Players & Entities

• Alpine Income Property Trust, Inc. (company) — Registrant name
• Grant Thornton LLP (company) — Independent registered public accounting firm
• May 22, 2024 (date) — Annual Meeting Date
• March 21, 2024 (date) — Record date for voting eligibility
• 2025 (date) — Director terms expiration year
• 2024 (date) — Fiscal year for auditor appointment

FAQ

Industry Context

Alpine Income Property Trust, Inc. is a real estate investment trust (REIT) focused on acquiring and managing net leased commercial properties.

Regulatory Implications

This filing is made under Section 14(a) of the Securities Exchange Act of 1934, which governs the solicitation of proxies.

What Investors Should Do

1. Review the list of director nominees and their qualifications.
2. Consider the ratification of Grant Thornton LLP as the independent auditor.
3. Submit your proxy vote online, by phone, or by mail before the meeting.

Key Dates

• 2024-05-22: Annual Meeting of Stockholders — Election of directors and ratification of auditors will occur.
• 2024-03-21: Record Date — Determines which stockholders are entitled to vote at the Annual Meeting.
• 2024-04-09: Filing Date — Date the DEF 14A filing was submitted to the SEC.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a definitive proxy statement. It follows the preliminary proxy statement and provides final details for the annual meeting.

Key Financial Figures

• $1.235 billion — annual gross revenue equals or exceeds $1.235 billion (subject to adjustment for inflation),
• $1 billion — ous three-year period, issued more than $1 billion in non-convertible debt, (iii) the date

Filing Documents

• tm249739-1_def14a.htm (DEF 14A) — 353KB
• cv_ifc-bw.jpg (GRAPHIC) — 89KB
• lg_alpineincome-bw.jpg (GRAPHIC) — 15KB
• px_alpineproxy1pg01-bw.jpg (GRAPHIC) — 216KB
• px_alpineproxy1pg02-bw.jpg (GRAPHIC) — 233KB
• sg_danielesmith-bw.jpg (GRAPHIC) — 7KB
• 0001104659-24-045214.txt (&nbsp;) — 1045KB

From the Filing

DEF 14A 1 tm249739-1_def14a.htm DEF 14A tm249739-1_def14a - none - 3.9687689s UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 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 Rule 14a-12 ALPINE INCOME PROPERTY TRUST, 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 the appropriate box): No fee required Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a6(i)(1) and 0-11 369 N. New York Ave, Suite 201 Winter Park, Florida 32789 April 9, 2024 NOTICE OF ANNUAL MEETING OF STOCKHOLDERS Annual Meeting Date: May 22, 2024 Time: 3:00 p.m. eastern time Location: Online Meeting Only—No Physical Location AGENDA: 1. Election of the six director nominees listed in the proxy statement for one-year terms expiring at the 2025 annual meeting of stockholders; 2. Ratify the appointment of Grant Thornton LLP as our independent registered public accounting firm for fiscal year 2024; and 3. Transact such other business as may properly come before the meeting or any adjournments or postponements thereof. Stockholders of record at the close of business on March 21, 2024, are entitled to notice of, and to participate in and vote at, the 2024 annual meeting of stockholders (including any adjournments or postponements thereof, the "Annual Meeting"). We hope you will be able to participate in the Annual Meeting. However, whether or not you plan to participate live in the Annual Meeting, you are urged to vote by telephone or online as instructed in the Notice of Internet Availability of Proxy Materials, in order to ensure your representation and the presence of a quorum at the Annual Meeting. You may also request a printed proxy card to submit your vote by mail. You will not receive a printed copy of the proxy materials unless you request them as instructed in the Notice of Internet Availability of Proxy Materials. If you submit your proxy (whether via internet, telephone or return of paper proxy card by mail) and then decide to participate live in the Annual Meeting and to vote your shares during the Annual Meeting, you may still do so. Your proxy is revocable in accordance with the procedures set forth in the accompanying proxy statement. By Order of the Board of Directors Daniel E. Smith Senior Vice President, General Counsel & Corporate Secretary Winter Park, Florida April 9, 2024 Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting of Stockholders to be Held on May 22, 2024: Alpine Income Property Trust, Inc.'s proxy statement in connection with the Annual Meeting and its Annual Report on Form 10-K for the year ended December 31, 2023 as filed with the Securities and Exchange Commission are available at: www.edocumentview.com/PINE GENERAL INFORMATION Why am I receiving this proxy statement? The board of directors (the "Board") of Alpine Income Property Trust, Inc., a Maryland corporation (the "Company," "we," "our" and "us"), is soliciting proxies for use at the 2024 annual meeting of stockholders to be held on Wednesday, May 22, 2024 at 3:00 p.m. eastern time (including any adjournments or postponements thereof, the "Annual Meeting"). The Annual Meeting will be held online in a "virtual only" format. On or about April 9, 2024, we mailed to you and our other stockholders a Notice of Internet Availability of Proxy Materials (the "Internet Availability Notice") containing instructions on (i) how to access online this proxy statement and our 2023 annual report, which includes our Annual Report on Form 10-K for the fiscal year ended December 31, 2023, and our audited consolidated financial statements included therein (collectively, the "Annual Report"); and (ii) how to vote your shares by telephone, over the Internet, or by mail. You will not receive a printed copy of the proxy materials and Annual Report unless you request them. If you would like to receive a printed copy of the proxy materials, including a printed proxy card on which you may submit your vote by mail, then you should follow the instructions for obtaining such materials contained in the Internet Availability Notice. What is a proxy? A proxy is your legal designation of another person to vote the shares you own. That other person is called a proxy. If you designate someone as your proxy, the document in which you make that designation is also called a proxy. What is a proxy statement? This docum

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View this DEF 14A filing on SEC EDGAR