Transcontinental Realty Investors Files 2024 Proxy Statement
Ticker: TCI · Form: DEF 14A · Filed: Nov 14, 2024 · CIK: 733590
| Field | Detail |
|---|---|
| Company | Transcontinental Realty Investors INC (TCI) |
| Form Type | DEF 14A |
| Filed Date | Nov 14, 2024 |
| Risk Level | low |
| Pages | 15 |
| Reading Time | 18 min |
| Key Dollar Amounts | $12,000, $30,000, $500, $1,000, $54,332 |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, annual-filing, real-estate
TL;DR
TCI filed its 2024 proxy statement, shareholders get to vote on company matters.
AI Summary
Transcontinental Realty Investors, Inc. (TCI) filed a Definitive Proxy Statement (DEF 14A) on November 14, 2024, for the fiscal year ending December 31, 2024. The filing, which does not require a fee, pertains to the company's proxy materials. TCI, a real estate investment trust incorporated in Nevada, is headquartered in Dallas, Texas.
Why It Matters
This filing provides shareholders with essential information regarding the company's governance and upcoming shareholder meetings, enabling informed voting decisions.
Risk Assessment
Risk Level: low — This is a routine annual filing providing information to shareholders and does not indicate any immediate financial distress or significant operational changes.
Key Numbers
- 20241211 — Fiscal Year End (The proxy statement is for the fiscal year ending on this date.)
- 20241114 — Filing Date (The definitive proxy statement was filed on this date.)
Key Players & Entities
- TRANSCONTINENTAL REALTY INVESTORS INC (company) — Registrant
- 0000733590 (company) — Central Index Key
- 1603 LBJ FREEWAY SUITE 800 DALLAS TX 75234 (company) — Business Address
- 4695224200 (dollar_amount) — Business Phone
- JOHNSTOWN CONSOLIDATED REALTY TRUST (company) — Former Company Name
FAQ
What is the purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Definitive Proxy Statement, is used by companies to solicit proxies from shareholders for an upcoming shareholder meeting.
When is the fiscal year end for Transcontinental Realty Investors, Inc. according to this filing?
The fiscal year end for Transcontinental Realty Investors, Inc. is December 31, 2024.
What is the filing date of this Definitive Proxy Statement?
The Definitive Proxy Statement was filed on November 14, 2024.
Is there a filing fee associated with this DEF 14A filing?
No, the filing indicates that no fee is required for this filing.
What was Transcontinental Realty Investors, Inc. previously known as?
Transcontinental Realty Investors, Inc. was formerly known as JOHNSTOWN CONSOLIDATED REALTY TRUST.
Filing Stats: 4,610 words · 18 min read · ~15 pages · Grade level 13.5 · Accepted 2024-11-14 14:26:50
Key Financial Figures
- $12,000 — titled to receive an annual retainer of $12,000 plus reimbursement for expenses. Prior
- $30,000 — r was entitled to an annual retainer of $30,000. The Chairman of the Board does not cur
- $500 — dit Committee receives an annual fee of $500. In addition, each independent director
- $1,000 — director receives an additional fee of $1,000 per day for any special services render
- $54,332 — r service as a director. During 2023, $54,332 was paid to the nonemployee directors i
- $3,000 — ectors were Fernando Victor Lara Celis ($3,000), Ted Munselle ($12,500), William J. Ho
- $12,500 — ctor Lara Celis ($3,000), Ted Munselle ($12,500), William J. Hogan ($12,000), Robert A.
- $5,832 — Jakuszewski ($12,000) Henry A. Butler ($5,832) and Raymond D. Roberts, Sr., a former
- $9,000 — director who resigned October 10, 2023 $9,000). Stockholders’ Communication w
Filing Documents
- tci-def14a_121124.htm (DEF 14A) — 265KB
- 0001839882-24-039179.txt ( ) — 266KB
financial statements to its common stockholders
financial statements to its common stockholders. 3 Multiple Stockholders Sharing the Same Address The SEC rules allow for the delivery of a single copy of an annual report and proxy statement to any household at which two or more stockholders reside, if it is believed the stockholders are members of the same family. Duplicate account mailings will be eliminated by allowing stockholders to consent to such elimination, or through implied consent if a stockholder does not request continuation of duplicate mailings. Depending upon the practices of your broker, bank or other nominee, you may need to contact them directly to continue duplicate mailings to your household. If you wish to revoke your consent to house holding, you must contact your broker, bank or other nominee. If you hold shares of common stock in your own name as a holder of record, house holding will not apply to your shares. If you wish to request extra copies free of charge of any annual report, proxy statement or information statement, please send your request to Transcontinental Realty Investors, Inc., Attention: Investor Relations, 1603 LBJ Freeway, Suite 800, Dallas, Texas 75234 or call (800) 400-6407. Questions You may call our Investor Relations Department at 800-400-6407 if you have any questions. PLEASE VOTE - YOUR VOTE IS IMPORTANT 4 Corporate Governance and Board Matters The affairs of the Company are managed by the Board of Directors. The Directors are elected at the annual meeting of stockholders each year or appointed by the incumbent Board of Directors and serve until the next annual meeting of stockholders or until a successor has been elected or approved. During the past few years, changes occurred in the membership of the Board of Directors. On January 28, 2020, the Board was expanded from four to five, and William J. Hogan was elected, effective February 1, 2020, to fill the vacancy created by the expansion. On March 10, 2021, the Board was expanded from five to