Whitestone REIT Files Proxy Statement for Shareholder Meeting

TL;DR

WSTR proxy filed - get ready to vote!

AI Summary

Whitestone REIT (WSTR) filed a DEFA14A proxy statement on May 10, 2024, related to its upcoming annual meeting. The filing indicates the company is soliciting shareholder votes and provides information for the meeting, though specific proposals or voting matters are not detailed in this excerpt. The company's principal executive offices are located at 2600 South Gessner Street, Suite 500, Houston, TX 77063.

Why It Matters

This filing is crucial for shareholders as it outlines the information needed to participate in the company's annual meeting, including how to vote on important corporate matters.

Risk Assessment

Risk Level: low — This is a standard proxy filing for an annual meeting, not indicating any immediate financial distress or unusual corporate actions.

Key Players & Entities

• Whitestone REIT (company) — Registrant
• 2600 SOUTH GESSNER STREET, SUITE 500, HOUSTON, TX 77063 (company) — Business and Mail Address
• 0001175535 (company) — Central Index Key
• 760594970 (company) — IRS Number

FAQ

Key Financial Figures

• $0.86 — owth: Core FFO per Share has grown from $0.86 in 2021 to $0.91 for 2023 (up nearly 6%
• $0.91 — r Share has grown from $0.86 in 2021 to $0.91 for 2023 (up nearly 6%). It is anticipa
• $1.01 — row an additional +11% in 2024 to reach $1.01 per share (the midpoint of our $0.98 -
• $0.98 — ch $1.01 per share (the midpoint of our $0.98 - $1.04 guidance range). 3. Lower Le
• $1.04 — per share (the midpoint of our $0.98 - $1.04 guidance range). 3. Lower Leverage a

Filing Documents

• wstr20240510_defa14a.htm (DEFA14A) — 220KB
• 0001437749-24-015969.txt ( ) — 221KB

Forward-Looking Statements

Forward-Looking Statements This Report contains forward-looking statements within the meaning of the federal securities laws, including discussion and analysis of our financial condition and results of operations, statements related to our expectations regarding the performance of our business, and other matters. These forward-looking statements are not historical facts but are the intent, belief or current expectations of our management based on its knowledge and understanding of our business and industry. Forward-looking statements are typically identified by the use of terms such as "may," "will," "should," "potential," "predicts," "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates" or the negative of such terms and variations of these words and similar expressions, although not all forward-looking statements include these words. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond our control, are difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements. Factors that could cause actual results to differ materially from any forward-looking statements made in this Report include: the imposition of federal income taxes if we fail to qualify as a real estate investment trust ("REIT") in any taxable year or forego an opportunity to ensure REIT status; uncertainties related to the national economy, the real estate industry in general and in our specific markets; legislative or regulatory changes, including changes to laws governing REITs; adverse economic or real estate developments or conditions in Texas or Arizona, Houston and Phoenix in particular, including the potential impact of public health emergencies, such as COVID-19, on our tenants' ability to pay their rent, which could result in bad debt allowances or straight-line rent reserve adjustments; increases in

View Full Filing

View this DEFA14A filing on SEC EDGAR