Sila Realty Trust Files 8-K on Security Holder Vote
Ticker: SILA · Form: 8-K · Filed: Jun 26, 2024 · CIK: 1567925
Sentiment: neutral
Topics: corporate-governance, shareholder-vote, reit
TL;DR
Sila Realty Trust is holding a security holder vote; expect updates on corporate decisions.
AI Summary
Sila Realty Trust, Inc. filed an 8-K on June 26, 2024, to report on the submission of matters to a vote of its security holders. The filing indicates that the company, formerly known as Carter Validus Mission Critical REIT II, Inc., is based in Tampa, Florida, and operates as a Real Estate Investment Trust.
Why It Matters
This filing is important for investors as it signals a formal process where security holders will vote on company matters, potentially impacting the future direction or governance of Sila Realty Trust.
Risk Assessment
Risk Level: low — The filing is procedural and reports on a vote, not on immediate financial distress or significant operational changes.
Key Players & Entities
- Sila Realty Trust, Inc. (company) — Registrant
- Carter Validus Mission Critical REIT II, Inc. (company) — Former Company Name
- June 26, 2024 (date) — Date of Report
- Tampa, Florida (location) — Principal Executive Offices
FAQ
What specific matters will be submitted to a vote of Sila Realty Trust's security holders?
The filing does not specify the exact matters to be voted on, only that matters are being submitted for a vote.
When is the vote expected to take place?
The filing does not provide a date for the vote, only that matters are being submitted for a vote as of June 26, 2024.
What is the significance of Sila Realty Trust formerly being known as Carter Validus Mission Critical REIT II, Inc.?
This indicates a name change occurred, but the filing does not detail the reasons or implications of this change.
Where are Sila Realty Trust's principal executive offices located?
Sila Realty Trust's principal executive offices are located at 1001 Water St. Suite 800, Tampa, Florida 33602.
What is the primary business of Sila Realty Trust?
Sila Realty Trust is a Real Estate Investment Trust (REIT).
Filing Stats: 749 words · 3 min read · ~2 pages · Grade level 8.5 · Accepted 2024-06-26 16:07:23
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 par value per share SILA New York Stock
Filing Documents
- cik0001567925-20240626.htm (8-K) — 47KB
- 0001567925-24-000061.txt ( ) — 173KB
- cik0001567925-20240626.xsd (EX-101.SCH) — 2KB
- cik0001567925-20240626_lab.xml (EX-101.LAB) — 22KB
- cik0001567925-20240626_pre.xml (EX-101.PRE) — 13KB
- cik0001567925-20240626_htm.xml (XML) — 3KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. As disclosed in the Current Report on Form 8-K that it filed with the Securities and Exchange Commission on May 22, 2024, Sila Realty Trust, Inc. (the "Company") held its 2024 Annual Meeting of Stockholders (the "Annual Meeting") on May 22, 2024. At that time, there were not present nor represented by proxy a sufficient number of shares of the Company's common stock to constitute a quorum. Accordingly, the Company adjourned the Annual Meeting to June 26, 2024, without any business being conducted. On June 26, 2024, the Annual Meeting was reconvened, at which the Company's stockholders (i) elected six directors – Z. Jamie Behar, Adrienne Kirby, Jonathan Kuchin, Verett Mims, Roger Pratt, and Michael Seton – to the board of directors of the Company (the "Board") to hold office until the 2025 Annual Meeting of Stockholders and until their successors are duly elected and qualified; (ii) approved, on a non-binding advisory basis, the Company's executive compensation ("say-on-pay"); and (iii) ratified the appointment of KPMG LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024. Note that voting results are stated in amounts not yet reflecting the effect of the one-for-four reverse stock split completed by the Company, effective May 1, 2024, as the record date for the Annual Meeting was March 22, 2024. PROPOSAL NO. 1 — ELECTION OF DIRECTORS The voting results with respect to the election of directors were as follows: Name of Director For Against Abstain Broker Non-Votes Z. Jamie Behar 80,233,459.34 10,814,357.61 7,147,705.08 19,674,739.00 Adrienne Kirby 80,567,448.56 10,499,280.79 7,128,792.68 19,674,739.00 Jonathan Kuchin 80,446,033.74 10,530,930.16 7,218,558.13 19,674,739.00 Verett Mims 80,215,423.41 10,647,842.20 7,332,256.42 19,674,739.00 Roger Pratt 80,324,975.56 10,395,804.08 7,474,742.39 19,674,739.00 Michael Seton 80,418,192.40 10,537,261.53