Essential Properties Realty Trust Announces Board and Executive Changes
Ticker: EPRT · Form: 8-K · Filed: 2024-10-07T00:00:00.000Z
Sentiment: neutral
Topics: management-change, executive-compensation, board-of-directors
Related Tickers: EPRT
TL;DR
EPRT board shakeup and exec comp changes filed. Watch for details.
AI Summary
Essential Properties Realty Trust, Inc. announced on October 3, 2024, changes in its board of directors and executive compensation arrangements. The filing details the departure of certain officers and directors, the election of new directors, and updates to compensatory arrangements for key executives. Specific financial figures related to these changes were not detailed in this initial filing.
Why It Matters
Changes in a company's leadership and executive compensation can signal shifts in strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in board composition and executive compensation can indicate underlying strategic shifts or governance issues that may affect the company's future performance and stock price.
Key Players & Entities
- Essential Properties Realty Trust, Inc. (company) — Registrant
- Maryland (jurisdiction) — State of incorporation
- October 3, 2024 (date) — Date of earliest event reported
FAQ
Who has departed from Essential Properties Realty Trust, Inc.?
The filing indicates the departure of certain officers and directors, though specific names are not listed in the provided text.
What is the date of the earliest event reported in this 8-K?
The date of the earliest event reported is October 3, 2024.
What are the main items covered in this 8-K filing?
This 8-K filing covers the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers, as well as financial statements and exhibits.
Where is Essential Properties Realty Trust, Inc. headquartered?
The principal executive offices are located at 902 Carnegie Center Blvd., Suite 520, Princeton, New Jersey 08540.
What is the SIC code for Essential Properties Realty Trust, Inc.?
The Standard Industrial Classification (SIC) code for Essential Properties Realty Trust, Inc. is 6798, which corresponds to Real Estate Investment Trusts.
Filing Stats: 932 words · 4 min read · ~3 pages · Grade level 12.4 · Accepted 2024-10-07 16:18:53
Key Financial Figures
- $0.01 — ange on Which Registered Common stock, $0.01 par value EPRT New York Stock Exchange
- $520,000 — lary at an annual rate of not less than $520,000 ("Base Salary"). For each fiscal year d
Filing Documents
- eprt-20241003.htm (8-K) — 30KB
- exhibit101.htm (EX-10.1) — 175KB
- 0001728951-24-000148.txt ( ) — 361KB
- eprt-20241003.xsd (EX-101.SCH) — 2KB
- eprt-20241003_lab.xml (EX-101.LAB) — 22KB
- eprt-20241003_pre.xml (EX-101.PRE) — 13KB
- eprt-20241003_htm.xml (XML) — 3KB
01 — Financial Statements and Exhibits
Item 9.01 — Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Employment Agreement, effective as of October 3, 2024, by and between Essential Properties Realty Trust, Inc. and Mark E. Patten 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: October 7, 2024 ESSENTIAL PROPERTIES REALTY TRUST, INC. By: /s/ Mark E. Patten Mark E. Patten Executive Vice President, Chief Financial Officer, Treasurer and Corporate Secretary