SL Green Operating Partnership Files 8-K
| Field | Detail |
|---|---|
| Company | Sl Green Operating Partnership, L.P. |
| Form Type | 8-K |
| Filed Date | Aug 15, 2025 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.01, $600,000, $1,450,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, financials, officer-changes
Related Tickers: SLG
TL;DR
SL Green Operating Partnership filed an 8-K on 8/15/25 for director/officer changes and financials.
AI Summary
SL Green Operating Partnership, L.P. filed an 8-K on August 15, 2025, reporting changes in directors and officers, and compensatory arrangements. The filing also includes financial statements and exhibits related to the period ending August 13, 2025.
Why It Matters
This 8-K filing indicates potential shifts in the company's leadership and executive compensation structure, which could impact strategic direction and investor confidence.
Risk Assessment
Risk Level: low — The filing is a routine 8-K reporting standard corporate actions and financial updates, not indicating immediate financial distress or significant negative events.
Key Players & Entities
- SL GREEN OPERATING PARTNERSHIP, L.P. (company) — Filer
- SL GREEN REALTY CORP (company) — Filer
- 20250813 (date) — Period of Report
- 20250815 (date) — Filing Date
FAQ
What specific changes were made regarding directors or officers?
The filing indicates 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers' as an item of information, but the specific details of these changes are not provided in the provided text snippet.
What type of financial statements were included in the filing?
The filing states 'Financial Statements and Exhibits' as an item of information, but the specific nature or content of these financial statements is not detailed in the provided text.
What is the SIC code for SL Green Realty Corp?
The SIC code for SL Green Realty Corp is 6798, which corresponds to Real Estate Investment Trusts.
What is the fiscal year end for SL Green Operating Partnership, L.P.?
The fiscal year end for SL Green Operating Partnership, L.P. is December 31st (1231).
What is the SEC file number for SL Green Realty Corp?
The SEC file number for SL Green Realty Corp is 001-13199.
Filing Stats: 1,221 words · 5 min read · ~4 pages · Grade level 11.2 · Accepted 2025-08-15 16:21:36
Key Financial Figures
- $0.01 — reen Realty Corp. SLG Common Stock, $0.01 par value New York Stock Exchange S
- $600,000 — the Change-in-Control. Base Salary: $600,000 per year. Annual Bonus: Opportunity
- $1,450,000 — arget performance will not be less than $1,450,000. Each award will provide for full accel
Filing Documents
- tm2523493d1_8k.htm (8-K) — 57KB
- tm2523493d1_ex10-1.htm (EX-10.1) — 156KB
- 0001104659-25-079259.txt ( ) — 479KB
- slg-20250813.xsd (EX-101.SCH) — 4KB
- slg-20250813_def.xml (EX-101.DEF) — 28KB
- slg-20250813_lab.xml (EX-101.LAB) — 37KB
- slg-20250813_pre.xml (EX-101.PRE) — 26KB
- tm2523493d1_8k_htm.xml (XML) — 9KB
02. Departure of Directors or Certain Officers; Election
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Extension of Andrew S. Levine as Chief Legal Officer and General Counsel On August 13, 2025, Andrew S. Levine and SL Green Realty Corp. (the "Company") agreed to extend Mr. Levine's term as Chief Legal Officer and General Counsel for an additional three years through January 1, 2028. The effective date of the new agreement is January 1, 2025. The following summarizes the material terms of the new agreement entered into by the Company and Mr. Levine in connection with this extension: Term: Three years (1/1/25 — 1/1/28). In the event that a Change-in-Control occurs within 18 months prior to the scheduled expiration of the term, Mr. Levine may extend the term until the date that is 18 months after the Change-in-Control. Base Salary: $600,000 per year. Annual Bonus: Opportunity to earn 50-150% of base salary upon the achievement of specific goals established in advance by the Compensation Committee of the Company (the "Compensation Committee"), plus the opportunity to earn an additional amount equal to the amount earned on a formulaic basis upon the achievement of such specific goals, to be determined by the Compensation Committee in its discretion, resulting in a maximum bonus opportunity of up to 300% of base salary. Annual Time-Based Awards: Beginning in 2025, Mr. Levine will be eligible to receive an annual award of time-based LTIP units based on the Company's performance during the prior year, with an equal amount of each award vesting on each January 1 st following such award during the remainder of the term of the employment agreement (i.e., awards made in January 2025, 2026 and 2027 will vest over approximately three years, two years and one year, respectively). The value of the award each year will be determined by the Compensation Committee based on its evaluation of Mr. Levine's perfo
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description of Exhibits 10.1 Amended and Restated Employment and Noncompetition Agreement, dated as of August 13, 2025, by and between SL Green Realty Corp. and Andrew Levine. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 3
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. SL GREEN REALTY CORP. By: /s/ Andrew S. Levine Name: Andrew S. Levine Title: Executive Vice President, Chief Legal Officer and General Counsel SL GREEN OPERATING PARTNERSHIP, L.P. By: SL GREEN REALTY CORP., its general partner By: /s/ Andrew S. Levine Name: Andrew S. Levine Title: Executive Vice President, Chief Legal Officer and General Counsel Date: August 15, 2025