---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-117045"
form_type: "8-K"
ticker: "SITC"
cik: "0000894315"
company_name: "SITE Centers Corp."
filed_at: "2024-10-24T23:59:59+00:00"
generated_at: "2026-05-30T10:50:10.428527+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# SITE Centers to redeem all 6.375% Class A Preferred Shares on Nov 26, expects ~$6.1M charge

## Summary
- Redeeming all 350,000 outstanding 6.375% Class A Preferred Shares (7M Depositary Shares) on or about Nov 26, 2024.
- Redemption price of $503.6302 per Class A Preferred Share ($25.1815 per Depositary Share), includes accrued dividends.
- Expects ~$6.1M charge to net income attributable to common shareholders in Q4 2024 from write-off of issuance costs.
- After Nov 26, redeemed shares cease to be outstanding; holders only have right to redemption price.

## SEC filing metadata
- accession: 0000950170-24-117045
- form_type: 8-K
- ticker: SITC
- cik: 0000894315
- company_name: SITE Centers Corp.
- filed_at: 2024-10-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/894315/000095017024117045/0000950170-24-117045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/894315/000095017024117045/sitc-20241024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-117045
- JSON: https://secwatch.observer/filing/0000950170-24-117045.json
- Plain text: https://secwatch.observer/filing/0000950170-24-117045.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.