---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-109223"
form_type: "8-K"
ticker: "PINE"
cik: "0001786117"
company_name: "Alpine Income Property Trust, Inc."
filed_at: "2025-11-10T23:59:59+00:00"
generated_at: "2026-05-16T22:32:07.206822+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Alpine Income Property Trust prices 2M share Series A Preferred Stock offering at $25 per share

## Summary
- Company issued 2,000,000 shares of 8.00% Series A Cumulative Redeemable Preferred Stock at $25.00 per share, with underwriter option for up to 300,000 additional shares.
- Dividends on Series A Preferred Stock are cumulative at 8.00% per annum, payable quarterly starting December 31, 2025.
- Preferred Stock ranks senior to common stock; not redeemable before November 12, 2030 except in limited circumstances.
- Manager waived portion of base management fee on incremental equity from preferred stock, reducing rate to 0.75% per annum.
- Underwriting agreement with Raymond James, Stifel, and Robert W. Baird; offering expected to close November 12, 2025.

## SEC filing metadata
- accession: 0001104659-25-109223
- form_type: 8-K
- ticker: PINE
- cik: 0001786117
- company_name: Alpine Income Property Trust, Inc.
- filed_at: 2025-11-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 3.03, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1786117/000110465925109223/0001104659-25-109223-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1786117/000110465925109223/tm2530776d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-109223
- JSON: https://secwatch.observer/filing/0001104659-25-109223.json
- Plain text: https://secwatch.observer/filing/0001104659-25-109223.txt

## Key facts
- Governance Changes
  Alpine Income Property Trust, Inc.: Classified and designated 2,300,000 shares of Series A Preferred Stock via Articles Supplementary (effective 2025-11-10).
  - Change: charter amendment
  - Effective: 2025-11-10
  source text: On November 10, 2025, the Company filed the Articles Supplementary with the SDAT designating the powers, preferences and privileges of the Series A Preferred Stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1786117/000110465925109223/0001104659-25-109223-index.htm

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