---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-045681"
form_type: "8-K"
ticker: "KIM"
cik: "0000879101"
company_name: "KIMCO REALTY CORP"
filed_at: "2022-12-15T23:59:59+00:00"
generated_at: "2026-06-21T04:28:59.622677+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Kimco Realty to reorganize into UPREIT structure effective Jan 1, 2023

## Summary
- Each outstanding common and preferred share converts automatically into identical share of New Kimco.
- No shareholder vote required; merger expected tax-free for federal income tax purposes.
- Ticker symbols KIM, KIMprL, KIMprM and dividends unchanged; management and board remain same.
- UPREIT structure enhances ability to acquire properties through tax-deferred contributions.
- Conversion to LLC 'Kimco Realty OP' follows merger; no material impact on financial statements or debt.

## SEC filing metadata
- accession: 0001140361-22-045681
- form_type: 8-K
- ticker: KIM
- cik: 0000879101
- company_name: KIMCO REALTY CORP
- filed_at: 2022-12-15T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/879101/000114036122045681/0001140361-22-045681-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/879101/000114036122045681/brhc10045444_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-045681
- JSON: https://secwatch.observer/filing/0001140361-22-045681.json
- Plain text: https://secwatch.observer/filing/0001140361-22-045681.txt

## Key facts
- Governance Changes
  KIMCO REALTY CORP: Filed articles supplementary to reclassify certain unissued preferred shares as shares without designation (effective 2022-12-15).
  - Change: charter amendment
  - Effective: 2022-12-15
  source text: On December 15, 2022, Kimco Realty Corporation, a Maryland corporation (“ Kimco ”), filed with the State Department of Assessments and Taxation (the “ SDAT ”) articles supplementary (the “ Articles Supplementary ”) to its charter to reclassify all of the authorized but unissued shares of 6.000% Class I Cumulative Redeemable Preferred Stock, $1.00 par value per share, 5.625% Class K Cumulative Redeemable Preferred Stock, $1.00 par value per share, Class F Excess Preferred Stock, $1.00 par value per share, Class G Excess Preferred Stock, $1.00 par value per share, Class H Excess Preferred Stock, $1.00 par value per share, Class I Excess Preferred Stock, $1.00 par value per share, Class J Excess Preferred Stock, $1.00 par value per share, and Class K Excess Preferred Stock, $1.00 par value per share, as shares of our preferred stock without designation.
  evidence_url: https://www.sec.gov/Archives/edgar/data/879101/000114036122045681/0001140361-22-045681-index.htm

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