---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-036452"
form_type: "8-K"
ticker: "MDV"
cik: "0001645873"
company_name: "MODIV INDUSTRIAL, INC."
filed_at: "2023-07-27T23:59:59+00:00"
generated_at: "2026-06-13T00:34:24.952490+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.05
calibrated_materiality_score: 0.05
confidence: "high"
source: SEC EDGAR
---

# Modiv elects 7 directors, ratifies Grant Thornton, approves say-on-pay at 2023 annual meeting

## Summary
- All seven director nominees elected with between 3.6M and 3.78M votes for; broker non-votes 576,426.
- Ratification of Grant Thornton as auditor for FY2023 approved: 4,392,837 for, 265,786 against.
- Advisory say-on-pay proposal approved: 3,070,534 for, 844,203 against, 492,252 abstentions.

## SEC filing metadata
- accession: 0001140361-23-036452
- form_type: 8-K
- ticker: MDV
- cik: 0001645873
- company_name: MODIV INDUSTRIAL, INC.
- filed_at: 2023-07-27T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.05
- calibrated_materiality_score: 0.05
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1645873/000114036123036452/0001140361-23-036452-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1645873/000114036123036452/brhc20056559_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-036452
- JSON: https://secwatch.observer/filing/0001140361-23-036452.json
- Plain text: https://secwatch.observer/filing/0001140361-23-036452.txt

## Key facts
- Shareholder Votes
  MODIV INDUSTRIAL, INC. shareholders approved Election of seven directors for a term expiring at the 2024 annual meeting of stockholders at the 2023-07-25 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-07-25
  source text: All of the director nominees listed below were elected by the Registrant’s stockholders to hold office until the next annual meeting of stockholders in 2024 and until his or her respective successor has been duly elected and qualifies or until his or her earlier resignation or removal, as follows:
  evidence_url: https://www.sec.gov/Archives/edgar/data/1645873/000114036123036452/0001140361-23-036452-index.htm
- Shareholder Votes
  MODIV INDUSTRIAL, INC. shareholders approved Ratification of appointment of Grant Thornton LLP as independent registered public accounting firm for year ending December 31, 2023 at the 2023-07-25 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-07-25
  source text: The Registrant’s stockholders ratified the appointment of Grant Thornton LLP as the Registrant’s independent registered public accounting firm for the fiscal year ending December 31, 2023, as follows:
  evidence_url: https://www.sec.gov/Archives/edgar/data/1645873/000114036123036452/0001140361-23-036452-index.htm
- Shareholder Votes
  MODIV INDUSTRIAL, INC. shareholders approved Advisory (non-binding) approval of compensation paid to named executive officers for year ended December 31, 2022 at the 2023-07-25 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2023-07-25
  source text: The Registrant’s stockholders approved, on an advisory (non-binding) basis, the compensation paid to the Registrant’s named executive officers for the year ended December 31, 2022, as follows:
  evidence_url: https://www.sec.gov/Archives/edgar/data/1645873/000114036123036452/0001140361-23-036452-index.htm

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