secwatch.observer — SEC 8-K summary
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Issuer:     MODIV INDUSTRIAL, INC. (MDV)
CIK:        0001645873
Form:       8-K
Filed at:   2024-09-03T23:59:59+00:00
Accession:  0001140361-24-039838
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 5.08, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Modiv appoints Gingras to board; declares $0.4609375 preferred dividend, $0.09583 monthly common
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- Christopher Gingras appointed to board effective upon proxy filing (expected Sept 18), filling vacancies from McWilliams and Markman resignations.
- 2024 annual meeting set for Dec 11; record date Sept 17; shareholder proposal deadline Sept 13.
- Series A Preferred Q3 dividend $0.4609375/share, payable Oct 15 to holders of record Sept 30.
- Common stock monthly distributions $0.09583/share for Oct, Nov, Dec 2024, payable Nov 25, Dec 24, Jan 27.
- Annualized common distribution rate $1.15/share; yield 6.9% based on $16.64 close on Aug 30.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1645873/000114036124039838/0001140361-24-039838-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1645873/000114036124039838/ef20035272_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-039838

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