secwatch.observer — SEC 8-K summary
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Issuer:     GLADSTONE LAND Corp (LAND)
CIK:        0001495240
Form:       8-K
Filed at:   2021-07-14T23:59:59+00:00
Accession:  0001193125-21-215252
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gladstone Land amends advisory agreement, increases base management fee from 0.50% to 0.60% annual rate
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- Base Management Fee raised to 0.60% (0.15% quarterly) of prior quarter's Gross Tangible Real Estate, effective Q3 2021.
- Previous fee was 0.50% annual rate; all other terms of the advisory agreement remain unchanged.
- Amendment approved unanimously by the board, including independent directors.
- Fifth Amended and Restated Investment Advisory Agreement dated July 13, 2021, with Gladstone Management Corporation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1495240/000119312521215252/0001193125-21-215252-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1495240/000119312521215252/d190759d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-215252

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