---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-024453"
form_type: "8-K"
ticker: "GYRO"
cik: "0001589061"
company_name: "Gyrodyne, LLC"
filed_at: "2023-08-22T23:59:59+00:00"
generated_at: "2026-06-11T05:36:26.262943+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.15
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Gyrodyne enters confidentiality pact with Star Equity for possible equity plan adoption and bonus plan amendment

## Summary
- Confidentiality agreement signed August 16, 2023 with Star Equity Fund to facilitate discussions about 2023 annual meeting.
- Discussions concern possible adoption of an equity compensation plan and amendment to existing retention bonus plan.
- Confidentiality obligations expire on August 25, 2023, or earlier if Gyrodyne publicly discloses board approval of the transaction.

## SEC filing metadata
- accession: 0001437749-23-024453
- form_type: 8-K
- ticker: GYRO
- cik: 0001589061
- company_name: Gyrodyne, LLC
- filed_at: 2023-08-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.15
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1589061/000143774923024453/0001437749-23-024453-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1589061/000143774923024453/gyrllc20230822_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-024453
- JSON: https://secwatch.observer/filing/0001437749-23-024453.json
- Plain text: https://secwatch.observer/filing/0001437749-23-024453.txt

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