IRT terminates $450M equity distribution agreement, files new shelf registration

INDEPENDENCE REALTY TRUST, INC.

Terminated Sales Agreement effective June 12, 2026, as prior shelf registration expired.
Agreement allowed sale of up to $450M of common stock; no termination penalties incurred.
Filed new automatic shelf registration (S-3ASR, No. 333-296751) same day to replace expiring one.
New registration enables continued at-the-market equity issuances under updated shelf.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

INDEPENDENCE REALTY TRUST, INC. terminated Equity Distribution Agreement with each of the Managers and Forward Purchasers party to the Sales Agreement valued at $450,000,000 (effective 2026-06-12).

Action: termination
Agreement: equity purchase
Counterparty: each of the Managers and Forward Purchasers party to the Sales Agreement
Value: $450,000,000
Effective: 2026-06-12

Exact text from the filing

In connection with the expiration of the Prior Registration Statement, the Company and the Operating Partnership delivered written notice of its intention to terminate the Equity Distribution Agreement, dated as of July 28, 2023 (the “Sales Agreement”), by and among the Company, the Operating Partnership and each of the Managers and Forward Purchasers party to the Sales Agreement, relating to the Company’s offer and sale, from time to time, to or through the Managers as sales agents and/or principals or as forward sellers, as agents for the Forward Purchasers, shares of its common stock, $0.01 par value per share, up to an aggregate gross sales price of $450,000,000.

View on SEC.gov

802 material agreements filed in the last 30 days. Browse all material agreements →

INDEPENDENCE REALTY TRUST, INC. filing history →

Source: SEC EDGAR

accession 0001437749-26-020495

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