{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-010982","form_type":"8-K","ticker":"SQFT","cik":"0001080657","company_name":"Presidio Property Trust, Inc.","filed_at":"2024-03-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.309333+00:00","generated_at":"2026-06-04T08:58:09.932471+00:00","sec_items":["5.03","9.01"],"event_type":"other","sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"confidence":"high","headline":"Presidio Property Trust adopts classified board structure, assigns directors to staggered three-year terms","bullets":["Board classified into three classes under Maryland law, effective March 18, 2024.","Class I (term until 2024 annual meeting): David Bruen, Steven Hightower.","Class II (term until 2025 annual meeting): Jennifer Barnes, Tracie Hager.","Class III (term until 2026 annual meeting): Jack Heilbron, James Durfey.","Articles Supplementary filed with Maryland State Department of Assessments and Taxation."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-010982","json":"https://secwatch.observer/filing/0001493152-24-010982.json","markdown":"https://secwatch.observer/filing/0001493152-24-010982.md","text":"https://secwatch.observer/filing/0001493152-24-010982.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1080657/000149315224010982/0001493152-24-010982-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1080657/000149315224010982/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T08:58:09.932471+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ca5cc0e2002287c6e9fc0760ec7c9e9112143429","claim":"Presidio Property Trust, Inc.: The Board approved a resolution to classify the Board into three classes with staggered three-year terms, and filed Articles Supplementary to elect classification under MGCL Section 3-803, effective March 18, 2024 (effective 2024-03-18).","evidence_excerpt":"The Board of Directors (the “Board”) of Presidio Property Trust, Inc., a Maryland corporation (the “Company”), approved a resolution to classify the Board pursuant to Section 3-803 of the Maryland General Corporation Law (“MGCL”) into three classes with directors serving three year terms.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1080657/000149315224010982/0001493152-24-010982-index.htm","confidence":0.95,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"},{"label":"Effective","value":"2024-03-18"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}