---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-018672"
form_type: "8-K"
ticker: "SQFT"
cik: "0001080657"
company_name: "Presidio Property Trust, Inc."
filed_at: "2024-05-10T23:59:59+00:00"
generated_at: "2026-06-02T03:19:04.554847+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Presidio Property Trust reaches cooperation agreement with Zuma; appoints Elena Piliptchak to board

## Summary
- Zuma group holds 1,103,655 shares (~7.6% of common stock), withdraws director nominations.
- Board expanded from six to seven; Elena Piliptchak appointed as Class III director with term to 2026.
- Investor group subject to standstill until 2026 annual meeting; ownership capped at 8%.
- Company to reimburse Zuma group up to $100,000 for out-of-pocket fees and expenses.
- Zuma group agrees to vote in line with board recommendations at 2024 annual meeting.

## SEC filing metadata
- accession: 0001493152-24-018672
- form_type: 8-K
- ticker: SQFT
- cik: 0001080657
- company_name: Presidio Property Trust, Inc.
- filed_at: 2024-05-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1080657/000149315224018672/0001493152-24-018672-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1080657/000149315224018672/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-018672
- JSON: https://secwatch.observer/filing/0001493152-24-018672.json
- Plain text: https://secwatch.observer/filing/0001493152-24-018672.txt

## Key facts
- Executive change
  Elena Piliptchak was appointed as Class III member of the Board at Presidio Property Trust, Inc..
  - Action: appointed
  - Role: Class III member of the Board
  source text: Effective May 9, 2024, Elena Piliptchak has been appointed as a Class III member of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1080657/000149315224018672/0001493152-24-018672-index.htm
- Material Agreements
  Presidio Property Trust, Inc. entered into Cooperation Agreement with Zuma Capital Management, LLC (effective 2024-05-09).
  - Action: entry
  - Counterparty: Zuma Capital Management, LLC
  - Effective: 2024-05-09
  source text: On May 9, 2024, Presidio Property Trust, Inc. (the “Company”) entered into a cooperation agreement (the “Cooperation Agreement”) with Zuma Capital Management, LLC (“Zuma”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1080657/000149315224018672/0001493152-24-018672-index.htm

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