secwatch.observer — SEC 8-K summary
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Issuer:     Presidio Property Trust, Inc. (SQFT)
CIK:        0001080657
Form:       8-K
Filed at:   2026-01-28T23:59:59+00:00
Accession:  0001493152-26-004044
Event type: dividend
Sentiment:  negative
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Presidio Property Trust suspends Series D preferred stock dividend; to preserve ~$2.3M cash annually
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- Monthly dividend on 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock suspended starting Jan 2026 payment (due Feb 15, 2026).
- Unpaid dividends will accrue at $0.19531 per share each month.
- Estimated cash preservation of approximately $2.3 million annually.
- CEO cites CMBS office mortgage delinquency rates above 2008 levels; company focusing on Model Home portfolio and reducing expenses.
- Board will reassess quarterly for reinstatement or payment of accrued dividends.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1080657/000149315226004044/0001493152-26-004044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1080657/000149315226004044/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-004044

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