secwatch.observer — SEC 8-K summary
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Issuer:     Rexford Industrial Realty, Inc. (REXR)
CIK:        0001571283
Form:       8-K
Filed at:   2025-12-22T23:59:59+00:00
Accession:  0001571283-25-000064
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Rexford Industrial CEO succession: Laura Clark to become CEO Apr 1, 2026; co-CEOs step down
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- Laura Clark, current COO, becomes CEO effective April 1, 2026; co-CEOs Frankel and Schwimmer depart March 31, 2026. Clark base salary $850k.
- 2026 base salaries: CFO Fitzmaurice $600k, GC Lanzer $565k; Frankel and Schwimmer each get pro rata $250k through March 31.
- Equity grants (Time-Vesting LTIP): Clark $2.465M, Fitzmaurice $800k, Lanzer $614k; Performance-Vesting at target: Clark $3.698M, Fitzmaurice $1.2M, Lanzer $921k.
- Cash incentive opportunity: CEO 100%-175%-250% of salary; CFO 100%-150%-200%; GC 100%-125%-175%. Metrics: Core FFO, Same Property NOI, Qualitative.
- Performance-vesting LTIP metrics changed to 100% relative TSR (vs Nareit Industrial & Dow Jones REIT) with absolute TSR modifier (-25% to +25%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1571283/000157128325000064/0001571283-25-000064-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1571283/000157128325000064/rexr-20251219.htm
  HTML page:      https://secwatch.observer/filing/0001571283-25-000064

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer