secwatch.observer — SEC 8-K summary
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Issuer:     Rexford Industrial Realty, Inc. (REXR)
CIK:        0001571283
Form:       8-K
Filed at:   2026-04-23T23:59:59+00:00
Accession:  0001571283-26-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 5.05, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rexford Industrial Q1 net income $87.9M; raises full-year Core FFO guidance; new $500M buyback
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- Q1 net income $87.9M ($0.38 diluted EPS) vs $68.3M ($0.30) YoY; Core FFO $0.61/diluted share, down 1.6% YoY.
- Total Portfolio NOI fell 4.2% YoY, but Same Property NOI up 0.9% (Cash NOI -0.4%).
- Repurchased 5.5M shares for $200M at $36.14; new $500M buyback authorized through April 2028.
- Laura Clark appointed CEO, John Nahas COO effective Apr 1 as part of succession plan.
- Raised FY 2026 Core FFO guidance to $2.37-$2.42 per diluted share from $2.35-$2.40.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1571283/000157128326000017/0001571283-26-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1571283/000157128326000017/rexr-20260421.htm
  HTML page:      https://secwatch.observer/filing/0001571283-26-000017

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