{"schema_version":"secwatch.filing_event.v1","accession":"0001645873-21-000234","form_type":"8-K","ticker":"MDV","cik":"0001645873","company_name":"MODIV INDUSTRIAL, INC.","filed_at":"2021-12-08T23:59:59+00:00","discovered_at":"2026-05-14T18:04:13.471856+00:00","generated_at":"2026-06-28T02:50:19.975883+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Modiv appoints three new directors; Wirta, Randolph, Hanauer resign from board","bullets":["Raymond Wirta, Jeffrey Randolph, Joe Hanauer resigned Dec 7, 2021 for board refreshment; no disagreement.","Adam Markman appointed Chairman of Board and Audit Committee; Curtis McWilliams joins Audit Committee.","Asma Ishaq (CEO of Modere), Kimberly Smith (former Prudential legal exec), Connie Tirondola (EVP Citco Fund Services) appointed as independent directors.","All three new directors are women, enhancing board diversity per California law."],"urls":{"canonical":"https://secwatch.observer/filing/0001645873-21-000234","json":"https://secwatch.observer/filing/0001645873-21-000234.json","markdown":"https://secwatch.observer/filing/0001645873-21-000234.md","text":"https://secwatch.observer/filing/0001645873-21-000234.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1645873/000164587321000234/0001645873-21-000234-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1645873/000164587321000234/modivreit-20211207xnewbodm.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T02:50:19.975883+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":"22fe638d9f","claim":"Connie Tirondola was appointed as Director at MODIV INDUSTRIAL, INC..","evidence_excerpt":"the Board, acting upon the recommendation of the Nominating and Corporate Governance Committee of the Board, appointed each of Asma Ishaq, Kimberly Smith and Connie Tirondola to serve as directors on the Board","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1645873/000164587321000234/0001645873-21-000234-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"95df251dfb","claim":"Asma Ishaq was appointed as Director at MODIV INDUSTRIAL, INC..","evidence_excerpt":"the Board, acting upon the recommendation of the Nominating and Corporate Governance Committee of the Board, appointed each of Asma Ishaq, Kimberly Smith and Connie Tirondola to serve as directors on the Board","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1645873/000164587321000234/0001645873-21-000234-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"b129858e50","claim":"Jeffrey Randolph resigned as Director at MODIV INDUSTRIAL, INC..","evidence_excerpt":"On December 7, 2021, Raymond E. Wirta, Jeffrey Randolph and Joe F. Hanauer resigned as members of the Board of Directors (the “Board”) of Modiv Inc. (the “Company”)","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1645873/000164587321000234/0001645873-21-000234-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"d82631c6bb","claim":"Raymond E. Wirta resigned as Director at MODIV INDUSTRIAL, INC..","evidence_excerpt":"On December 7, 2021, Raymond E. Wirta, Jeffrey Randolph and Joe F. Hanauer resigned as members of the Board of Directors (the “Board”) of Modiv Inc. (the “Company”)","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1645873/000164587321000234/0001645873-21-000234-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"dfa90b17f3","claim":"Joe F. Hanauer resigned as Director at MODIV INDUSTRIAL, INC..","evidence_excerpt":"On December 7, 2021, Raymond E. Wirta, Jeffrey Randolph and Joe F. Hanauer resigned as members of the Board of Directors (the “Board”) of Modiv Inc. (the “Company”)","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1645873/000164587321000234/0001645873-21-000234-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"ede4238e77","claim":"Adam S. Markman was appointed as Chairman of the Board at MODIV INDUSTRIAL, INC..","evidence_excerpt":"the Board appointed Adam S. Markman, a current member of the Board, as Chairman of the Board and Chairman of the Audit Committee of the Board","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1645873/000164587321000234/0001645873-21-000234-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chairman of the Board"}],"fact_type":"executive_change"},{"claim_id":"f4db7e0dce","claim":"Kimberly Smith was appointed as Director at MODIV INDUSTRIAL, INC..","evidence_excerpt":"the Board, acting upon the recommendation of the Nominating and Corporate Governance Committee of the Board, appointed each of Asma Ishaq, Kimberly Smith and Connie Tirondola to serve as directors on the Board","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1645873/000164587321000234/0001645873-21-000234-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}