secwatch.observer — SEC 8-K summary
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Issuer:     MODIV INDUSTRIAL, INC. (MDV)
CIK:        0001645873
Form:       8-K
Filed at:   2021-12-08T23:59:59+00:00
Accession:  0001645873-21-000234
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Modiv appoints three new directors; Wirta, Randolph, Hanauer resign from board
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1645873/000164587321000234/0001645873-21-000234-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1645873/000164587321000234/modivreit-20211207xnewbodm.htm
  HTML page:      https://secwatch.observer/filing/0001645873-21-000234

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