{"schema_version":"secwatch.filing_event.v1","accession":"0001645873-25-000081","form_type":"8-K","ticker":"MDV","cik":"0001645873","company_name":"MODIV INDUSTRIAL, INC.","filed_at":"2025-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.182864+00:00","generated_at":"2026-05-22T08:18:48.017084+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Modiv Industrial Q1 AFFO $0.33 beats consensus, revenue $11.8M, AFFO up 18% YoY","bullets":["Q1 revenue $11.8M, net income to common stockholders $2,000; AFFO $3.9M ($0.33/diluted), up 18% YoY, above consensus.","Repurchased 275,000 preferred shares YTD (13.8% of total) at avg $23.74.","Executed 10-year lease renewal with FujiFilm at Santa Clara property; 6.75% rent increase plus 3% annual escalations.","CEO reports no material tariff impact on tenants after 20 hours of calls; sees increased order books and reshoring demand."],"urls":{"canonical":"https://secwatch.observer/filing/0001645873-25-000081","json":"https://secwatch.observer/filing/0001645873-25-000081.json","markdown":"https://secwatch.observer/filing/0001645873-25-000081.md","text":"https://secwatch.observer/filing/0001645873-25-000081.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1645873/000164587325000081/0001645873-25-000081-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1645873/000164587325000081/cik0001645873-20250507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T08:18:48.017084+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}