---
schema_version: "secwatch.filing_event.v1"
accession: "0001645873-25-000132"
form_type: "8-K"
ticker: "MDV"
cik: "0001645873"
company_name: "MODIV INDUSTRIAL, INC."
filed_at: "2025-07-25T23:59:59+00:00"
generated_at: "2026-05-18T01:09:59.596849+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Modiv Industrial shareholders reject reverse stock split proposal at annual meeting

## Summary
- Reverse stock split failed: 4,420,099 votes for (needed >5,054,074 majority of 10,108,147 outstanding shares).
- All five director nominees elected: Halfacre, Gingras, Nolan, Smith, Tirondola.
- Ratification of Grant Thornton LLP as auditor approved: 6,399,208 for, 158,516 against.
- Advisory say-on-pay approved: 4,379,730 for, 524,744 against, 398,758 abstentions.
- Broker non-votes of 1,450,535 recorded on director elections, say-on-pay, and reverse split.

## SEC filing metadata
- accession: 0001645873-25-000132
- form_type: 8-K
- ticker: MDV
- cik: 0001645873
- company_name: MODIV INDUSTRIAL, INC.
- filed_at: 2025-07-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1645873/000164587325000132/0001645873-25-000132-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1645873/000164587325000132/cik0001645873-20250723.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001645873-25-000132
- JSON: https://secwatch.observer/filing/0001645873-25-000132.json
- Plain text: https://secwatch.observer/filing/0001645873-25-000132.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.