secwatch.observer — SEC 8-K summary
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Issuer:     MODIV INDUSTRIAL, INC. (MDV)
CIK:        0001645873
Form:       8-K
Filed at:   2025-07-25T23:59:59+00:00
Accession:  0001645873-25-000132
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Modiv Industrial shareholders reject reverse stock split proposal at annual meeting
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1645873/000164587325000132/0001645873-25-000132-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1645873/000164587325000132/cik0001645873-20250723.htm
  HTML page:      https://secwatch.observer/filing/0001645873-25-000132

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