{"schema_version":"secwatch.filing_event.v1","accession":"0001645873-25-000197","form_type":"8-K","ticker":"MDV","cik":"0001645873","company_name":"MODIV INDUSTRIAL, INC.","filed_at":"2025-11-14T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.032628+00:00","generated_at":"2026-05-16T19:52:08.397966+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 Q3 AFFO $0.36 beats consensus $0.34, up 22% YoY","bullets":["Revenue $11.7M, net income to common $0.3M; AFFO $4.5M ($0.36/share) vs $3.7M year ago.","AFFO per share exceeded all five analyst estimates; consensus was $0.34.","Portfolio: 43 properties, 14.2-yr WALT, 28% investment-grade tenants, $38.9M annualized base rent.","Balance sheet: $8.3M cash, $30M revolver available; 100% fixed debt at 4.27%, no maturities until Jan 2027.","No acquisitions or sales in quarter; CEO cites patience and discipline for value creation."],"urls":{"canonical":"https://secwatch.observer/filing/0001645873-25-000197","json":"https://secwatch.observer/filing/0001645873-25-000197.json","markdown":"https://secwatch.observer/filing/0001645873-25-000197.md","text":"https://secwatch.observer/filing/0001645873-25-000197.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1645873/000164587325000197/0001645873-25-000197-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1645873/000164587325000197/cik0001645873-20251114.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T19:52:08.397966+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"}