{"schema_version":"secwatch.filing_event.v1","accession":"0001645873-26-000042","form_type":"8-K","ticker":"MDV","cik":"0001645873","company_name":"MODIV INDUSTRIAL, INC.","filed_at":"2026-03-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.736834+00:00","generated_at":"2026-05-15T09:01:24.165668+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Modiv Industrial reports FY 2025 net loss of $2.1M, AFFO up 15% to $17.2M; asset recycling progress","bullets":["Q4 2025 net income to common stockholders $0.4M; full year net loss $2.1M ($0.31/diluted share).","Full year AFFO $17.2M ($1.38/diluted share), up 15% YoY; Q4 AFFO $4.0M.","Completed $26M sale of Issaquah, WA property; under contract to sell St. Paul, MN and Melbourne, FL (Northrop Grumman) properties.","Received unsolicited offers, one potentially compelling but stepped back; NAV per share $22.19 based on 1/31/26 appraisal.","CEO cites tough REIT market but highlights ~14 years lease duration and 28% investment grade exposure."],"urls":{"canonical":"https://secwatch.observer/filing/0001645873-26-000042","json":"https://secwatch.observer/filing/0001645873-26-000042.json","markdown":"https://secwatch.observer/filing/0001645873-26-000042.md","text":"https://secwatch.observer/filing/0001645873-26-000042.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1645873/000164587326000042/0001645873-26-000042-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1645873/000164587326000042/cik0001645873-20260325.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T09:01:24.165668+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"}