8-K
filed August 27, 2024, 7:59 PM ET
CIK 0001755755
leadership
confidence high
sentiment neutral
materiality 0.80
CEO/CFO Brian Mitts resigns; John Good CEO, Paul Richards CFO; $343M MetLife loan
VINEBROOK HOMES TRUST, INC.
- Brian Mitts resigned as CEO, CFO, Assistant Secretary, Treasurer effective Aug 26, 2024; remains President and board member.
- Board appointed John Good as CEO; 33+ years REIT experience, former partner at Morrison & Foerster LLP.
- Paul Richards appointed CFO, Assistant Secretary, Treasurer; previously VP of Asset Management and Financing.
- VB Nine and VB Ten subsidiaries entered $343.2M term loans with MetLife, fixed rate 4.5%, maturity Aug 22, 2029.
- Net proceeds of ~$316.2M used $282M to reduce existing credit facility; remainder for general corporate purposes.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Brian Mitts resigned as Chief Executive Officer at VINEBROOK HOMES TRUST, INC..
- Action
- resigned
- Role
- Chief Executive Officer
Exact text from the filing
On August 26, 2024, Brian Mitts resigned from his positions as Chief Executive Officer, Chief Financial Officer, Assistant Secretary and Treasurer of the Company and its subsidiaries. Mr. Mitts will continue to serve as the Company’s President and a member of the Board of Directors of the Company (the “Board”).
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Paul Richards was appointed as Chief Financial Officer at VINEBROOK HOMES TRUST, INC..
- Action
- appointed
- Role
- Chief Financial Officer
Exact text from the filing
the Board also appointed Paul Richards as the Company’s Chief Financial Officer, Assistant Secretary and Treasurer.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
John Good was appointed as Chief Executive Officer at VINEBROOK HOMES TRUST, INC..
- Action
- appointed
- Role
- Chief Executive Officer
Exact text from the filing
the Board appointed John Good as the Company’s Chief Executive Officer.
View on SEC.gov
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