secwatch / observer

INDEPENDENCE REALTY TRUST, INC. — fact timeline

Source-grounded facts extracted from INDEPENDENCE REALTY TRUST, INC.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

IRT INDEPENDENCE REALTY TRUST, INC. JSON
Material Agreements

INDEPENDENCE REALTY TRUST, INC. terminated Equity Distribution Agreement with each of the Managers and Forward Purchasers party to the Sales Agreement valued at $450,000,000 (effective 2026-06-12).

“In connection with the expiration of the Prior Registration Statement, the Company and the Operating Partnership delivered written notice of its intention to terminate the Equity Distribution Agreement, dated as of July 28, 2023 (the “Sales Agreement”), by and among the Company, the Operating Partnership and each of the Managers and Forward Purchasers party to the Sales Agreement, relating to the Company’s offer and sale, from time to time, to or through the Managers as sales agents and/or principals or as forward sellers, as agents for the Forward Purchasers, shares of its common stock, $0.01 par value per share, up to an aggregate gross sales price of $450,000,000.”
Shareholder Votes

INDEPENDENCE REALTY TRUST, INC. shareholders approved Advisory, non-binding resolution on the frequency of future advisory votes on executive compensation at the 2026-05-13 meeting.

“Proposal 4: Advisory, non-binding resolution on the frequency for future advisory votes on executive compensation. Every 1 Year Every 2 Years Every 3 Years Abstentions Broker Non-Votes 194,570,544 48,578 3,673,105 322,577 13,470,764”
Shareholder Votes

INDEPENDENCE REALTY TRUST, INC. shareholders approved Advisory, non-binding resolution on the Company's executive compensation program at the 2026-05-13 meeting.

“Proposal 3: Advisory, non-binding resolution on the Company ’ s executive compensation program. Votes For Votes Against Abstentions Broker Non-Votes 193,704,256 4,503,190 407,362 13,470,760”
Shareholder Votes

INDEPENDENCE REALTY TRUST, INC. shareholders approved Ratification of the appointment of KPMG LLP as the independent registered public accounting firm for 2026 at the 2026-05-13 meeting.

“Proposal 2: Ratification of the appointment of KPMG LLP as the Company ’ s independent registered public accounting firm for the calendar year ending December 31, 2026. Votes For Votes Against Abstentions Broker Non-Votes 207,135,331 4,765,876 184,358 0”
Shareholder Votes

INDEPENDENCE REALTY TRUST, INC. shareholders approved Election of nine directors to serve until the 2027 Annual Meeting at the 2026-05-13 meeting.

“Proposal 1: Election of Nine Directors. Director Votes For Votes Against Abstentions Broker Non-Votes Scott F. Schaeffer 193,549,267 4,869,915 195,625 13,470,761 Ned W. Brines 196,073,881 2,354,527 186,400 13,470,760 Richard D. Gebert 196,864,881 1,510,629 239,298 13,470,760 Melinda H. McClure 194,087,833 4,284,050 242,924 13,470,761 James J. Sebra 186,995,992 11,381,848 236,969 13,470,759 Ana Marie del Rio 197,777,191 653,316 184,301 13,470,760 Deforest B. Soaries, Jr., D. Min. 193,857,802 4,512,877 244,127 13,470,762 Lisa Washington 195,537,699 1,481,332 1,595,777 13,470,760 Craig Macnab 197,749,072 623,966 241,770 13,470,760”
Earnings Releases

INDEPENDENCE REALTY TRUST, INC. reported the three months ended March 31, 2026 results: EPS $0.00.

“On April 29, 2026, we issued a press release announcing our financial results for the three months ended March 31, 2026.”
Debt Financings

INDEPENDENCE REALTY TRUST, INC. incurred term loan of $350.0 million with KeyBank National Association at SOFR rate plus a margin of 80 to 160 basis points maturing February 11, 2030.

“The Restated Credit Agreement provides for a new $350.0 million term loan with a maturity date of February 11, 2030 (the "2030 Term Loan"), subject to a one-year extension option.”
Material Agreements

INDEPENDENCE REALTY TRUST, INC. terminated Fifth Amended and Restated Credit Agreement with KeyBank National Association and other lenders (effective 2026-02-11).

“Upon the effectiveness of the Sixth Restated Credit Agreement, the Fifth Restated Credit Agreement was subsumed within, and is now governed by, the Sixth Restated Credit Agreement.”
Material Agreements

INDEPENDENCE REALTY TRUST, INC. amended Sixth Amended and Restated Credit Agreement with KeyBank National Association and other lenders valued at $1.5 billion (effective 2026-02-11).

“On February 11, 2026, Independence Realty Operating Partnership, LP (“IROP”) the limited partnership through which Independence Realty Trust, Inc. (“IRT”) owns its assets and conducts its operations, entered into a Sixth Amended and Restated Credit Agreement (the “Restated Credit Agreement”) dated as of February 11, 2026, by and among IROP, as borrower, IRT as parent guarantor, KeyBank National Association (“KeyBank”), as administrative agent, and the other agents and lender parties thereto.”

Scott F. Schaeffer changed role as President at INDEPENDENCE REALTY TRUST, INC..

“Scott F. Schaeffer, who previously held the positions of Chairman of the Board of Directors, President and Chief Executive Officer of the Company, will continue as Chairman of the Board of Directors and Chief Executive Officer of the Company.”

James J. Sebra was appointed as President at INDEPENDENCE REALTY TRUST, INC..

“On September 3, 2024, the Board of Directors of Independence Realty Trust, Inc. (the “Company”) appointed James J. Sebra, its Chief Financial Officer, to the additional position of President of the Company.”
Shareholder Votes

INDEPENDENCE REALTY TRUST, INC. shareholders approved Advisory, non-binding resolution on the Company's executive compensation program at the 2024-05-15 meeting.

“Proposal 3: Advisory, non-binding resolution on the Company's executive compensation program. Votes For Votes Against Abstentions Broker Non-Votes 175,754,683 4,667,062 545,901 17,984,907”
Shareholder Votes

INDEPENDENCE REALTY TRUST, INC. shareholders approved Ratification of the appointment of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024 at the 2024-05-15 meeting.

“Proposal 2: Ratification of the appointment of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024. Votes For Votes Against Abstentions Broker Non-Votes 196,323,763 2,226,092 402,698 —”
Shareholder Votes

INDEPENDENCE REALTY TRUST, INC. shareholders approved Election of ten directors, each to serve for a term expiring at the Company's 2025 Annual Meeting of Stockholders and until his or her successor is duly elected and qualified at the 2024-05-15 meeting.

“Proposal 1: Election of Ten Directors. Director Votes For Votes Against Abstentions Broker Non-Votes Scott F. Schaeffer 171,875,325 8,724,531 367,789 17,984,908 Stephen R. Bowie 179,717,058 946,027 304,560 17,984,908 Ned W. Brines 178,485,653 2,184,416 297,578 17,984,906 Richard D. Gebert 179,572,584 1,036,747 358,315 17,984,907 Melinda H. McClure 174,902,248 5,711,066 354,331 17,984,908 Thomas H. Purcell 176,438,818 4,231,202 297,625 17,984,908 Ana Marie del Rio 179,654,088 1,021,506 292,052 17,984,907 Deforest B. Soaries, Jr., D. Min. 177,658,128 2,952,178 357,340 17,984,907 Lisa Washington 179,394,119 1,216,902 356,624 17,984,908 Craig Macnab 180,352,779 249,741 365,125 17,984,908”
Earnings Releases

INDEPENDENCE REALTY TRUST, INC. reported the quarter ended March 31, 2024 results: net income $17.6 million, EPS $0.08.

“On April 24, 2024, we issued a press release announcing our financial results for the three months ended March 31, 2024.”

Craig Macnab was appointed as Director at INDEPENDENCE REALTY TRUST, INC..

“On February 29, 2024, the Board of Directors (the “Board”) of Independence Realty Trust, Inc. (the “Company”) increased the size of the Board from 9 to 10 directors and appointed Craig Macnab, an additional independent director, to fill the newly created vacancy and whose term will expire at the Company’s 2024 annual meeting of stockholders (“2024 Annual Meeting”), or until his earlier death, resignation, disqualification or removal.”
Earnings Releases

INDEPENDENCE REALTY TRUST, INC. reported full year 2024 results: EPS 0.42. Guidance initiated.

“Earnings per diluted share of $0.42 at the mid-point of our guidance range.”
Earnings Releases

INDEPENDENCE REALTY TRUST, INC. reported year ended December 31, 2023 results: net income -17.2, EPS -0.08.

“Net loss available to common shares of $17.2 million for the year ended December 31, 2023 compared to net income available to common shares of $117.2 million for the year ended December 31, 2022.”
Earnings Releases

INDEPENDENCE REALTY TRUST, INC. reported quarter ended December 31, 2023 results: net income -40.5, EPS -0.18.

“Net loss available to common shares of $40.5 million for the quarter ended December 31, 2023 compared to net income available to common shares of $33.6 million for the quarter ended December 31, 2022.”
Earnings Releases

INDEPENDENCE REALTY TRUST, INC. reported three and nine months ended September 30, 2023 results: net income Net income available to common shares of $3.9 million for the quarter ended September 30, 2023, EPS Earnings per diluted share of $0.02 for the quarter ended September 30, 2023.

“On October 30, 2023, we issued a press release announcing our financial results for the three and nine months ended September 30, 2023.”
Restructurings & Charges

INDEPENDENCE REALTY TRUST, INC. announced a impairment with charges of ranging between $32 and $38 million affecting six other Targeted Sales Properties.

“we expect to incur impairment charges for certain of these properties in the fourth quarter 2023 ranging between $32 and $38 million, in aggregate”
Restructurings & Charges

INDEPENDENCE REALTY TRUST, INC. announced a impairment with charges of between $23 and $25 million affecting three other Targeted Sales Properties.

“we will be required, under GAAP, to record an impairment charge in the fourth quarter 2023 for three other Targeted Sales Properties and currently estimate the amount of the impairment charge to be between $23 and $25 million, in aggregate”
Restructurings & Charges

INDEPENDENCE REALTY TRUST, INC. announced a impairment with charges of $11.3 million affecting property in Chicago, Illinois held for sale as of September 30, 2023.

“we have recorded an impairment charge for the third quarter 2023 of $11.3 million related to our property in Chicago, Illinois that was held for sale as of September 30, 2023”
Earnings Releases

INDEPENDENCE REALTY TRUST, INC. reported three and six months ended June 30, 2023 results: net income Net income (loss) available to common shares of $10.7 million for the quarter ended June 30, 2023, EPS Earnings (loss) per diluted share of $0.05 for the quarter ended June 30, 2023. Guidance raised.

“On July 26, 2023, IRT issued a press release regarding its earnings for the three and six months ended June 30, 2023.”

Jessica K. Norman resigned as Chief Legal Officer at INDEPENDENCE REALTY TRUST, INC..

“On July 13, 2023, Jessica K. Norman, Chief Legal Officer of Independence Realty Trust, Inc., resigned her position effective on or about September 8, 2023.”
Shareholder Votes

INDEPENDENCE REALTY TRUST, INC. shareholders approved Advisory, non-binding resolution on executive compensation program at the 2023-05-10 meeting.

“Proposal 3: Advisory, non-binding resolution on the Company’s executive compensation program. Votes For Votes Against Abstentions Broker Non-Votes 159,956,684 5,089,991 601,961 21,384,377”
Shareholder Votes

INDEPENDENCE REALTY TRUST, INC. shareholders approved Ratification of appointment of KPMG LLP as independent registered public accounting firm for FY 2023 at the 2023-05-10 meeting.

“Proposal 2: Ratification of the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. Votes For Votes Against Abstentions Broker Non-Votes 184,760,962 1,981,497 290,554 —”
Shareholder Votes

INDEPENDENCE REALTY TRUST, INC. shareholders approved Election of nine directors to serve until 2024 annual meeting at the 2023-05-10 meeting.

“Proposal 1: Election of Nine Directors. Director Votes For Votes Against Abstentions Broker Non-Votes Scott F. Schaeffer 157,068,198 8,045,761 534,677 21,384,377 Stephen R. Bowie 163,771,752 1,394,474 482,410 21,384,377 Ned W. Brines 162,469,457 2,690,599 488,580 21,384,377 Richard D. Gebert 162,477,686 2,640,342 530,608 21,384,377 Melinda H. McClure 160,797,210 4,333,552 517,874 21,384,377 Thomas H. Purcell 163,693,756 1,468,557 486,323 21,384,377 Ana Marie del Rio 163,772,435 1,392,127 484,074 21,384,377 Deforest B. Soaries, Jr., D. Min. 160,259,626 4,854,660 534,350 21,384,377 Lisa Washington 163,740,580 1,372,497 535,559 21,384,377”
Earnings Releases

INDEPENDENCE REALTY TRUST, INC. reported three months ended March 31, 2023 results: net income $8.6 million, EPS $0.04.

“First Quarter Highlights • Net income available to common shares of $8.6 million for the quarter ended March 31, 2023 compared to $74.6 million for the quarter ended March 31, 2022. • Earnings per diluted share of $0.04 for the quarter ended March 31, 2023 compared to $0.34 for the quarter ended March 31, 2022.”

Scott Schaeffer was appointed as President at INDEPENDENCE REALTY TRUST, INC..

“In connection with Mr. Ender’s cessation of service, Scott Schaeffer, the Company’s Chief Executive Officer and the Chairman of its Board of Directors, has been appointed to also serve as the Company’s President.”

Farrell Ender resigned as President at INDEPENDENCE REALTY TRUST, INC..

“On March 13, 2023, Independence Realty Trust, Inc. (the “Company”) and Farrell Ender, the Company’s President, agreed that Mr. Ender will resign from employment with the Company, effective May 1, 2023.”
Earnings Releases

INDEPENDENCE REALTY TRUST, INC. reported the year ended December 31, 2022 results: net income Net income available to common shares of $117.2 million for the year ended December 31, 2022, EPS Earnings per diluted share of $0.53 for the year ended December 31, 2022. Guidance initiated.

“On February 15, 2023, IRT issued a press release regarding its earnings for the three and twelve months ended December 31, 2022.”
Earnings Releases

INDEPENDENCE REALTY TRUST, INC. reported the quarter ended December 31, 2022 results: net income Net income available to common shares of $33.6 million for the quarter ended December 31, 2022, EPS Earnings per diluted share of $0.15 for the quarter ended December 31, 2022. Guidance initiated.

“On February 15, 2023, IRT issued a press release regarding its earnings for the three and twelve months ended December 31, 2022.”

Ella S. Neyland resigned as Chief Operating Officer at INDEPENDENCE REALTY TRUST, INC..

“Ms. Neyland will resign from employment as the Company’s Chief Operating Officer and resign from the Board, effective December 15, 2022.”

Ella S. Neyland was appointed as Chief Operating Officer at INDEPENDENCE REALTY TRUST, INC..

“Ella S. Neyland became the Chief Operating Officer of IRT”

Ella S. Neyland was appointed as Director at INDEPENDENCE REALTY TRUST, INC..

“the Board consists of the following ten directors: (i) Scott F. Schaeffer, Melinda H. McClure, Richard D. Gebert, DeForest Blake Soaries Jr. and Lisa Washington, each a continuing director of the Board, and (ii) Stephen R. Bowie, Ned W. Brines, Ana Marie del Rio, Ella S. Neyland and Thomas H. Purcell, each a former director of STAR.”

Thomas H. Purcell was appointed as Director at INDEPENDENCE REALTY TRUST, INC..

“the Board consists of the following ten directors: (i) Scott F. Schaeffer, Melinda H. McClure, Richard D. Gebert, DeForest Blake Soaries Jr. and Lisa Washington, each a continuing director of the Board, and (ii) Stephen R. Bowie, Ned W. Brines, Ana Marie del Rio, Ella S. Neyland and Thomas H. Purcell, each a former director of STAR.”

Ana Marie del Rio was appointed as Director at INDEPENDENCE REALTY TRUST, INC..

“the Board consists of the following ten directors: (i) Scott F. Schaeffer, Melinda H. McClure, Richard D. Gebert, DeForest Blake Soaries Jr. and Lisa Washington, each a continuing director of the Board, and (ii) Stephen R. Bowie, Ned W. Brines, Ana Marie del Rio, Ella S. Neyland and Thomas H. Purcell, each a former director of STAR.”

Ned W. Brines was appointed as Director at INDEPENDENCE REALTY TRUST, INC..

“the Board consists of the following ten directors: (i) Scott F. Schaeffer, Melinda H. McClure, Richard D. Gebert, DeForest Blake Soaries Jr. and Lisa Washington, each a continuing director of the Board, and (ii) Stephen R. Bowie, Ned W. Brines, Ana Marie del Rio, Ella S. Neyland and Thomas H. Purcell, each a former director of STAR.”

Stephen R. Bowie was appointed as Director at INDEPENDENCE REALTY TRUST, INC..

“the Board consists of the following ten directors: (i) Scott F. Schaeffer, Melinda H. McClure, Richard D. Gebert, DeForest Blake Soaries Jr. and Lisa Washington, each a continuing director of the Board, and (ii) Stephen R. Bowie, Ned W. Brines, Ana Marie del Rio, Ella S. Neyland and Thomas H. Purcell, each a former director of STAR.”

William C. Dunkelberg resigned as Director at INDEPENDENCE REALTY TRUST, INC..

“William C. Dunkelberg resigned as a member of the board of directors of IRT”

Mack D. Pridgen, III resigned as Director at INDEPENDENCE REALTY TRUST, INC..

“On September 2, 2021, Mack D. Pridgen, III notified Independence Realty Trust, Inc. (the “Company”) of his resignation from the Board of Directors effective September 2, 2021.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.