GLADSTONE LAND Corp shareholders approved To ratify the selection by the Audit Committee of the Company’s board of directors of PricewaterhouseCoopers, LLP, as the Company’s independent registered public accounting firm for its fiscal year ending December 31, 2026 at the 2026-05-14 meeting.
“Proposal 2 : To ratify the selection by the Audit Committee of the Company’s board of directors of PricewaterhouseCoopers, LLP, as the Company’s independent registered public accounting firm for its fiscal year ending December 31, 2026. For Against Abstain 28,611,523 621,955 154,132”
Shareholder Votes
GLADSTONE LAND Corp shareholders approved Election of two directors to hold office until the 2029 Annual Meeting of Stockholders at the 2026-05-14 meeting.
“Proposal 1 : The election of two directors to hold office until the 2029 Annual Meeting of Stockholders. $ $ $ For Withheld Broker Non-Votes David Gladstone 14,533,998 794,093 14,059,519 John H. Outland 8,056,134 7,271,957 14,059,519”
Earnings Releases
GLADSTONE LAND Corp reported the first quarter ended March 31, 2026 results: net income Net loss for the quarter was approximately $4.3 million, compared to net income of approximately $15.1 million in the pr, EPS $0.24 per share.
“Gladstone Land Corporation (Nasdaq: LAND) (“Gladstone Land” or the “Company”) today reported financial results for the first quarter ended March 31, 2026.”
Governance Changes
GLADSTONE LAND Corp: Filed a Certificate of Correction to correct reclassification of Series D Preferred Stock and authorized capital stock amounts (effective 2026-04-02).
“On April 2, 2026, the Company filed the Certificate of Correction with the Maryland SDAT to: (1) give the reclassification of Series D Preferred Stock no force and effect (due to there being no authorized Series D Preferred Stock outstanding as of the Filing Date) and (2) correct the number of authorized shares of Common Stock, shares of 6.00% Series B Cumulative Redeemable Preferred Stock (the “Series B Preferred Stock”) and shares of 6.00% Series C Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”).”
Governance Changes
GLADSTONE LAND Corp: Reclassified 1,185,000 shares of authorized but unissued 5.00% Series D Cumulative Term Preferred Stock as additional shares of Common Stock via Articles Supplementary (effective 2026-03-12).
“On March 12, 2026, Gladstone Land Corporation, a Maryland corporation (the “Company”) filed Articles Supplementary (the “Reclassification Articles Supplementary”) with the State Department of Assessments and Taxation of Maryland, pursuant to which the Company’s Board of Directors reclassified and designated 1,185,000 shares of authorized but unissued 5.00% Series D Cumulative Term Preferred Stock as additional shares of Common Stock.”
Terry Lee Brubaker departed as Chief Operating Officer at GLADSTONE LAND Corp.
“On November 13, 2024, Terry Lee Brubaker gave notice that he will be retiring as the Chief Operating Officer of Gladstone Land Corporation (the “Company”) effective December 2, 2024.”
Katharine Cornell Gorka was elected as Director at GLADSTONE LAND Corp.
“On August 22, 2024, Gladstone Land Corporation (the “Company”) announced the election of Katharine Cornell Gorka to its Board of Directors (the “Board”), effective August 22, 2024.”
Shareholder Votes
GLADSTONE LAND Corp shareholders approved To ratify the selection by the Audit Committee of the Company’s board of directors of PricewaterhouseCoopers, LLP, as the Company’s independent registered public accounting firm for its fiscal year ending December 31, 2024 at the 2024-05-09 meeting.
“Proposal 2 : To ratify the selection by the Audit Committee of the Company’s board of directors of PricewaterhouseCoopers, LLP, as the Company’s independent registered public accounting firm for its fiscal year ending December 31, 2024. For Against Abstain 26,572,509 752,882 112,039”
Shareholder Votes
GLADSTONE LAND Corp shareholders approved Election of two directors to hold office until the 2027 Annual Meeting of Stockholders at the 2024-05-09 meeting.
“Proposal 1 : The election of two directors to hold office until the 2027 Annual Meeting of Stockholders. For Withheld Broker Non-Votes Michela A. English 12,968,344 4,779,337 9,689,749 Anthony W. Parker 12,934,170 4,813,511 9,689,749”
Earnings Releases
GLADSTONE LAND Corp reported the first quarter ended March 31, 2024 results: net income approximately $13.6 million, EPS $0.21 per share.
“On May 7, 2024, Gladstone Land Corporation issued a press release announcing its financial results for the first quarter ended March 31, 2024.”
Earnings Releases
GLADSTONE LAND Corp reported the fourth quarter ended December 31, 2023 results: net income approximately $1.8 million, EPS $0.12 per share.
“Fourth Quarter 2023 Results: Net income for the quarter was approximately $1.8 million, compared to approximately $1.1 million in the prior-year quarter. Net loss to common stockholders during the quarter was approximately $4.3 million, or $0.12 per share, compared to approximately $4.8 million, or $0.14 per share, in the prior-year quarter.”
Earnings Releases
GLADSTONE LAND Corp reported financial results for the year ended December 31, 2023.
“Gladstone Land Corporation issued a press release announcing its financial results for the fourth quarter and year ended December 31, 2023.”
Debt Financings
GLADSTONE LAND Corp amended revolving credit with Metropolitan Life Insurance Company maturing December 15, 2033.
“The Amendment extends the maturity date of the Company’s revolving lines of credit under the Credit Facility from April 5, 2024 to December 15, 2033.”
Material Agreements
GLADSTONE LAND Corp amended Second Amendment to Loan Agreement with Metropolitan Life Insurance Company (effective 2023-12-14).
“On December 14, 2023, Gladstone Land Corporation, a Maryland corporation (the “Company”), as guarantor, and Gladstone Land Limited Partnership (the “Operating Partnership”), a Delaware limited partnership, as borrower (collectively, “Gladstone”), entered into a Second Amendment to Loan Agreement (the “Amendment”) with Metropolitan Life Insurance Company (“MetLife”) amending the terms of the Loan Agreement, dated February 20, 2020, as amended on February 3, 2022, by and among the Company, the Operating Partnership and MetLife (the “Credit Facility”).”
Earnings Releases
GLADSTONE LAND Corp reported the third quarter ended September 30, 2023 results: net income Net income for the quarter was approximately $3.1 million, EPS $0.08 per share.
“On November 7, 2023, Gladstone Land Corporation issued a press release announcing its financial results for the third quarter ended September 30, 2023.”
Governance Changes
GLADSTONE LAND Corp: Amended Article IV, Section 28 to revise the potential composition of the Executive Committee to not less than two Board members, one of whom will be the Chairman of the Board (effective 2023-10-10).
“The Bylaw Amendment amended Article IV, Section 28 to revise the potential composition of the Executive Committee of the Board to not less than two members of the Board, one of whom will be the Chairman of the Board.”
Earnings Releases
GLADSTONE LAND Corp reported the second quarter ended June 30, 2023 results: net income approximately $7.9 million, EPS $0.05 per share.
“Net income for the quarter was approximately $7.9 million, compared to approximately $613,000 in the prior-year quarter. Net income to common stockholders during the quarter was approximately $1.7 million, or $0.05 per share, compared to a net loss to common stockholders of approximately $3.9 million, or $0.11 per share, in the prior-year quarter.”
Debt Financings
GLADSTONE LAND Corp amended credit facility with Federal Agricultural Mortgage Corporation ("Farmer Mac") and Farmer Mac Mortgage Securities Corporation ("the Bond Purchaser") maturing Final Maturity Date to a date that is ten (10) years from the applicable issuance date.
“extending the Final Issuance Date until the earlier of (a) December 31, 2026 and (b) such date as Farmer Mac determines a Material Adverse Change has occurred and extending the Final Maturity Date to a date that is ten (10) years from the applicable issuance date”
Shareholder Votes
GLADSTONE LAND Corp shareholders approved To ratify the selection by the Audit Committee of the Company’s board of directors of PricewaterhouseCoopers, LLP, as the Company’s independent registered public accounting firm for its fiscal year ending December 31, 2023 at the 2023-05-11 meeting.
“Proposal 2 : To ratify the selection by the Audit Committee of the Company’s board of directors of PricewaterhouseCoopers, LLP, as the Company’s independent registered public accounting firm for its fiscal year ending December 31, 2023. For Against Abstain 26,310,125 625,968 116,191”
Shareholder Votes
GLADSTONE LAND Corp shareholders approved Election of three directors to hold office until the 2026 Annual Meeting of Stockholders at the 2023-05-11 meeting.
“Proposal 1 : The election of three directors to hold office until the 2026 Annual Meeting of Stockholders. For Withheld Broker Non-Votes David Gladstone 16,567,309 652,137 9,832,838 Paul Adelgren 12,100,506 5,118,940 9,832,838 John Outland 10,664,018 6,555,428 9,832,838”
Earnings Releases
GLADSTONE LAND Corp reported the first quarter ended March 31, 2023 results: net income approximately $1.8 million, EPS $0.12 per share.
“First Quarter 2023 Results: Net income for the quarter was approximately $1.8 million, compared to approximately $1.2 million in the prior-year quarter.”
Terry L. Brubaker resigned as Director at GLADSTONE LAND Corp.
“On April 14, 2023, Terry L. Brubaker notified Gladstone Land Corporation (the “Company”) that he is resigning from the Company’s board of directors, effective immediately.”
Material Agreements
GLADSTONE LAND Corp amended Amended and Restated Equity Distribution Agreements with Virtu Americas LLC and Ladenburg Thalmann & Co. Inc. valued at up to $500.0 million (effective 2023-04-13).
“On April 13, 2023, Gladstone Land Corporation, a Maryland corporation (the “Company”), and its operating partnership, Gladstone Land Limited Partnership, a majority-owned, consolidated subsidiary of the Company and a Delaware limited partnership (the “Operating Partnership”), entered into separate Amended and Restated Equity Distribution Agreements (each a “Sales Agreement” and together, the “Sales Agreements”) with each of Virtu Americas LLC (“Virtu”) and Ladenburg Thalmann & Co. Inc. (“Ladenburg”) (Virtu and Ladenburg each a “Sales Agent” and together, the “Sales Agents”), pursuant to which the Company may sell shares of its common stock, par value $0.001 per share (“Common Stock”), having an aggregate offering price of up to $500.0 million (the “Shares”), from time to time through the Sales Agents, acting as sales agents and/or principals.”
Earnings Releases
GLADSTONE LAND Corp reported financial results for the fourth quarter and year ended December 31, 2022.
“On February 21, 2023, Gladstone Land Corporation issued a press release announcing its financial results for the fourth quarter and year ended December 31, 2022.”
Governance Changes
GLADSTONE LAND Corp: Company filed Articles Supplementary to reclassify shares of Series C Preferred Stock and Series D Term Preferred Stock as additional shares of Common Stock, and filed separate Articles Supplementary to establish Series E Preferred Stock by reclassifying Common Stock shares (effective 2022-11-09).
“On November 9, 2022, the Company filed Articles Supplementary (the "Reclassification Articles Supplementary") with the State Department of Assessments and Taxation of Maryland, pursuant to which the Board reclassified and designated 15,551,347 shares of authorized but unissued Series C Preferred Stock and 1,185,000 shares of authorized but unissued 5.00% Series D Cumulative Term Preferred Stock ("Series D Term Preferred Stock") as additional shares of Common Stock.”
Material Agreements
GLADSTONE LAND Corp entered into Second Amendment to the Amended and Restated Escrow Agreement with UMB Bank, National Association (effective 2022-11-09).
“On November 9, 2022, the Company entered into the Second Amendment to the Amended and Restated Escrow Agreement (the “Escrow Agreement Amendment”) with UMB Bank, National Association, a national banking association (the “Escrow Agent”).”
Material Agreements
GLADSTONE LAND Corp entered into Sixth Amendment to its First Amended and Restated Agreement of Limited Partnership (effective 2022-11-09).
“On November 9, 2022, Gladstone Land Limited Partnership (the “Operating Partnership”), a Delaware limited partnership controlled by the Company through its ownership of Gladstone Land Partners, LLC, the general partner of the Operating Partnership, adopted the Sixth Amendment to its First Amended and Restated Agreement of Limited Partnership, including Exhibit SE thereto (collectively, the “Amendment”), as amended from time to time, establishing the rights, privileges and preferences of 5.00% Series E Cumulative Redeemable Preferred Units, a newly-designated class of limited partnership interests (the “Series E Preferred Units”).”
Material Agreements
GLADSTONE LAND Corp entered into Dealer Manager Agreement with Gladstone Securities, LLC valued at selling commissions of 7.0% of the gross proceeds from sales of Series E Preferred Stock in the Offe (effective 2022-11-09).
“On November 9, 2022, Gladstone Land Corporation, a Maryland corporation (the “Company”), entered into a dealer manager agreement (the “Dealer Manager Agreement”), with Gladstone Securities, LLC, a Connecticut limited liability company and affiliate of the Company (the “Dealer Manager”), whereby the Dealer Manager will serve as the Company’s exclusive dealer manager in connection with the Company’s offering (the “Offering”) of up to 8,000,000 shares of 5.00% Series E Cumulative Redeemable Preferred Stock of the Company, par value $0.001 per share (the “Series E Preferred Stock”), on a “reasonable best efforts” basis (the “Offering”).”
Earnings Releases
GLADSTONE LAND Corp reported third quarter ended September 30, 2022 results: net income approximately $1.8 million, EPS $0.10 per share.
“Gladstone Land Corporation issued a press release announcing its financial results for the third quarter and three and nine months ended September 30, 2022.”
Paula Novara was elected as Director at GLADSTONE LAND Corp.
“On October 12, 2022, Gladstone Land Corporation (the “Company”) announced the election of Paula Novara to its Board of Directors (the “Board”), effective October 11, 2022.”
Caren Merrick resigned as director at GLADSTONE LAND Corp.
“On January 8, 2022, Caren Merrick notified Gladstone Land Corporation (the “Company”) that she is resigning from the board of directors of the Company effective immediately.”
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.