Industrial Logistics taps Anthony Paula as CFO

Industrial Logistics Properties Trust appoints a new Chief Financial Officer as the current CFO resigns effective September 30, 2026.

Rhea-AI Filing Summary

Industrial Logistics Properties Trust (ILPT) reports a leadership change in its finance function. On September 16, 2026, the Board of Trustees appointed Anthony Paula, age 39, as Chief Financial Officer and Treasurer, effective October 1, 2026. Paula is a vice president of The RMR Group LLC, where he oversees accounting, SEC reporting and corporate finance functions, and has more than 15 years of commercial real estate experience. He is a certified public accountant with a master’s degree in accounting from the University of Massachusetts Amherst and has served as vice president of Diversified Healthcare Trust since December 2024, a role he will leave upon assuming the ILPT position. Paula replaces Tiffany R. Sy, who has resigned as Chief Financial Officer and Treasurer effective September 30, 2026. ILPT states there is no arrangement or understanding with any other person related to Paula’s appointment, no relationships requiring related-party disclosure, and no family relationships with the Board or executive officers. ILPT will enter into an indemnification agreement with Paula on substantially the same terms as those for its other trustees and executive officers.

Positive

• None.

Negative

• Chief Financial Officer change: Tiffany R. Sy resigned as Chief Financial Officer and Treasurer effective September 30, 2026, creating a key leadership transition in ILPT’s finance organization.

8-K Event Classification

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

1 item

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Key Figures

Effective date of new CFO: October 1, 2026 Resignation date of outgoing CFO: September 30, 2026 Age of new CFO: 39 years +2 more

5 metrics

Effective date of new CFO October 1, 2026 Date when Anthony Paula becomes Chief Financial Officer and Treasurer

Resignation date of outgoing CFO September 30, 2026 Effective date of Tiffany R. Sy’s resignation as CFO and Treasurer

Age of new CFO 39 years Age of Anthony Paula at the time of appointment

Commercial real estate experience More than 15 years Anthony Paula’s experience in commercial real estate, including accounting and corporate finance

Quarter of referenced indemnification exhibit Quarter ended June 30, 2026 Form of indemnification agreement filed as Exhibit 10.2 to ILPT’s Form 10-Q

Key Terms

indemnification agreement, Item 404(a) of Regulation S-K, emerging growth company, Securities and Exchange Commission

4 terms

indemnification agreement regulatory

"we will enter into an indemnification agreement with Mr. Paula"

An indemnification agreement is a contract in which one party promises to cover losses, costs, or legal claims that another party might face, acting like a tailored safety net or private insurance policy. For investors, it matters because such agreements shift potential financial risk away from a company or its officers and onto the indemnifier, which can affect a company’s future liabilities, cash flow and how risky the investment appears during deal-making or litigation.

Item 404(a) of Regulation S-K regulatory

"transactions, relationships or agreements ... pursuant to Item 404(a) of Regulation S-K"

emerging growth company regulatory

"Emerging growth company"

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

Securities and Exchange Commission regulatory

"Securities and Exchange Commission, or SEC, reporting and corporate finance functions"

A national government agency that enforces rules for buying, selling and disclosing information about stocks and other investments, acting like a referee and scorekeeper for financial markets. It requires companies to share clear, regular financial and business information and investigates fraud or rule-breaking, which matters to investors because those rules and disclosures help ensure fair prices, reduce hidden risks and make it easier to compare investment choices.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What leadership change did ILPT (Industrial Logistics Properties Trust) announce?

ILPT announced that its Board appointed Anthony Paula as Chief Financial Officer and Treasurer effective October 1, 2026, replacing Tiffany R. Sy, who resigned from those positions effective September 30, 2026.

What is the background of new ILPT CFO Anthony Paula?

Anthony Paula, age 39, is a vice president at The RMR Group LLC, responsible for accounting, SEC reporting and corporate finance. He has more than 15 years of commercial real estate experience and is a certified public accountant with a master’s degree in accounting.

When will the ILPT CFO transition occur?

The outgoing CFO, Tiffany R. Sy, will step down effective September 30, 2026, and Anthony Paula will assume the roles of Chief Financial Officer and Treasurer effective October 1, 2026.

Does ILPT report any related-party transactions with new CFO Anthony Paula?

ILPT states there are no transactions, relationships or agreements between the company and Anthony Paula requiring disclosure under Item 404(a) of Regulation S-K, other than his positions with The RMR Group LLC described in the report.

Will ILPT provide an indemnification agreement to the new CFO?

Yes. ILPT will enter into an indemnification agreement with Anthony Paula on substantially the same terms as those with its other trustees and executive officers, using the form previously filed as an exhibit to its Form 10-Q for the quarter ended June 30, 2026.

What other role will Anthony Paula leave when he becomes ILPT CFO?

Anthony Paula has served as vice president of Diversified Healthcare Trust since December 2024 and will resign from that position in connection with his appointment as ILPT’s Chief Financial Officer and Treasurer.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Understanding 8-K Material Events →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 09/21/2026 - 04:25 PM Accepted by SEC EDGAR 09/21/2026 - 04:22 PM Learn about SEC filing dates

false 0001717307 0001717307 2026-09-16 2026-09-16 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): September 16, 2026

INDUSTRIAL LOGISTICS PROPERTIES TRUST

(Exact Name of Registrant as Specified in Its Charter)

Maryland

(State or Other Jurisdiction of Incorporation)

001-38342		82-2809631
(Commission File Number)		(IRS Employer Identification No.)

Two Newton Place, 255 Washington Street, Suite 300, Newton, Massachusetts   02458-1634

(Address of Principal Executive Offices) (Zip Code)

617-219-1460

(Registrant’s Telephone Number, Including Area Code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities Registered Pursuant to Section 12(b) of the Act:

Title of Each Class		Trading Symbol(s)		Name Of Each Exchange On Which Registered
Common Shares of Beneficial Interest		ILPT		The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

In this Current Report on Form 8-K, the terms “we”, “us” and “our” refer to Industrial Logistics Properties Trust.

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 16, 2026, our Board of Trustees, or the Board, appointed Anthony Paula as our Chief Financial Officer and Treasurer, effective October 1, 2026.

Mr. Paula, age 39, is a vice president of our manager, The RMR Group LLC, or RMR, where he is responsible for certain accounting, Securities and Exchange Commission, or SEC, reporting and corporate finance functions. Mr. Paula has more than 15 years of commercial real estate experience, including accounting and corporate finance, capital markets transactions, SEC reporting and compliance, and has been with RMR since 2011. Mr. Paula has also served as vice president of Diversified Healthcare Trust since December 2024, and he will resign from that position in connection with his appointment as our Chief Financial Officer. Mr. Paula is a certified public accountant and earned a master’s degree in accounting from the University of Massachusetts Amherst.

There is no arrangement or understanding between Mr. Paula and any other person pursuant to which Mr. Paula was appointed as our Chief Financial Officer and Treasurer. Other than his positions with RMR, as described above, there are no transactions, relationships or agreements between Mr. Paula and us that would require disclosure pursuant to Item 404(a) of Regulation S-K promulgated under the Securities Exchange Act of 1934, as amended. Mr. Paula does not have a family relationship with any member of the Board or any of our executive officers.

Mr. Paula will replace Tiffany R. Sy, who has resigned as our Chief Financial Officer and Treasurer, effective September 30, 2026.

In connection with Mr. Paula’s appointment as our Chief Financial Officer and Treasurer, we will enter into an indemnification agreement with Mr. Paula, which agreement will be on substantially the same terms as the indemnification agreements we have entered into with our other Trustees and executive officers. We have previously filed a form of indemnification agreement as Exhibit 10.2 to our Quarterly Report on Form 10-Q for the quarter ended June 30, 2026, which form is incorporated herein by reference.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	INDUSTRIAL LOGISTICS PROPERTIES TRUST
	By:	/s/ Yael Duffy
	Name:	Yael Duffy
	Title:	President and Chief Executive Officer

Dated: September 21, 2026

Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA 2.9 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 33.4 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 21.8 KB