STOCK TITAN

[8-K] Industrial Logistics Properties Trust Reports Material Event

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Hims & Hers Health, Inc. (HIMS) – Form 4 insider transaction

Chief Legal Officer Soleil Boughton filed a Form 4 reporting the sale of 2,572 Class A common shares on 30 Jun 2025 under a previously established Rule 10b5-1 trading plan adopted 28 Aug 2024. The shares were sold at a stated price of $50.50 each (transaction code “S”), reducing Boughton’s directly held position to 160,737 shares. No derivative securities were involved and no additional acquisitions were reported.

The transaction represents roughly 1.6 % of the officer’s post-transaction holdings and generated proceeds of approximately $129 k. Because the sale was executed pursuant to a 10b5-1 plan, it is generally viewed as pre-scheduled rather than opportunistic. No other executives or directors were listed on this filing.

From a governance perspective, the filing signals routine portfolio diversification rather than a material change in insider sentiment. Investors may monitor future filings for patterns or larger-scale disposals, but this single, modest sale is unlikely to alter the fundamental investment thesis for HIMS.

Hims & Hers Health, Inc. (HIMS) – Transazione interna Form 4

La Chief Legal Officer Soleil Boughton ha presentato un Form 4 segnalando la vendita di 2.572 azioni ordinarie di Classe A il 30 giugno 2025 nell'ambito di un piano di trading Rule 10b5-1 adottato il 28 agosto 2024. Le azioni sono state vendute a un prezzo unitario di $50,50 (codice transazione “S”), riducendo la posizione detenuta direttamente da Boughton a 160.737 azioni. Non sono stati coinvolti titoli derivati né sono state segnalate ulteriori acquisizioni.

La transazione rappresenta circa l'1,6% delle partecipazioni dell’ufficiale dopo la transazione, generando un ricavo di circa $129.000. Poiché la vendita è stata effettuata in base a un piano 10b5-1, è generalmente considerata pre-programmata e non opportunistica. Nessun altro dirigente o membro del consiglio è stato indicato in questa comunicazione.

Dal punto di vista della governance, la segnalazione indica una diversificazione di portafoglio di routine piuttosto che un cambiamento significativo nel sentiment interno. Gli investitori possono monitorare le future comunicazioni per individuare eventuali schemi o dismissioni di maggiore entità, ma questa singola e modesta vendita difficilmente influenzerà la tesi di investimento fondamentale per HIMS.

Hims & Hers Health, Inc. (HIMS) – Transacción interna Formulario 4

La Directora Legal Soleil Boughton presentó un Formulario 4 reportando la venta de 2.572 acciones comunes Clase A el 30 de junio de 2025 bajo un plan de negociación Rule 10b5-1 adoptado el 28 de agosto de 2024. Las acciones se vendieron a un precio declarado de $50.50 cada una (código de transacción “S”), reduciendo la posición directa de Boughton a 160.737 acciones. No se involucraron valores derivados ni se reportaron adquisiciones adicionales.

La transacción representa aproximadamente el 1,6 % de las participaciones posteriores a la transacción del ejecutivo y generó ingresos de aproximadamente $129 mil. Debido a que la venta se ejecutó conforme a un plan 10b5-1, generalmente se considera preprogramada y no oportunista. Ningún otro ejecutivo o director fue listado en esta presentación.

Desde una perspectiva de gobernanza, la presentación indica una diversificación rutinaria de cartera en lugar de un cambio material en el sentimiento interno. Los inversores pueden monitorear futuras presentaciones en busca de patrones o disposiciones a mayor escala, pero esta venta única y modesta probablemente no alterará la tesis de inversión fundamental para HIMS.

Hims & Hers Health, Inc. (HIMS) – 내부자 거래 Form 4 보고

법률총괄책임자 Soleil Boughton이 2025년 6월 30일 기존에 설정된 2024년 8월 28일 채택된 Rule 10b5-1 거래 계획에 따라 2,572주 클래스 A 보통주 매도를 보고하는 Form 4를 제출했습니다. 주당 가격은 $50.50(거래 코드 “S”)로, Boughton이 직접 보유한 주식 수는 160,737주로 감소했습니다. 파생 증권은 포함되지 않았으며 추가 취득도 보고되지 않았습니다.

이번 거래는 임원의 거래 후 보유 주식의 약 1.6%에 해당하며, 약 $129,000의 수익을 발생시켰습니다. 이 매도는 10b5-1 계획에 따라 실행되었기 때문에 일반적으로 기획된 거래로 간주되며 기회주의적 거래는 아닙니다. 이 보고서에는 다른 임원이나 이사는 포함되지 않았습니다.

거버넌스 관점에서 이번 보고는 내부자의 감정 변화보다는 일상적인 포트폴리오 다각화를 의미합니다. 투자자들은 향후 보고서에서 패턴이나 대규모 매도 동향을 주시할 수 있지만, 이번 단발성 소규모 매도는 HIMS의 기본 투자 논리에 큰 영향을 미치지 않을 것입니다.

Hims & Hers Health, Inc. (HIMS) – Transaction d’initié Formulaire 4

La Directrice Juridique Soleil Boughton a déposé un Formulaire 4 signalant la vente de 2 572 actions ordinaires de Classe A le 30 juin 2025 dans le cadre d’un plan de négociation Rule 10b5-1 adopté le 28 août 2024. Les actions ont été vendues à un prix déclaré de 50,50 $ chacune (code de transaction « S »), réduisant la position détenue directement par Boughton à 160 737 actions. Aucun titre dérivé n’a été impliqué et aucune acquisition supplémentaire n’a été signalée.

La transaction représente environ 1,6 % des avoirs post-transaction de l’officier et a généré un produit d’environ 129 000 $. Comme la vente a été exécutée conformément à un plan 10b5-1, elle est généralement considérée comme préprogrammée plutôt qu’opportuniste. Aucun autre dirigeant ou administrateur n’a été mentionné dans ce dépôt.

Du point de vue de la gouvernance, le dépôt indique une diversification de portefeuille de routine plutôt qu’un changement significatif du sentiment des initiés. Les investisseurs peuvent surveiller les dépôts futurs pour détecter des tendances ou des cessions à plus grande échelle, mais cette vente unique et modeste est peu susceptible de modifier la thèse d’investissement fondamentale pour HIMS.

Hims & Hers Health, Inc. (HIMS) – Insider-Transaktion Form 4

Die Chief Legal Officer Soleil Boughton reichte ein Form 4 ein, in dem der Verkauf von 2.572 Class A Stammaktien am 30. Juni 2025 im Rahmen eines zuvor festgelegten Rule 10b5-1 Handelsplans vom 28. August 2024 gemeldet wurde. Die Aktien wurden zu einem angegebenen Preis von $50,50 pro Stück verkauft (Transaktionscode „S“), wodurch Boughtons direkt gehaltene Position auf 160.737 Aktien reduziert wurde. Es waren keine derivativen Wertpapiere beteiligt, und es wurden keine zusätzlichen Erwerbe gemeldet.

Die Transaktion entspricht etwa 1,6 % der nach der Transaktion gehaltenen Anteile der Führungskraft und erzielte Erlöse von etwa $129.000. Da der Verkauf gemäß einem 10b5-1-Plan durchgeführt wurde, gilt er allgemein als vorab geplant und nicht opportunistisch. Keine weiteren Führungskräfte oder Direktoren wurden in dieser Meldung aufgeführt.

Aus Governance-Sicht signalisiert die Meldung eine routinemäßige Portfoliodiversifikation und keine wesentliche Änderung der Insider-Stimmung. Investoren können zukünftige Meldungen auf Muster oder größere Veräußerungen beobachten, doch dieser einzelne, moderate Verkauf wird die grundlegende Investmentthese für HIMS wahrscheinlich nicht verändern.

Positive
  • None.
Negative
  • Insider sale, albeit small: The Chief Legal Officer disposed of 2,572 shares, which some investors may interpret as a mild negative signal despite the 10b5-1 context.

Insights

TL;DR: Small 10b5-1 sale; neutral impact.

The Chief Legal Officer’s disposition of 2,572 shares (≈ $129 k) represents a minor portion of her stake and was executed under a pre-arranged 10b5-1 plan, limiting the informational value of the sale. Remaining ownership of 160,737 shares maintains significant alignment with shareholders. Given the modest size and pre-scheduled nature, I view the transaction as neutral for valuation and sentiment. Continued monitoring of insider activity is prudent, but this filing alone does not suggest a shift in corporate outlook.

Hims & Hers Health, Inc. (HIMS) – Transazione interna Form 4

La Chief Legal Officer Soleil Boughton ha presentato un Form 4 segnalando la vendita di 2.572 azioni ordinarie di Classe A il 30 giugno 2025 nell'ambito di un piano di trading Rule 10b5-1 adottato il 28 agosto 2024. Le azioni sono state vendute a un prezzo unitario di $50,50 (codice transazione “S”), riducendo la posizione detenuta direttamente da Boughton a 160.737 azioni. Non sono stati coinvolti titoli derivati né sono state segnalate ulteriori acquisizioni.

La transazione rappresenta circa l'1,6% delle partecipazioni dell’ufficiale dopo la transazione, generando un ricavo di circa $129.000. Poiché la vendita è stata effettuata in base a un piano 10b5-1, è generalmente considerata pre-programmata e non opportunistica. Nessun altro dirigente o membro del consiglio è stato indicato in questa comunicazione.

Dal punto di vista della governance, la segnalazione indica una diversificazione di portafoglio di routine piuttosto che un cambiamento significativo nel sentiment interno. Gli investitori possono monitorare le future comunicazioni per individuare eventuali schemi o dismissioni di maggiore entità, ma questa singola e modesta vendita difficilmente influenzerà la tesi di investimento fondamentale per HIMS.

Hims & Hers Health, Inc. (HIMS) – Transacción interna Formulario 4

La Directora Legal Soleil Boughton presentó un Formulario 4 reportando la venta de 2.572 acciones comunes Clase A el 30 de junio de 2025 bajo un plan de negociación Rule 10b5-1 adoptado el 28 de agosto de 2024. Las acciones se vendieron a un precio declarado de $50.50 cada una (código de transacción “S”), reduciendo la posición directa de Boughton a 160.737 acciones. No se involucraron valores derivados ni se reportaron adquisiciones adicionales.

La transacción representa aproximadamente el 1,6 % de las participaciones posteriores a la transacción del ejecutivo y generó ingresos de aproximadamente $129 mil. Debido a que la venta se ejecutó conforme a un plan 10b5-1, generalmente se considera preprogramada y no oportunista. Ningún otro ejecutivo o director fue listado en esta presentación.

Desde una perspectiva de gobernanza, la presentación indica una diversificación rutinaria de cartera en lugar de un cambio material en el sentimiento interno. Los inversores pueden monitorear futuras presentaciones en busca de patrones o disposiciones a mayor escala, pero esta venta única y modesta probablemente no alterará la tesis de inversión fundamental para HIMS.

Hims & Hers Health, Inc. (HIMS) – 내부자 거래 Form 4 보고

법률총괄책임자 Soleil Boughton이 2025년 6월 30일 기존에 설정된 2024년 8월 28일 채택된 Rule 10b5-1 거래 계획에 따라 2,572주 클래스 A 보통주 매도를 보고하는 Form 4를 제출했습니다. 주당 가격은 $50.50(거래 코드 “S”)로, Boughton이 직접 보유한 주식 수는 160,737주로 감소했습니다. 파생 증권은 포함되지 않았으며 추가 취득도 보고되지 않았습니다.

이번 거래는 임원의 거래 후 보유 주식의 약 1.6%에 해당하며, 약 $129,000의 수익을 발생시켰습니다. 이 매도는 10b5-1 계획에 따라 실행되었기 때문에 일반적으로 기획된 거래로 간주되며 기회주의적 거래는 아닙니다. 이 보고서에는 다른 임원이나 이사는 포함되지 않았습니다.

거버넌스 관점에서 이번 보고는 내부자의 감정 변화보다는 일상적인 포트폴리오 다각화를 의미합니다. 투자자들은 향후 보고서에서 패턴이나 대규모 매도 동향을 주시할 수 있지만, 이번 단발성 소규모 매도는 HIMS의 기본 투자 논리에 큰 영향을 미치지 않을 것입니다.

Hims & Hers Health, Inc. (HIMS) – Transaction d’initié Formulaire 4

La Directrice Juridique Soleil Boughton a déposé un Formulaire 4 signalant la vente de 2 572 actions ordinaires de Classe A le 30 juin 2025 dans le cadre d’un plan de négociation Rule 10b5-1 adopté le 28 août 2024. Les actions ont été vendues à un prix déclaré de 50,50 $ chacune (code de transaction « S »), réduisant la position détenue directement par Boughton à 160 737 actions. Aucun titre dérivé n’a été impliqué et aucune acquisition supplémentaire n’a été signalée.

La transaction représente environ 1,6 % des avoirs post-transaction de l’officier et a généré un produit d’environ 129 000 $. Comme la vente a été exécutée conformément à un plan 10b5-1, elle est généralement considérée comme préprogrammée plutôt qu’opportuniste. Aucun autre dirigeant ou administrateur n’a été mentionné dans ce dépôt.

Du point de vue de la gouvernance, le dépôt indique une diversification de portefeuille de routine plutôt qu’un changement significatif du sentiment des initiés. Les investisseurs peuvent surveiller les dépôts futurs pour détecter des tendances ou des cessions à plus grande échelle, mais cette vente unique et modeste est peu susceptible de modifier la thèse d’investissement fondamentale pour HIMS.

Hims & Hers Health, Inc. (HIMS) – Insider-Transaktion Form 4

Die Chief Legal Officer Soleil Boughton reichte ein Form 4 ein, in dem der Verkauf von 2.572 Class A Stammaktien am 30. Juni 2025 im Rahmen eines zuvor festgelegten Rule 10b5-1 Handelsplans vom 28. August 2024 gemeldet wurde. Die Aktien wurden zu einem angegebenen Preis von $50,50 pro Stück verkauft (Transaktionscode „S“), wodurch Boughtons direkt gehaltene Position auf 160.737 Aktien reduziert wurde. Es waren keine derivativen Wertpapiere beteiligt, und es wurden keine zusätzlichen Erwerbe gemeldet.

Die Transaktion entspricht etwa 1,6 % der nach der Transaktion gehaltenen Anteile der Führungskraft und erzielte Erlöse von etwa $129.000. Da der Verkauf gemäß einem 10b5-1-Plan durchgeführt wurde, gilt er allgemein als vorab geplant und nicht opportunistisch. Keine weiteren Führungskräfte oder Direktoren wurden in dieser Meldung aufgeführt.

Aus Governance-Sicht signalisiert die Meldung eine routinemäßige Portfoliodiversifikation und keine wesentliche Änderung der Insider-Stimmung. Investoren können zukünftige Meldungen auf Muster oder größere Veräußerungen beobachten, doch dieser einzelne, moderate Verkauf wird die grundlegende Investmentthese für HIMS wahrscheinlich nicht verändern.

false 0001717307 0001717307 2025-06-26 2025-06-26 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): June 26, 2025

 

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 or certain of its subsidiaries, as the context requires.

 

Item 1.01.Entry into a Material Definitive Agreement.

 

On June 26, 2025, certain of our subsidiaries entered into a mortgage loan agreement with Citi Real Estate Funding Inc., Bank of America, N.A., Morgan Stanley Mortgage Capital Holdings LLC, Bank of Montreal, Royal Bank of Canada and UBS AG New York Branch, or collectively, the lenders, pursuant to which we obtained, in aggregate, a $1.16 billion loan secured by 101 of our properties, or the Loan. Also on June 26, 2025, we entered into a guaranty in favor of the lenders, pursuant to which we guaranteed certain limited recourse obligations of our subsidiaries with respect to the Loan. The Loan matures in July 2030 and bears interest at a weighted average fixed rate of 6.399% per annum.

 

We used the net proceeds from the Loan and cash on hand toward the repayment in full of the $1.235 billion in aggregate principal amount outstanding under our floating rate loan with Citi Real Estate Funding Inc., UBS AG New York (1285 Avenue of the Americas) Branch, Bank of America, N.A., Bank of Montreal and Morgan Stanley Mortgage Capital Holdings LLC, as mortgage lenders, and Citigroup Global Markets Realty Corp., UBS AG New York (1285 Avenue of the Americas) Branch, Bank of America, N.A., Bank of Montreal and Morgan Stanley Mortgage Capital Holdings LLC, as mezzanine lenders, and then terminated the agreements governing the floating rate loan in accordance with their terms and without penalty.

 

The agreement governing the Loan contains customary covenants and provides for acceleration of payment of all amounts due thereunder upon the occurrence and continuation of certain events of default.

 

The lenders and/or certain of their affiliates under the Loan have engaged in, and may in the future engage in, investment banking, commercial banking, advisory and other commercial dealings in the ordinary course of business with us. They have received, and may in the future receive, customary fees and commissions for these engagements.

 

The descriptions of the agreements governing the Loan and related guaranty and the terminated floating rate loan included in this Item 1.01 are not complete and are subject to and qualified in their entirety by reference to the copy of the loan agreement that is filed as Exhibit 10.1 to this Current Report on Form 8-K, and to the copies of the loan agreement and mezzanine loan agreement that were previously filed as Exhibits 10.1 and 10.2 to our Current Report on Form 8-K filed with the Securities and Exchange Commission on September 26, 2022, each of which is incorporated in this Current Report on Form 8-K by reference.

 

Item 1.02.Termination of a Material Definitive Agreement.
Item 2.03.Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

 

Reference is hereby made to the information in Item 1.01 of this Current Report on Form 8-K, which is incorporated in these Items 1.02 and 2.03 by reference.

 

Item 9.01.Financial Statements and Exhibits.

 

(d)Exhibits.

 

10.1   Loan Agreement, dated as of June 26, 2025, among certain subsidiaries of Industrial Logistics Properties Trust, Citi Real Estate Funding Inc., Bank of America, N.A., Morgan Stanley Mortgage Capital Holdings LLC, Bank of Montreal, Royal Bank of Canada and UBS AG New York Branch. (Filed herewith.)
     
104   Cover Page Interactive Data File. (Embedded within the Inline XBRL document.)

 

 

 

 

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/ Tiffany R. Sy
  Name: Tiffany R. Sy
  Title: Chief Financial Officer and Treasurer

 

Dated: July 1, 2025

 

 

 

FAQ

How many HIMS shares did the insider sell?

The Form 4 reports a sale of 2,572 Class A common shares.

At what price were the HIMS shares sold?

The stated sale price was $50.50 per share.

What is the insider's remaining HIMS shareholding?

After the sale, the officer directly owns 160,737 shares.

Was the transaction part of a Rule 10b5-1 plan?

Yes. The sale was executed under a 10b5-1 trading plan adopted on 28 Aug 2024.

Does this filing signal a major change in insider sentiment at HIMS?

Given the modest size (≈ 1.6 % of holdings) and pre-scheduled nature, the filing is generally viewed as neutral.
Industrial Logis

NASDAQ:ILPT

ILPT Rankings

ILPT Latest News

ILPT Stock Data

296.98M
52.61M
20.15%
51.83%
1.86%
REIT - Industrial
Real Estate Investment Trusts
Link
United States
NEWTON