InterGroup (NASDAQ: INTG) names Andrew Kaplan director after Love resigns

Rhea-AI Filing Summary

The InterGroup Corporation reported a change in board composition. On January 12, 2026, director John C. Love resigned from the Board of Directors of Portsmouth Square, Inc., and the company stated that his resignation was not due to any disagreement regarding operations, policies, or practices.

On the same date, the Board appointed Andrew Kaplan as a new director, effective immediately. Kaplan has more than 30 years of experience in financial public relations and capital markets, has sourced over $500 million in capital for public and private companies, and has previously served on multiple boards of publicly traded companies. The Board determined he is well-suited to serve based on his experience in capital markets, institutional and analyst outreach, corporate governance, and financing. He will receive the company’s standard compensation for non-employee directors, and there are no related-party transactions requiring disclosure.

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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): January 12, 2026

THE INTERGROUP CORPORATION

(Exact name of registrant as specified in its charter)

Delaware		1-10324		13-3293645
(State or other jurisdiction		(Commission		(IRS Employer
of incorporation)		File Number)		Identification No.)

1516 S. Bundy Drive, Suite 200, Los Angeles, CA		90025
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (310) 889-2500

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 (see General Instruction A.2. below):

☐	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 Stock		INTG		NASDAQ CAPITAL MARKET

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2)

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. ☐

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

Resignation of Director

On January 12, 2026, John C. Love notified Portsmouth Square, Inc. (the “Company”) of his resignation from the Company’s Board of Directors, effective January 12, 2026.

Mr. Love’s resignation was not the result of any disagreement with the Company on any matter relating to its operations, policies, or practices.

Appointment of Director

On January 12, 2026, the Board of Directors appointed Andrew Kaplan to serve as a director of the Company, effective immediately.

Mr. Kaplan has over 30 years of experience in financial public relations and capital markets. He has served as Vice President of Barry Kaplan Associates, a leading financial public relations firm supporting public and private companies in the United States, Canada, and the United Kingdom. During his career, Mr. Kaplan has sourced over $500 million in capital for both public and private companies.

Mr. Kaplan previously served on the boards of Avino Silver & Gold Mines Ltd. (NYSE), Coral Gold (TSX), Majesco Entertainment (Nasdaq), Polarity (Nasdaq), Riot Blockchain (Nasdaq), Naked Brand Group (Nasdaq), and US Gold Corp. (Nasdaq).

He currently acts as a capital markets consultant to Avino Silver & Gold Mines Ltd. (NYSE) and Energy Fuels Inc. (NYSE), advising on institutional outreach, analyst engagement, financings (equity, ATM, and debt), mergers and acquisitions, and corporate governance. Mr. Kaplan resides in Marlboro, New Jersey.

Board Determination

The Board of Directors determined that Mr. Kaplan is well-suited to serve as a director of the Company due to his extensive experience in capital markets, institutional and analyst outreach, corporate governance, and financing, along with his prior service on multiple boards of publicly traded companies.

The Board has appointed Mr. Kaplan’s committee assignments.

There are no arrangements or understandings pursuant to which Mr. Kaplan was selected as a director, and no related-party transactions involving Mr. Kaplan that require disclosure under Item 404(a) of Regulation S-K.

Mr. Kaplan will receive the Company’s standard compensation for non-employee directors.

Exhibit No.		Description
104		Cover Page Interactive Data File

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.

	THE INTERGROUP CORPORATION
Dated: January 12, 2026	By:	/s/ Ann Marie Blair
		Ann Marie Blair,
		Principal Financial Officer

FAQ

What board change did THE INTERGROUP CORPORATION (INTG) report?

The company disclosed that John C. Love resigned from the Board of Directors of Portsmouth Square, Inc. on January 12, 2026, and that the Board appointed Andrew Kaplan as a new director effective the same date.

Did John C. Love resign from INTG due to a disagreement with the company?

No. The company stated that Mr. Love’s resignation was not the result of any disagreement with the company on matters related to its operations, policies, or practices.

Who is Andrew Kaplan, the new director at INTG’s affiliated company?

Andrew Kaplan has over 30 years of experience in financial public relations and capital markets. He has served as Vice President of Barry Kaplan Associates and has sourced over $500 million in capital for public and private companies, with prior board roles at several NYSE, TSX, and Nasdaq-listed companies.

Why did the Board determine Andrew Kaplan is well-suited to serve as a director?

The Board cited his extensive experience in capital markets, institutional and analyst outreach, corporate governance, and financing, along with prior service on multiple boards of publicly traded companies, as reasons he is well-suited to serve.

Are there any related-party transactions involving Andrew Kaplan that investors should know about?

The company stated that there are no arrangements or understandings under which Mr. Kaplan was selected as a director and no related-party transactions involving him that require disclosure under Item 404(a) of Regulation S-K.

How will Andrew Kaplan be compensated as a director of INTG’s affiliated company?

Andrew Kaplan will receive the company’s standard compensation for non-employee directors, according to the disclosure.