Every 8-K that Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock (LANDP) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow LANDP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LANDP filings page.
Gladstone Land Corporation reported second-quarter 2026 results reflecting continued losses but stronger cash generation and balance sheet progress. Total operating revenues were $12.7 million, up 3.2% year over year, while total operating expenses rose 35.9%, including a $4.2 million non-cash impairment on four Arizona farms. Net loss was $8.5 million, with net loss attributable to common stockholders of $13.5 million, or $0.315 per share.
Non-GAAP performance improved: AFFO available to common was $(1.6) million, versus $(3.5) million in the prior-year quarter, and cash flows from operations rose to $19.9 million, up 404.7%. The company paid $0.140 per share in common distributions and maintained a 95.4% occupancy rate. Total indebtedness declined 12.7% to $487.8 million, and a new $37.0 million Farm Credit revolving facility enhanced liquidity. Management highlighted a continued shift toward participation-based rents on “Repositioned Farms,” with a substantial majority of 2026 revenue and earnings expected to be recognized in the fourth quarter, and noted materially higher pistachio and almond pricing supporting these farms.
Gladstone Land Corporation authorized a Preferred Stock Repurchase Program for up to $20,000,000 of its 6.00% Series B Cumulative Redeemable Preferred Stock and up to $35,000,000 of its 6.00% Series C Cumulative Redeemable Preferred Stock. The authorization expires on July 14, 2027, may be suspended or discontinued at any time, and does not obligate the company to repurchase any particular amount.
Repurchases may occur through open-market purchases on U.S. exchanges or privately negotiated transactions, including under Rule 10b5-1 trading plans, with timing and size driven by market and economic conditions. Gladstone Land is a publicly traded real estate investment trust focused on U.S. farmland, owning 142 farms totaling approximately 98,000 acres and over 55,000 acre-feet of water assets in California.
Gladstone Land Corporation has elected George “Chip” Stelljes, III as an independent director, effective June 1, 2026. He joins the 2028 class of directors with a term ending at the 2028 annual stockholder meeting and will serve on the Compensation, Ethics, Nominating and Corporate Governance, and Valuation Committees.
In connection with his appointment, the board has been expanded from seven to eight directors. The company highlights his more than 25 years of experience in investment analysis, management and advisory roles, including prior senior positions with the Gladstone Companies. Gladstone Land is a farmland-focused real estate investment trust owning 144 farms totaling about 99,000 acres and paying monthly common dividends of $0.0467 per share, or $0.5604 per year.
Gladstone Land Corporation reported results from its 2026 Annual Meeting of Stockholders. Stockholders elected two directors to serve until the 2029 Annual Meeting. David Gladstone received 14,533,998 votes for and 794,093 withheld, while John H. Outland received 8,056,134 votes for and 7,271,957 withheld. Each director’s proposal also recorded 14,059,519 broker non-votes. Stockholders further ratified the Audit Committee’s selection of PricewaterhouseCoopers LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 28,611,523 votes for, 621,955 against, and 154,132 abstentions.
Gladstone Land Corporation reported mixed first-quarter 2026 results, with a net loss of about $4.3 million versus net income of $15.1 million a year earlier, driven largely by higher operating expenses and reduced gains on property sales.
Net loss attributable to common stockholders was about $10.0 million, or $0.24 per share, compared with net income of $9.1 million, or $0.25 per share, in the prior-year quarter. However, AFFO rose to roughly $3.1 million, or $0.08 per share, up from $2.0 million, or $0.06 per share, reflecting stronger cash-based performance.
Results were heavily influenced by participation rents and crop sales tied to an early 2025 pistachio bonus payment of about $4.9 million, while fixed base rents declined as farms were sold, transitioned, or vacated. The company redeemed $60.6 million of Series D Term Preferred Stock, raised approximately $36.7 million via its ATM program, repurchased preferred shares at a gain, and paid common stock distributions of about $0.14 per share.
Gladstone Land Corporation entered into new Equity Distribution Agreements with Virtu Americas and Lucid Capital Markets that allow at-the-market sales of its common stock with an aggregate offering price of up to $500.0 million. These Sales Agreements amend and restate prior equity distribution arrangements with the same firms.
The shares will be issued under Gladstone Land’s Registration Statement on Form S-3 (File No. 333-294917), using a prospectus dated April 23, 2026 and a prospectus supplement dated April 24, 2026. Each sales agent may receive up to 3.0% of the gross proceeds from shares it sells, and the company is not obligated to sell any shares under the program.
Gladstone Land Corporation filed an amendment to update a prior report about changes to its capital structure. The company discovered immaterial errors in earlier Articles Supplementary filed in Maryland and has now corrected them through a Certificate of Correction.
The correction clarifies that no shares of 5.00% Series D Cumulative Term Preferred Stock were reclassified, because none were authorized and outstanding on the effective filing date. It also confirms that authorized capital stock as of that date totals 100,000,000 shares, allocated among common stock and several preferred series without changing overall authorization.
Gladstone Land Corporation reported a leadership change, appointing John Sateri as Chief Investment Officer, effective March 20, 2026. At the same time, he was also named CIO of several related Gladstone entities and continues to serve as President of the Gladstone Alternative Income Fund.
Sateri has been with the Gladstone Companies since 2007 and most recently served as Executive Vice President of Investments, sitting on the Investment Committee and originating debt and equity investments. The company notes that its executives, including Sateri, are compensated by an external adviser and administrator, as Gladstone Land currently has no employees.
Gladstone Land Corporation reported a sharp rebound in fourth-quarter 2025 results driven by a shift toward participation-based rents and new direct farming income. Q4 operating revenues rose to $41.5 million, nearly doubling the prior year, with net income of $4.2 million. However, after preferred dividends, common shareholders still recorded a net loss of $1.8 million, or $0.05 per share.
Key REIT cash metric AFFO for Q4 increased to $14.4 million, or $0.38 per share, from $3.4 million, or $0.09, helped by roughly $20.0 million of participation rents, a $2.1 million lease termination fee, and $2.6 million of net income from crop sales. For 2025 as a whole, operating revenues edged up to $88.3 million, but AFFO declined to $14.4 million, or $0.39 per share, from $16.7 million, or $0.47, as farm sales, higher operating costs, and revenue timing offset gains.
During 2025 the company sold 13 farms totaling 12,502 acres for about $95.4 million, realizing net gains of roughly $21.3 million, and reduced total indebtedness to $535.9 million. Subsequent to year-end, it redeemed all $60.6 million of 5.00% Series D Term Preferred Stock and raised about $33.0 million via its ATM equity program. Management highlighted favorable nut crop pricing, plans to return leases to more fixed base rent, and strong liquidity with over $85 million of immediately available capital.