J.W. Mays (NASDAQ: MAYS) starts marketing 25 Elm Place for sale

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

8-K/A

Rhea-AI Filing Summary

J.W. Mays, Inc. filed an amended report to correct a header error and clarify that recent disclosures are made under Item 7.01 as a Regulation FD Disclosure, not as entry into a material definitive agreement. The company has engaged Newmark Group, Inc. to begin marketing its property at 25 Elm Place in Brooklyn for sale to unaffiliated third parties as part of broader efforts to consider strategic real estate sales to address liquidity needs. Marketing is at an early stage, the property will continue to be leased and operated as usual, and any sale would require Board approval, with no assurances a transaction will occur or when it might happen.

8-K Event Classification

Item 7.01 — Regulation FD Disclosure

1 item

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Key Terms

Regulation FD Disclosure, forward-looking statements, Private Securities Litigation Reform Act of 1995, liquidity needs, +1 more

5 terms

Regulation FD Disclosure regulatory

"disclosures were intended to be responsive to Item 7.01 as a Regulation FD Disclosure"

Regulation FD disclosure requires public companies to share important, market-moving information with everyone at the same time instead of tipping off analysts or large investors first. Think of it as making sure all players on a field hear the same announcement simultaneously; that fairness helps investors trust that stock prices reflect the same information and reduces the risk of sudden, unfair trading advantages or regulatory penalties for selective leaks.

forward-looking statements regulatory

"Statements in this on regarding the potential sale of the Property and any other statements about future expectations... constitute forward-looking statements"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

Private Securities Litigation Reform Act of 1995 regulatory

"forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995"

liquidity needs financial

"to sell or divest one or more of its properties or real estate assets to manage its liquidity needs"

macro-economic and real estate market conditions financial

"including, but not limited to prevailing macro-economic and real estate market conditions"

Understanding 8-K Material Events →

04/15/2026 - 06:30 AM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K/A

(Amendment No. 1)

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of report (Date of earliest event reported): April 14, 2026

J. W. Mays, Inc.

(Exact Name of Registrant as Specified in Charter)

New York		1-3647		11-1059070
(State or Other Jurisdiction of Incorporation)		(Commission File Number)		(I.R.S. Employer Identification No.)

9 Bond Street. Brooklyn, New York		11201-5805
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s Telephone Number, Including Area Code (718) 624-7400

	Not Applicable
	(Former Name or Former Address, if Changed Since Last Report)

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 communication 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 communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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).

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, $1 par value	MAYS	NASDAQ

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. ☐

Explanatory Note

The Registrant hereby amends its Current Report on Form 8-K previously filed on April 14, 2026 (the “Original Form 8-K”) solely to correct a typographical error in the Original Form 8-K, which used the wrong header and erroneously described the event as “Entry into a Material Definitive Agreement”; the disclosures were intended to be responsive to Item 7.01 as a Regulation FD Disclosure. This Current Report on Form 8-K/A speaks as of the original filing time of the Original Form 8-K and does not modify or update in any way disclosures made in the Original Form 8-K other than to include the disclosures under Item 7.01.

Item 7.01 Regulation FD Disclosure.

As previously disclosed in the most recent quarterly report on Form 10-Q, J.W. Mays, Inc. (the “Company” or “we”) is considering any strategic opportunities to sell or divest one or more of its properties or real estate assets to manage its liquidity needs, and the determination of whether a particular property should be sold or otherwise disposed of will generally be made after consideration of relevant factors, including, but not limited to prevailing macro-economic and real estate market conditions, alternative investment opportunities, tax implications, and considerations specific to the condition, value, and financial performance of the property to be sold.

The Company has engaged Newmark Group, Inc. to begin actively marketing 25 Elm Place, Brooklyn, New York (the “Property”) for sale to unaffiliated third-party prospective buyers. These marketing efforts are in their early stages and will remain ongoing for the foreseeable future. In the interim, management will continue to lease and operate the Property as usual and plans to engage existing tenants at the Property on a review of their current leases and the opportunity for certain tenants to enter into lease modifications or terminations, which may also include the relocation to another Company property at 9 Bond Street, Brooklyn, New York. Any decision by the Company to enter into a sale transaction of the Property will be approved by the Company’s Board of Directors. There can be no assurances regarding whether a sale of the Property will take place nor on the timing of such a sale.

Safe Harbor for Forward-Looking Statements

Statements in this Current Report on Form 8-K regarding the potential sale of the Property and any other statements about future expectations, beliefs, goals, plans or prospects constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements that are not statements of historical fact (including statements containing the words “believes,” “plans,” “anticipates,” “expects,” estimates and similar expressions) should also be considered to be forward-looking statements. There are a number of important factors that could cause actual results or events to differ materially from those indicated by such forward-looking statements, including, but not limited to: the ability to consummate the proposed transaction, disruptions in the capital and lending markets, economic conditions, risks of a lessening demand for the real estate owned by the Company, changes in government regulations, geopolitical events and expenditures that cannot be anticipated such as utility rate and usage increases, unanticipated repairs, insurance increases and real estate tax valuation reassessments, and the other factors described in the Company’s Annual Report on Form 10-K for the year ended July 31, 2025 and its most recent quarterly reports on Form 10-Q filed with the SEC. The Company disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this Current Report on Form 8-K.

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.

	J. W. Mays, Inc.

Dated: April 15, 2026	By: Ward Lyke, Jr.
	Ward N. Lyke, Jr.
	Vice President,
	Chief Financial Officer
	and Treasurer

Source: View Original Filing on SEC EDGAR

FAQ

What did J.W. Mays (MAYS) disclose in this amended 8-K/A?

J.W. Mays corrected a prior filing’s header and confirmed the disclosure is made under Item 7.01 as a Regulation FD Disclosure. It also detailed plans to market its 25 Elm Place Brooklyn property for potential sale as part of its liquidity management strategy.

Which property is J.W. Mays (MAYS) considering selling?

J.W. Mays is considering a potential sale of its real estate asset at 25 Elm Place, Brooklyn, New York. The property is being actively marketed to unaffiliated third-party buyers, while management continues normal leasing and operations during these early-stage marketing efforts.

Who is marketing J.W. Mays’ 25 Elm Place property?

J.W. Mays has engaged Newmark Group, Inc. to begin actively marketing the 25 Elm Place, Brooklyn property for sale. Newmark will seek unaffiliated third-party prospective buyers while the company maintains normal operations and explores lease modifications or relocations for certain tenants.

How might tenants at 25 Elm Place be affected by J.W. Mays’ plans?

Management plans to continue leasing and operating 25 Elm Place as usual, but will review existing leases with tenants. Some tenants may be offered lease modifications, terminations, or relocation opportunities to another company property at 9 Bond Street in Brooklyn.

Is a sale of J.W. Mays’ 25 Elm Place property guaranteed to occur?

A sale is not guaranteed. Any decision to sell 25 Elm Place must be approved by J.W. Mays’ Board of Directors. The company explicitly states there can be no assurances a sale will take place or regarding the timing of any potential transaction.

Why is J.W. Mays (MAYS) considering selling real estate assets?

J.W. Mays previously disclosed it is considering strategic opportunities to sell or divest properties to manage liquidity needs. Decisions on specific property sales will reflect macro-economic and real estate conditions, tax implications, and each property’s condition, value, and financial performance.

Filing Exhibits & Attachments

3 documents