Every 8-K that Mays (J.W.) Inc (MAYS) 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 MAYS 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 MAYS filings page.
J.W. Mays, Inc. entered into a transition agreement with Vice President, Chief Financial Officer, and Treasurer Ward Lyke Jr. on July 30, 2026. He will continue in his roles through September 25, 2026, when he will step down and resign. The company states his departure is not related to any disagreements.
The agreement keeps his base salary at $316,000 through the Separation Date and, if he remains in good standing and signs an Agreement and General Release, provides separation benefits including six weeks of base salary. Upon his separation, Controller Kevin Guptar will serve as Principal Financial Officer and Principal Accounting Officer.
J. W. Mays, Inc. reported weaker results for the three and nine months ended April 30, 2026. Revenue for the quarter was $5,314,751 versus $5,632,151 a year earlier, and nine‑month revenue was $15,777,647 versus $16,814,724.
The company posted a quarterly net loss from operations of $(216,863), or $(0.11) per share, compared with net income from operations of $86,784, or $0.04 per share, in the prior‑year quarter. For the nine‑month period, net loss from operations widened to $(1,059,850), or $(0.53) per share, from a net loss from operations of $(44,240), or $(0.02) per share, a year earlier.
J.W. Mays, Inc. has entered into an $8,000,000 non‑revolving line of credit and building loan with Beacon Bank & Trust, secured by a first‑lien mortgage on its Fishkill, New York property. During the advance period through May 11, 2027, the company pays a floating rate equal to the lender’s WSJ Prime Rate plus 100 basis points, with a minimum rate of 7.25% per annum.
From May 12, 2027 until the May 1, 2036 maturity date, the loan amortizes over 25 years at a rate based on the Federal Home Loan Bank of Boston five‑year advance index plus 225 basis points, subject to a 6.00% minimum rate. J.W. Mays must keep at least $1,000,000 on deposit with the lender and funded a $350,000 interest reserve at closing. About $2,000,000 was advanced initially, and the company plans to use net proceeds to expand rentable space at the Fishkill property for an existing tenant, with expectations to draw the full $8,000,000 as the project progresses.
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.
J.W. Mays, Inc. has engaged Newmark Group, Inc. to begin actively marketing its property at 25 Elm Place in Brooklyn, New York for a potential sale to unaffiliated third-party buyers. This step supports the company’s previously stated strategy of exploring property sales to manage liquidity needs.
The company will continue to lease and operate the 25 Elm Place property as usual while marketing progresses and may negotiate lease modifications, terminations, or relocations of certain tenants to its 9 Bond Street property in Brooklyn. Any sale would require approval by the Board of Directors, and there is no assurance that a transaction will occur or when it might happen.
J. W. Mays, Inc. disclosed that its wholly owned subsidiary J.W.M. Realty Corp. entered into a new mortgage loan with Putnam County National Bank secured by its Circleville, Ohio property. The Loan has a principal amount of $6,200,000, a fixed interest rate of 7.00% per annum, and is due in full on April 1, 2031, when it becomes payable on demand.
The Borrower must make equal monthly payments of $48,068.53 starting May 1, 2026 until principal and interest are fully repaid, with each payment applied first to interest, then lender advances, then principal. Prepayments are allowed but carry penalties of 3%, 2%, and 1% of outstanding principal in the first three years. The Company unconditionally guarantees all borrower obligations, used $3,135,704 of net proceeds to repay an existing secured loan with the same lender, and plans to apply the remaining proceeds to maintenance, repairs and onboarding new tenants on various properties.
J. W. Mays, Inc. reported weaker results for the three and six months ended January 31, 2026. For the quarter, revenues from operations were $5,211,482 compared with $5,643,444 in the 2025 period, while net loss from operations widened to $(508,960), or $(0.25) per share, from $(157,681), or $(0.08) per share.
For the six-month period, revenues from operations were $10,462,896 versus $11,182,573 a year earlier, and net loss from operations increased to $(842,987), or $(0.42) per share, from $(131,024), or $(0.07) per share.
J. W. Mays, Inc. filed a current report stating that it issued a press release on December 10, 2025, covering financial results for the three months ended October 31, 2025. The release reported revenues and a net loss for this period and compared these figures with revenues and net income for the three months ended October 31, 2024. The press release is included as Exhibit 99(i), giving investors detailed quarterly performance information beyond this brief report.
J.W. Mays, Inc. reported the results of its shareholder meeting, where stockholders approved fixing the number of directors at seven, with 1,535,244 votes in favor. All seven director nominees, including Jennifer L. Caruso and Lloyd J. Shulman, were elected with strong support. Shareholders also ratified Prager Metis CPA’s, LLP as independent auditors and approved the advisory vote on executive compensation.
In an advisory vote on how often to hold future say-on-pay votes, investors favored holding them every one year, with 1,387,851 votes for that option. The company also disclosed that it renewed a consulting agreement with director Mark S. Greenblatt, under which he will receive $10,000 per month starting January 1, 2026, on a month-to-month basis while providing financial and operating performance consulting.
J.W. Mays, Inc. filed an 8-K announcing it issued a press release on October 22, 2025 reporting financial results for the three and twelve months ended July 31, 2025. The release details revenues and net loss for those periods and provides comparisons to the three and twelve months ended July 31, 2024.
The press release is furnished as Exhibit 99(i). The filing is presented under Item 2.02 (Results of Operations and Financial Condition).