Every 8-K that Modiv Industrial Inc (MDV) 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 MDV 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 MDV filings page.
Modiv Industrial, Inc. completed previously announced merger transactions with Global Net Lease, Inc. (GNL) on August 12, 2026. Modiv merged with and into GNL Motion Merger Sub, LLC, which remained as the surviving entity and a wholly owned subsidiary of GNL, while Modiv Operating Partnership became a wholly owned subsidiary of Global Net Lease Operating Partnership, L.P.
At the merger effective time, each outstanding share of Modiv common stock and preferred stock was cancelled and converted into the right to receive the applicable common or preferred stock merger consideration under the Merger Agreement, and former holders ceased to have any rights as Modiv stockholders other than those merger consideration rights. In connection with closing, all outstanding amounts under Modiv Operating Partnership’s January 18, 2022 credit agreement were repaid in full, all obligations and commitments were terminated, and related security interests and liens were released.
Following the change in control, Modiv notified the NYSE and requested removal of Modiv common and preferred stock from listing and deregistration, and trading was suspended prior to the opening on the closing date. GNL intends to file a Form 15 to terminate the registration of these securities and suspend related reporting obligations. All Modiv directors resigned at the merger effective time, certain officers ceased to serve, and the surviving entity’s organizational documents became those of the pre‑merger REIT Merger Sub.
Modiv Industrial, Inc. stockholders approved the planned merger with Global Net Lease, Inc. under the existing Agreement and Plan of Merger. At the August 10, 2026 virtual special meeting, 6,762,735 Class C common shares were present, representing about 65.5% of voting power and establishing a quorum.
The Merger Proposal passed with 6,363,283 votes for, 295,685 against and 103,767 abstaining. The non-binding Merger Compensation Proposal also passed, with 5,324,201 votes for and 1,197,030 against. The Adjournment Proposal was approved but not needed. In a related press release, Modiv stated that approximately 94% of votes cast supported the transaction, representing more than 61% of outstanding shares, and indicated the acquisition is expected to close on or about August 12, 2026, subject to remaining customary conditions. The company also highlighted that, upon closing, Modiv investors are expected to receive a 25% increase in dividend income as shareholders of GNL.
Modiv Industrial, Inc. announced cash dividends for both its preferred and common shareholders. The company’s board authorized a quarterly dividend of $0.4609375 per share on its 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock for the second quarter of 2026, payable on July 15, 2026 to holders of record on June 30, 2026.
For Class C common stock, the board declared regular monthly cash distributions of $0.10 per share for July and August 2026. These distributions are payable on or about August 10, 2026 to shareholders of record on July 31, 2026 and August 3, 2026, respectively, representing an annualized distribution rate of $1.20 per common share.
Modiv Industrial, Inc. agreed to be acquired by Global Net Lease, Inc. (GNL) in an all-stock merger. Modiv common stockholders will receive 1.975 shares of GNL common stock per Modiv share, while Modiv’s 7.375% Series A preferred stockholders will receive $25.00 in cash plus accrued and unpaid dividends per share.
The combined enterprise value is approximately $535 million. Based on GNL’s May 1, 2026 share price, the consideration equals about $18.82 per Modiv share, a 17% premium to Modiv’s prior close and a 28% premium to its unaffected price before a January 20, 2026 strategic update. Modiv holders are also expected to see a 25% increase in annual dividends after closing and will own roughly 11% of the combined company, with existing GNL stockholders owning about 89%.
The deal is expected to be immediately 4% accretive to GNL’s AFFO per share and leverage neutral, as GNL plans to repay all Modiv debt and preferred stock using its revolving credit facility and cash on hand. Closing is targeted for the third quarter of 2026, subject to Modiv stockholder approval, regulatory clearances, effectiveness of a Form S‑4 registration statement, NYSE listing approval for new GNL shares and customary conditions. If certain competing deal or stockholder-vote scenarios occur, Modiv may owe GNL a $10 million termination fee, and in specified breach or failure-to-close situations, the breaching party may owe the other $15 million.
Modiv Industrial, Inc. reported mixed results for the fourth quarter and full year 2025. For 2025, net loss attributable to common stockholders was $2.1 million, or $(0.31) per diluted share, compared with net income of $2.3 million in 2024. However, full-year AFFO rose 15.0% to $17.2 million, or $1.38 per diluted share, up from $14.99 million in 2024, highlighting stronger underlying cash earnings.
Fourth-quarter 2025 net income attributable to common stockholders was $0.4 million, with AFFO of $4.0 million and distributions declared of $1.17 per common share for the year. The company advanced its asset recycling strategy, completing the $26.0 million sale of its Issaquah, Washington office property, repaying the related $18.3 million mortgage, and recording $5.8 million of impairments tied to its Saint Paul, Minnesota property.
Management extended the credit facility maturity to July 18, 2028, maintained a largely industrial portfolio of 42 properties with annualized base rent of $39.1 million, and reported a leverage ratio of 45.1% and net debt/Adjusted EBITDA of 6.5x at year-end 2025. An external appraisal as of January 31, 2026 indicated a net asset value of $22.19 per share, which management cited in discussing potential strategic interest and ongoing recycling and capital allocation priorities.
Modiv Industrial, Inc. will report fourth quarter and full-year 2025 results after the market closes on March 25, 2026, with a conference call at 4:30 p.m. Eastern Time. The webcast link and dial-in numbers are provided via the company’s investor relations site.
The board declared a quarterly cash dividend of $0.4609375 per share on the 7.375% Series A Preferred Stock for the first quarter of 2026, payable April 15, 2026 to holders of record on March 31, 2026, an annualized rate of $1.84375 per share.
It also declared monthly cash distributions of $0.10 per share on Class C common stock for April, May and June 2026, payable mid–May, mid–June and mid–July to respective month-end record holders. This represents an annualized common distribution rate of $1.20 per share and a stated dividend yield of 8.4% based on a $14.28 share price. The company notes future dividends are not guaranteed and will depend on financial condition and board decisions.
Modiv Industrial, Inc. filed a current report to note that it issued a press release on January 22, 2026 describing the tax treatment of dividends paid to its common and preferred stockholders for 2025. This information is being provided to help investors and shareholders understand how those 2025 dividends are characterized for U.S. tax reporting purposes.
The company states that the press release attached as Exhibit 99.1 is being furnished, not filed, so it is not subject to certain liability provisions of the Exchange Act and is not automatically incorporated into other SEC filings. The report also includes the standard forward-looking statements disclaimer, directing readers to the company’s Form 10-K risk factors for additional context.
Modiv Industrial, Inc. reported several corporate, financing and capital-return actions. The company entered a Fourth Amendment to its credit agreement, extending the credit facility maturity by eighteen months to July 18, 2028, removing a 10 basis point SOFR adjustment and permitting repurchases of its 7.375% Series A preferred stock when funded by recent stock issuance or asset sale proceeds.
The company announced that long-time finance leader Raymond J. Pacini will resign as Chief Financial Officer, Secretary and Treasurer effective upon the filing of the Form 10-K for the year ended December 31, 2025, and will remain an Executive Vice President. John C. Raney, currently General Counsel and Chief Operating Officer, will become Chief Financial Officer and Secretary, with no change to his existing compensation arrangements.
The board declared monthly cash distributions on Class C common stock of $0.10 per share for January, February and March 2026, equating to an annualized rate of $1.20 per share. It also amended the preferred stock repurchase program to extend it to December 31, 2027 and cap total repurchases at $49,648,077, including $7,637,027 already repurchased, leaving $42,011,050 available. In addition, the board approved termination of the common stock dividend reinvestment plan effective February 15, 2026, after which all common dividends will be paid in cash.
Modiv Industrial, Inc. reported that its board of directors declared a quarterly dividend for the fourth quarter of 2025 on its 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock. The dividend was authorized on November 12, 2025 and set at $0.4609375 per share, payable on January 15, 2026 to holders of record as of the close of business on December 31, 2025. The company noted in a forward-looking statement disclaimer that future dividends are not guaranteed and will depend on financial condition and other factors deemed relevant by the board.
Modiv Industrial, Inc. furnished an earnings press release and supplemental data covering the quarter ended September 30, 2025. The materials are available on the company’s website and are attached as Exhibits 99.1 (press release) and 99.2 (supplemental data).
The company states these materials are being furnished, not filed, and therefore are not subject to Section 18 liability. They are not incorporated by reference into other filings unless explicitly stated. The disclosure includes forward‑looking statements subject to the risk factors described in the company’s Form 10‑K.
Modiv Industrial, Inc. (MDV) announced it will report financial results for the quarter ended September 30, 2025 after market closes on Friday, November 14, 2025. The company also declared monthly distributions on its Class C common stock of $0.0975 per share for October, November, and December 2025, reflecting an annual rate of $1.17 consistent with payments since January 31, 2025.
Record dates are October 31, November 28, and December 31, 2025, with payments on or about November 14, December 15, 2025, and January 15, 2026, respectively.
Modiv Industrial, Inc. declared a quarterly cash dividend for the third quarter of 2025 on its 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock totaling $795,117, or $0.4609375 per share. The dividend will be paid on October 15, 2025 to holders of record as of the close of business on September 30, 2025.
The board of directors authorized this dividend on August 5, 2025. The company also notes there is no guarantee future dividends will be authorized or declared, as any future payments will depend on financial condition and other factors the board considers relevant.