Form 8-K - Current report
01 8월 2024 - 9:36PM
Edgar (US Regulatory)
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
August 1, 2024 (July 31, 2024)
Date of Report (Date of earliest event reported)
REGENCY CENTERS CORPORATION
(Exact name of registrant as specified in its charter)
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Florida |
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001-12298 |
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59-3191743 |
(State or other jurisdiction of incorporation) |
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Commission File Number) |
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(IRS Employer Identification No.) |
One Independent Drive, Suite 114
Jacksonville, Florida 32202
(Address of principal executive offices) (Zip Code)
(904) 598-7000
(Registrant's telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Securities registered pursuant to Section 12(b) of the Act:
Regency Centers Corporation
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Title of each class |
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Trading Symbol |
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Name of each exchange on which registered |
Common Stock, $0.01 par value |
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REG |
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The Nasdaq Stock Market LLC |
6.250% Series A Cumulative Redeemable Preferred Stock, par value $0.01 per share |
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REGCP |
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The Nasdaq Stock Market LLC |
5.875% Series B Cumulative Redeemable Preferred Stock, par value $0.01 per share |
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REGCO |
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The Nasdaq Stock Market LLC |
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:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230 .425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications 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 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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.
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Item 5.02 |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Agreements of Certain Officers. |
On July 31, 2024, the Board of Directors (the “Board”) of Regency Centers Corporation (the “Company”) voted to (1) increase the number of directors on the Company’s Board from eleven (11) to twelve (12), and (2) elect Gary E. Anderson to serve as a director of the Company. Mr. Anderson’s term will begin on August 1, 2024 and expire at the Company’s 2025 annual meeting of stockholders and until his successor, if any, has been identified. Mr. Anderson will initially serve on the Board’s Compensation and Investment committees. The Company has determined that Mr. Anderson is independent of the Company and its management within the meaning of the Nasdaq Stock Market listing standards.
Mr. Anderson will participate in the Company’s standard compensation program for non-employee directors, consisting of an annual cash retainer of $75,000, additional cash retainers for membership on the Committees on which he serves, and an annual common stock rights grant valued at $125,000 (based on the Company’s stock price at the date of grant), which vests on the first anniversary of the grant. Mr. Anderson’s compensation will be prorated to reflect his partial year of service from August 1, 2024 until the Company’s 2025 annual meeting of shareholders. A description of non-executive director compensation is set forth in the section entitled “Director Compensation” in the Company’s proxy statement filed March 20, 2024.
There is no arrangement or understanding pursuant to which Mr. Anderson was elected as a director of the Company, and there are no related party transactions involving Mr. Anderson that would require disclosure under Item 404(a) of Regulation S-K.
On July 31, 2024, the Company issued a press release, attached as Exhibit 99.1 to this Form 8-K, announcing the appointment of Mr. Anderson to the Company’s Board..
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Item 9.01 |
Financial Statements and Exhibits |
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(d) Exhibits |
The following exhibits are furnished herewith: |
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.
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REGENCY CENTERS CORPORATION |
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July 31, 2024 |
By: |
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/s/ Michael R. Herman |
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Michael R. Herman, Senior Vice President General Counsel and Corporate Secretary |
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News Release |
For immediate release |
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Christy McElroy |
904 598 7616 |
ChristyMcElroy@regencycenters.com |
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Eric Davidson |
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904 598 7829 |
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EricDavidson@regencycenters.com |
Regency Centers Announces Appointment of Gary E. Anderson to Board of Directors
July 31, 2024
JACKSONVILLE, Fla. (July 31, 2024 GLOBE NEWSWIRE) – Regency Centers Corporation (“Regency”) announced today that its Board of Directors (the “Board”) has appointed Gary E. Anderson as its newest member, effective as of August 1, 2024. Mr. Anderson recently retired from Prologis, Inc. (“Prologis”), a real estate investment trust that is a global leader in real estate logistics facility development and operation. With the addition of Mr. Anderson as an independent director, Regency will expand the size of its Board to twelve directors.
“Gary brings a wealth of knowledge, expertise and experience in the development, ownership and operation of commercial real estate and capital markets globally that will further strengthen and diversify the perspectives and collective wisdom of our Board. We’re excited to welcome him,” said Hap Stein, Executive Chairman of Regency’s Board.
Mr. Anderson served as Chief Operating Officer of Prologis from March 2019 to December 31, 2023 and retired from Prologis as a senior advisor to the company in June 2024. Prior to his role as Chief Operating Officer, Mr. Anderson was the Chief Executive Officer, Europe and Asia, from June 2011 until March 2019. Additionally, Mr. Anderson held various positions from August 1994 to June 2011, including head of the global fund business from March 2009 to June 2011 and President of European operations from November 2006 to March 2009. Mr. Anderson holds a Master of Business Administration in finance and real estate from the Anderson Graduate School of Management at the University of California at Los Angeles and a Bachelor of Arts in marketing from Washington State University.
About Regency Centers Corporation (Nasdaq: REG)
Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers. Operating as a fully integrated real estate company, Regency Centers is a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member. For more information, please visit RegencyCenters.com.
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Jul. 31, 2024 |
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REGENCY CENTERS CORPORATION
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0000910606
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Entity File Number |
001-12298
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Entity Incorporation State Country Code |
FL
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Entity Tax Identification Number |
59-3191743
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One Independent Drive
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Suite 114
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Entity Address, City or Town |
Jacksonville
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FL
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REG
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NASDAQ
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6.250% Series A Cumulative Redeemable Preferred Stock, par value $0.01 per share [Member] |
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Document Information [Line Items] |
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6.250% Series A Cumulative Redeemable Preferred Stock, par value $0.01 per share
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NASDAQ
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5.875% Series B Cumulative Redeemable Preferred Stock, par value $0.01 per share [Member] |
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Regency Centers (NASDAQ:REGCP)
과거 데이터 주식 차트
부터 9월(9) 2024 으로 10월(10) 2024
Regency Centers (NASDAQ:REGCP)
과거 데이터 주식 차트
부터 10월(10) 2023 으로 10월(10) 2024