Jan 8, 6:01 AM ET
Terreno Realty Corporation's subsidiary entered a Fourth Amendment to its senior credit agreement on January 7, 2026, adding a $200.0 million term loan due January 15, 2031. Proceeds were used to reduce borrowings under the $600.0 million revolving credit facility and for general corporate purposes. The amendment also adds an accordion feature allowing the facility to grow by up to $1.0 billion, to a maximum of $2.0 billion, subject to lender approval.
- New $200.0 million term loan matures January 15, 2031
- Revolving credit facility of $600.0 million matures January 2029; two $100.0 million term loans mature in January 2027 and January 2028
- Accordion feature allows aggregate facility size to rise to a maximum of $2.0 billion, subject to lender approval
- Term loan interest margins range from 1.15% to 1.65% over SOFR, depending on leverage
Read the filing on SEC.gov ↗
Nov 5, 4:08 PM ET
Terreno Realty Corporation's board expanded by one seat and appointed Paul J. Donahue, Jr. as a director effective November 4, 2025. He was also named to the Nominating and Corporate Governance, Compensation, and Audit Committees, and the board determined he meets applicable NYSE and Exchange Act requirements. The filing describes this as a routine governance addition with no arrangement or related-party transaction disclosed.
- Board expanded by one seat and Paul J. Donahue, Jr. appointed director effective November 4, 2025
- Donahue will serve on the Nominating and Corporate Governance, Compensation, and Audit Committees
- Donahue is eligible for the compensation program for independent directors; no related-party transactions disclosed
Read the filing on SEC.gov ↗
May 7, 4:52 PM ET
At its May 6, 2025 annual meeting, Terreno Realty stockholders approved a 2025 Equity Incentive Plan that reserves 2,000,000 shares plus unused shares from the 2019 plan, which the new plan replaces. Stockholders also elected all seven director nominees, approved the advisory vote on executive pay, and ratified Ernst & Young LLP as auditor for 2025. The filing shows each proposal passed, and the 2025 plan received 94,759,989 votes for against 3,842,315 votes against.
- 2025 Equity Incentive Plan approved: 94,759,989 for, 3,842,315 against, 13,869 abstain, 1,620,384 broker non-votes
- 2,000,000 new shares plus remaining 2019 plan shares available; the 2025 plan replaces the 2019 plan
- Advisory say-on-pay approved: 94,621,881 for, 3,975,792 against; Ernst & Young ratified with 99,572,820 for and 647,740 against
- 103,019,200 common shares were outstanding and entitled to vote as of the record date
Read the filing on SEC.gov ↗
Jan 24, 9:15 AM ET
Terreno Realty Corporation disclosed that director Dennis Polk told the Board on January 23, 2025 that he will not seek re-election at the 2025 Annual Meeting of Stockholders. Polk will remain on the Board and keep his committee roles through the meeting, and the company said his decision was not the result of any disagreement over its operations, policies or practices. The change is a planned board transition with no stated financial effect.
- Dennis Polk informed the Board on January 23, 2025 that he will not stand for re-election as a director.
- His departure takes effect after the 2025 Annual Meeting of Stockholders; he remains a director and committee member until then.
- The company states the decision was not due to any disagreement with the company on operations, policies or practices.
Read the filing on SEC.gov ↗
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