Every material Form 8-K Terreno Realty has filed with the SEC since August 26, 2021, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
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
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
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
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.
Terreno Realty LLC, a wholly-owned subsidiary of Terreno Realty Corporation, signed a Third Amendment on September 24, 2024 to its senior credit agreement. The amendment increases the revolving credit facility by $200.0 million to $600.0 million and extends its maturity from August 2025 to January 2029, giving the company more borrowing capacity with a later repayment date.
Revolving credit facility increased by $200.0 million to $600.0 million, maturing January 2029
Two term loans of $100.0 million each, maturing January 2027 and January 2028
Accordion feature allows the facility to grow by up to $450.0 million, to a maximum of $1.25 billion, subject to lender approval
KeyBank National Association served as administrative agent; PNC Bank, Regions Bank, U.S. Bank and others acted as lenders
Terreno Realty expanded its board by one seat and appointed Constance von Muehlen as a director, effective June 1, 2024. She will also serve on the Nominating and Corporate Governance, Compensation and Audit Committees, and the board has determined she meets applicable NYSE and Exchange Act requirements.
Board appointed Constance von Muehlen on May 31, 2024, effective June 1, 2024, after expanding the board by one seat
She joins the Nominating and Corporate Governance, Compensation and Audit Committees
She receives the standard independent director compensation and will sign the same indemnification agreement as existing independent directors
The filing states she has no arrangement with any person for her appointment and no related-party transactions requiring disclosure
Terreno Realty's Chief Accounting Officer, Melinda Weston, has notified the company she will resign effective June 30, 2024, citing personal reasons and not any disagreement with management or the board. CFO Jaime J. Cannon, who previously held the principal accounting officer role, will take it over upon her departure.
Melinda Weston, Chief Accounting Officer, notified the company on April 23, 2024 of her resignation, effective June 30, 2024
Weston cited personal reasons and said the decision was not due to any disagreement with management or the board
Jaime J. Cannon, EVP, CFO and Secretary, will assume the role of principal accounting officer
Terreno Realty Corporation's Board of Directors named John T. Meyer, a 64-year-old executive who has been with the company since 2010, as Chief Operating Officer effective immediately, according to an 8-K filed January 12, 2024. Meyer previously served as Executive Vice President overseeing acquisitions and operations, so the promotion moves an internal leader into a senior role rather than bringing in an outside executive. The filing reports no financial results or guidance changes.
John T. Meyer appointed Chief Operating Officer by the Board on January 8, 2024, effective immediately
Meyer joined Terreno in 2010 and was Executive Vice President overseeing acquisitions and operations from August 2015 until the promotion
Filing states no arrangements with other persons for the appointment and no related party transactions under Item 404(a)
Terreno Realty Corporation's board expanded by one seat and appointed Irene H. Oh as a director, effective January 1, 2023. She will also serve on the Nominating and Corporate Governance, Compensation, and Audit committees, and the board determined she meets applicable independence and qualification requirements. The change adds a board member rather than altering the company's financial results or operations.
Board appointed Irene H. Oh as a director on December 12, 2022, effective January 1, 2023
Board expanded by one seat to accommodate the appointment
Oh will serve on the Nominating and Corporate Governance, Compensation, and Audit committees
Oh will receive standard independent director compensation and enter an indemnification agreement
On September 2, 2022, Terreno Realty LLC, a subsidiary of Terreno Realty Corporation, signed a second amendment to its senior credit agreement to add a $100.00 million term loan maturing January 15, 2028. The filing also describes an accordion feature that could raise the facility by up to $500.0 million, to a maximum of $1.1 billion, subject to lender approval.
New $100.00 million term loan matures January 15, 2028; KeyBank National Association is administrative agent
Borrowings limited to the lesser of the $400.0 million revolver plus two $100.0 million term loans, or 60.0% of unencumbered property value
Interest priced at SOFR plus 1.0% to 1.45% for the revolver and 1.15% to 1.65% for term loans, based on leverage
Terreno Realty Corporation expanded its board by one seat and appointed Gary N. Boston as an independent director, effective October 1, 2022. He will serve on the Nominating and Corporate Governance, Compensation and Audit committees, and the board determined he meets applicable NYSE and Exchange Act requirements for those roles.
Board appointed Gary N. Boston as a director on August 25, 2022, effective October 1, 2022
Board seat expanded by one; Boston joins Nominating and Corporate Governance, Compensation and Audit committees
Boston will receive the standard independent director compensation and enter the same indemnification agreement used for other independent directors
Filing states Boston has no arrangement with any person for his appointment and no related-party transactions under Item 404(a)
On June 29, 2022, subsidiary Terreno Realty LLC signed a First Amendment to its Sixth Amended and Restated Senior Credit Agreement. The amendment raises the revolving credit facility by $150.0 million to $400.0 million, reduces the accordion feature by $150.0 million, and moves interest pricing to SOFR. The filing describes this as a change to the company's existing borrowing terms rather than a new capital raise.
Revolving credit facility increased by $150.0 million to $400.0 million; accordion feature decreased by $150.0 million.
Borrowings limited to the lesser of $400.0 million revolver plus a $100.0 million term loan maturing in January 2027, or 60.0% of unencumbered property value.
SOFR margin ranges from 1.0% to 1.45% for the revolver and 1.15% to 1.65% for the term loan, plus a 10 basis point credit adjustment.
KeyBank National Association is administrative agent; PNC, MUFG Union Bank, Regions, U.S. Bank, Citizens, Huntington and Goldman Sachs Bank USA are lenders on the amendment.
Terreno Realty Corp appointed Melinda Weston as Chief Accounting Officer effective immediately, with the board action dated May 3, 2022. Weston had been Senior Vice President and Controller since January 2021, and the filing states that CFO Jaime J. Cannon will no longer serve as principal accounting officer while remaining principal financial officer. The change is administrative in nature and does not involve any financial results or guidance.
Board appointed Melinda Weston as Chief Accounting Officer on May 3, 2022, effective immediately.
Weston, age 41, joined the company in 2013 and was Senior Vice President, Controller from January 2021 until her promotion.
Jaime J. Cannon, Executive Vice President and Chief Financial Officer, will stop serving as principal accounting officer but remains principal financial officer.
The company expects to enter into an indemnification agreement with Weston on terms consistent with those for other officers.
Terreno Realty said Executive Vice President Andrew Burke notified the company on April 7, 2022 that he accepted a new employment opportunity. His last day as an officer and employee will be April 15, 2022. The filing does not name a successor or describe his responsibilities, so the effect on operations is not stated.
Andrew Burke, Executive Vice President, notified Terreno on April 7, 2022 that he accepted a new job
Burke's last day as an officer and employee is April 15, 2022
Terreno Realty LLC, a wholly-owned subsidiary of Terreno Realty Corporation, entered into a Sixth Amended and Restated Senior Credit Agreement with KeyBank and other lenders on August 20, 2021. The amendment removes a $50.0 million term loan tranche, extends the remaining $100.0 million term loan from 2022 to 2027, and raises the accordion feature by $50.0 million to $650.0 million.
Remaining $100.0 million term loan now matures in January 2027, up from 2022
Revolving credit facility is $250.0 million; borrowings limited to the lesser of that plus the term loan or 60.0% of unencumbered property value
Interest margins range from 1.0% to 1.45% for the revolver and 1.15% to 1.65% for the term loan, based on leverage
KeyBank is administrative agent; the facility is guaranteed by the company and is unsecured
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