Every material Form 8-K Terreno Realty filed with the SEC in 2024, 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 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)
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Terreno Realty filing is on SEC EDGAR ↗. 8-K briefs of other companies →