What changed 10-K

Item 5. Market for Registrant’s Common Equity

2025-02-21 compared with 2024-02-23 · 5 added, 1 removed, 18 unchanged (25% of the section changed)

11 unchanged sentences

Use of Proceeds from Registered Securities

Redemption of Membership Units in OP ("OP Units")

Holders of OP Units have the right to require the OP to redeem all or a portion of their OP Units for cash or, at our option, shares of our class A common stock on a one-for-one basis.

In the fourth quarter of 2024, in satisfaction of a redemption request by a former employee OP Unit holder, we issued 200,000 shares of our class A common stock.

Such shares of class A common stock were issued in reliance on Section 4(a)(2) of the Securities Act of 1933, as amended.

Purchases of Equity Securities by Issuer and Affiliated Purchasers

The Company did not have an authorized stock repurchase program as of December 31, 2023.

Additionally, the Company does not currently have an authorized stock repurchase program.

Stock Performance Graph

4 unchanged sentences

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.