Other Information
−Removed: Without limiting the generality of the foregoing, during the three months ended September 30, 2025, no officer or director of the Company adopted or terminated any “Rule 10b5-1 trading agreement” or any “non-Rule 10b5-1 trading arrangement,” as each item is defined in Item 408 of Regulation S-K.
+Added: During the three months ended March 31, 2026, none of our directors or officers adopted or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as those terms are defined Regulation S-K, Item 408, except as described below:
+Added: On March 20, 2026 , Ryan Carter was named Executive Vice President of the Company.
+Added: Prior to such appointment, on August 22, 2025, he entered into a Rule 10b5-1 Plan (the “Carter Plan”) intended to satisfy the affirmative defense of Rule 10b5-1(c).
+Added: The Carter Plan provides for the purchase, beginning on September 30, 2025, of up to 1,200 shares of the Company’s common stock.
+Added: The Carter Plan expires on September 30, 2026 , or upon the earlier completion of all the purchases authorized thereunder.
Exhibit Index
35 unchanged sentences
333-268549), filed November 23, 2022.
−Removed: 10.1 Term Loan Agreement, dated as of May 30, 2025, by and among Gladstone Commercial Limited Partnership, as borrower, Gladstone Commercial Corporation, as guarantor, KeyBank National Association, as lender and agent, and the other lenders which are parties to the agreement, incorporated by reference to Exhibit 10.1 to the Registrant’s Current Report on Form 8-K (File No.
−Removed: 001-33097), filed June 2, 2025.
−Removed: 10.2* Increase Letter Agreement, dated as of September 18, 2025, by and among Gladstone Commercial Limited Partnership, as borrower, Gladstone Commercial Corporation and certain of its wholly owned subsidiaries, as guarantors, and KeyBank National Association, as increasing lender and agent.
−Removed: 10.3 Fifth Amended and Restated Credit Agreement and Other Loan Documents, dated as of October 10, 2025 by and among Gladstone Commercial Limited Partnership, as borrower, Gladstone Commercial Corporation and certain of its wholly owned subsidiaries, as guarantors, each of the financial institutions initially a signatory thereto together with their successors and assignees, as lenders, and KeyBank National Association, as lender and agent, incorporated by reference to Exhibit 10.1 to the Registrant's Current Report on Form 8-K (File No.
−Removed: 001-33097), filed October 14, 2025.
+Added: 4.6 Form of 6.47% Senior Guaranteed Notes due December 18, 2029, included as Schedule 1 to the Note Purchase Agreement, incorporated by reference to Exhibit 10.1 to the Registrant’s Current Report on Form 8-K (File No.
+Added: 001-33097), filed December 19, 2024.
+Added: 4.7 Form of 5.99% Senior Guaranteed Notes due December 15, 2030, included as Schedule 1 to the Note Purchase Agreement, incorporated by reference to Exhibit 10.1 to the Registrant’s Current Report on Form 8-K (File No.
+Added: 001-33097), filed December 15, 2025.
31.1* Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
2 unchanged sentences
32.2** Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
−Removed: 99.1* Estimated Value Methodology for Series F Cumulative Redeemable Preferred Stock as of September 30, 2025.
101.INS*** iXBRL Instance Document
7 unchanged sentences
** Furnished herewith
−Removed: *** Attached as Exhibit 101 to this Quarterly Report on Form 10-Q are the following materials, formatted in iXBRL (eXtensible Business Reporting Language):
−Removed: (i) the Condensed Consolidated Balance Sheets as of September 30, 2025 and December 31, 2024, (ii) the Condensed Consolidated Statements of Operations and Comprehensive Income for the three and nine months ended September 30, 2025 and 2024, (iii) the Condensed Consolidated Statements of Cash Flows for the nine months ended September 30, 2025 and 2024 and (iv) the Notes to Condensed Consolidated Financial Statements.
+Added: *** Attached as Exhibit 101 to this Quarterly Report on Form 10-Q are the following materials, formatted in iXBRL (Inline eXtensible Business Reporting Language):
+Added: (i) the Condensed Consolidated Balance Sheets as of March 31, 2026 and December 31, 2025, (ii) the Condensed Consolidated Statements of Operations and Comprehensive Income for the three months ended March 31, 2026 and 2025, (iii) the Condensed Consolidated Statements of Cash Flows for the three months ended March 31, 2026 and 2025 and (iv) the Notes to Condensed Consolidated Financial Statements.
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 thereunto duly authorized.
Gladstone Commercial Corporation
−Removed: November 3, 2025 By:
+Added: May 5, 2026 By:
/s/ Gary Gerson
−Removed: Chief Financial Officer
−Removed: November 3, 2025 By:
−Removed: /s/ David Gladstone
−Removed: David Gladstone
+Added: Executive Vice President and Chief Financial Officer
+Added: May 5, 2026 By:
+Added: /s/ Arthur Cooper
+Added: Arthur Cooper
Chief Executive Officer and
−Removed: Chairman of the Board of Directors
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.