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    Industrial Logistics Properties Trust filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

    5/30/25 4:11:24 PM ET
    $ILPT
    Real Estate Investment Trusts
    Real Estate
    Get the next $ILPT alert in real time by email
    false 0001717307 0001717307 2025-05-28 2025-05-28 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

     

     

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION

    WASHINGTON, D.C. 20549

     

    FORM 8-K

     

    CURRENT REPORT PURSUANT
    TO SECTION 13 OR 15(d) OF THE
    SECURITIES EXCHANGE ACT OF 1934

     

    Date of Report (Date of earliest event reported): May 28, 2025

     

    Industrial Logistics Properties Trust

    (Exact Name of Registrant as Specified in Its Charter)

     

    Maryland

    (State or Other Jurisdiction of Incorporation)

     

    001-38342   82-2809631
    (Commission File Number)   (IRS Employer Identification No.)

     

    Two Newton Place, 255 Washington Street, Suite 300, Newton, Massachusetts   02458-1634
    (Address of Principal Executive Offices)   (Zip Code)

     

    617-219-1460

    (Registrant’s Telephone Number, Including Area Code)

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

     

    ¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    ¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    ¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
    ¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

     

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title Of Each Class   Trading Symbol(s)   Name Of Each Exchange On
    Which Registered
    Common Shares of Beneficial Interest   ILPT   The Nasdaq Stock Market LLC

     

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

     

    Emerging growth company ¨

     

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

     

     

     

     

     

    In this Current Report on Form 8-K, the term “the Company” refers to Industrial Logistics Properties Trust.

     

    Item 5.07.Submission of Matters to a Vote of Security Holders.

     

    At the Company’s annual meeting of shareholders held on May 28, 2025 (the “2025 Annual Meeting”), the Company’s shareholders voted on the election of seven Trustees to the Company’s Board of Trustees each for a one year term of office continuing until the Company’s 2026 annual meeting of shareholders and until her, his or their respective successor is duly elected and qualifies. The following persons were elected as Trustees and received the following votes:

     

    Nominee Votes For Withhold Broker
    Non-Votes
    Bruce M. Gans, M.D. 41,354,057 992,985 14,815,897
    Lisa Harris Jones 32,380,032 9,967,010 14,815,897
    Matthew P. Jordan 40,857,284 1,489,758 14,815,897
    Joseph L. Morea 41,382,975 964,067 14,815,897
    Kevin C. Phelan 36,279,327 6,067,715 14,815,897
    Adam Portnoy 32,304,424 10,042,618 14,815,897
    June S. Youngs 41,367,108 979,934 14,815,897

     

    The Company’s shareholders also voted on a non-binding advisory resolution on the compensation paid to the Company’s named executive officers as disclosed pursuant to Item 402 of Regulation S-K in the Company’s proxy statement relating to the 2025 Annual Meeting. This proposal received the following votes:

     

    For   Against   Abstain   Broker Non-Votes
    34,991,390   1,717,569   5,638,083   14,815,897

     

    The Company’s shareholders also ratified the appointment of Deloitte & Touche LLP as the Company’s independent auditors to serve for the 2025 fiscal year. This proposal received the following votes:

     

    For   Against   Abstain   Broker Non-Votes
    56,651,716   206,362   304,861   N/A

     

    The results reported above are final voting results.

     

     

     

     

    SIGNATURE

     

    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 hereunto duly authorized.

     

      INDUSTRIAL LOGISTICS PROPERTIES TRUST
         
      By: /s/ Tiffany R. Sy
      Name: Tiffany R. Sy
      Title: Chief Financial Officer and Treasurer

     

    Date: May 30, 2025

     

     

     

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