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
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Date of Report (Date of earliest event reported): November 26, 2024 |
Inland Real Estate Income Trust, Inc.
(Exact name of Registrant as Specified in Its Charter)
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Maryland | 000-55146 | 45-3079597 |
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
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2901 Butterfield Road | |
Oak Brook, Illinois | | 60523 |
(Address of Principal Executive Offices) | | (Zip Code) |
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Registrant’s Telephone Number, Including Area Code: (630) 218-8000 |
(Former Name or Former Address, if Changed Since Last Report)
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:
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Title of each class
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None | | N/A | | N/A |
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. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On November 26, 2024, Inland Real Estate Income Trust, Inc. (the “Company”) and Mark E. Zalatoris, the Company’s President and Chief Executive Officer, entered into an amendment (the “Amendment”) to the Agreement between the Company and Mr. Zalatoris, dated January 19, 2024 (the “Agreement”). Pursuant to the Amendment, (i) the term of the Agreement has been extended to February 2, 2026, unless earlier terminated pursuant to the terms of the Agreement, and (ii) the Company has been granted a right to terminate the Agreement if the Company closes or completes a “Liquidity Event” as defined therein.
The foregoing is only a summary, does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment filed as Exhibit 10.1, and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
SIGNATURES
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.
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| | | INLAND REAL ESTATE INCOME TRUST, INC. |
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Date: | December 2, 2024 | By: | /s/ Catherine L. Lynch |
| | | Catherine L. Lynch, Chief Financial Officer |