Business Context and Reporting Period
This Form 8-K filing by Easterly Government Properties, Inc. (DEA) was submitted on May 13, 2025. The report discloses a change in the Company's principal accounting officer effective May 13, 2025.
Key Financial Metrics
The filing does not provide financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity metrics. The only financial figure disclosed relates to executive compensation: a grant of restricted common stock valued at approximately $200,000 awarded to the newly appointed officer.
Material Changes
- Appointment of Principal Accounting Officer: Brian M. Colantuoni, previously Senior Vice President and Chief Accounting Officer since March 2025, was appointed as the Company's principal accounting officer.
- Role Transition: Allison E. Marino, Executive Vice President and Chief Financial Officer, previously served as principal accounting officer and will continue as principal financial officer.
Management Commentary and Compensation
Mr. Colantuoni, 39, brings significant experience from BDO USA, P.C. (2022-2024) and PricewaterhouseCoopers LLP (2008-2022), specializing in real estate and REITs. In connection with his appointment, he received a restricted stock grant valued at approximately $200,000, vesting over two years subject to continued service. An indemnification agreement was also executed in the standard form used for executive officers.
Investor Verification Checklist
- Confirm the effective date of Brian M. Colantuoni's appointment as principal accounting officer (May 13, 2025).
- Verify the vesting schedule and value of the restricted stock grant ($200,000 over two years).
- Review the Company's recent 10-Q or 10-K filings for the most current financial performance data, as this 8-K contains no operational metrics.