Alpine Income Property Trust, Inc. — Form 8-K Summary
Business Context and Reporting Period
Alpine Income Property Trust, Inc. filed a Current Report on Form 8-K dated September 8, 2020, with the report signed September 9, 2020. The filing concerns a management appointment and does not report quarterly or annual financial results.
Key Financial Metrics
The filing does not provide revenue, profit, cash flow, margins, debt, liquidity, guidance, or other operating metrics.
Material Changes
Effective October 1, 2020, Matthew M. Partridge was appointed Senior Vice President, Chief Financial Officer and Treasurer. He will serve as the Company’s principal financial officer.
Mr. Partridge previously served as Chief Operating Officer and Chief Financial Officer of Hutton from August 2017 through September 2020. His prior experience includes serving as Executive Vice President, Chief Financial Officer and Secretary of Agree Realty Corporation and Vice President of Finance for Pebblebrook Hotel Trust.
Management Commentary, Risks, and Unusual Items
The filing states that Mr. Partridge will serve at the pleasure of the Board and that he has no employment agreement with the Company. It reports no arrangements or understandings relating to his selection, no family relationships with Company officers or directors, and no related-party transactions requiring disclosure under Item 404(a) of Regulation S-K.
The filing contains no management outlook, financial guidance, contingencies, or specific risk disclosures.
Investor Verification Items
- Verify the effective date of October 1, 2020, for Mr. Partridge’s appointment.
- Review subsequent filings for the Company’s reported financial officer and any changes in executive compensation or employment arrangements.
- Consult the Company’s periodic financial filings for revenue, profitability, cash flow, leverage, liquidity, and operating outlook, none of which are included here.
- Review Exhibit 99.1, the September 8, 2020 press release announcing the appointment.