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$PINE·8-K

Alpine Income Property Trust, Inc. · May 22, 4:15 PM ET

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Alpine Income Property Trust, Inc. 8-K

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Alpine Income Property Trust (PINE) Reports 2026 Annual Meeting Results

What Happened
Alpine Income Property Trust, Inc. (PINE) held its 2026 Annual Meeting of Stockholders on May 21, 2026 and filed an 8-K on May 22, 2026 reporting the results. Stockholders elected five directors—John P. Albright, Rachel Elias Wein, M. Carson Good, Andrew C. Richardson, and Brenna A. Wadleigh—to serve until the 2027 Annual Meeting. Shareholders also approved, on a non-binding advisory basis, the company’s 2025 named executive officer compensation (Say-on-Pay) and ratified Grant Thornton LLP as the Company’s independent registered public accounting firm for fiscal year 2026.

Key Details

  • Director elections: All five nominees were elected. Each received strong support on votes cast, ranging from about 95.1% (M. Carson Good) to about 98.8% (John P. Albright) of votes cast in favor. Broker non-votes in the director votes: 3,628,999.
    • John P. Albright: For 8,790,359; Against 95,280; Abstain 15,318.
    • Rachel Elias Wein: For 8,524,332; Against 360,396; Abstain 16,229.
    • M. Carson Good: For 8,467,721; Against 418,425; Abstain 14,811.
    • Andrew C. Richardson: For 8,780,138; Against 104,850; Abstain 15,969.
    • Brenna A. Wadleigh: For 8,783,109; Against 101,619; Abstain 16,229.
  • Say-on-Pay (advisory): For 7,632,471; Against 1,054,754; Abstain 213,733; Broker non-votes 3,628,999. Votes cast total 8,900,958 — approximately 85.8% FOR, 11.9% AGAINST.
  • Auditor ratification: Grant Thornton LLP ratified as independent auditor for FY2026 with For 12,156,069; Against 351,403; Abstain 22,484 — about 97.0% FOR on votes cast.

Why It Matters

  • Board continuity: Re-election of all five directors maintains the current board lineup through the 2027 Annual Meeting, which affects governance and oversight continuity.
  • Executive pay signal: The non-binding Say-on-Pay passed with roughly 86% support among votes cast, indicating broad shareholder backing for the company’s 2025 executive compensation, though a meaningful minority opposed it.
  • Audit oversight: Ratification of Grant Thornton LLP provides continuity in the company’s external audit oversight for fiscal year 2026, an important element of financial reporting reliability.

File reference: Form 8-K filed May 22, 2026 (Accession No. 0001104659-26-065725).

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