GLADSTONE LAND Corp 8-K

What Happened
Gladstone Land Corporation announced on January 6, 2026 that it is redeeming all of its outstanding 5.00% Series D Cumulative Term Preferred Stock (the "Series D Preferred Shares"). The redemption price is $25.100695 per share, which represents the liquidation preference plus accrued and unpaid dividends to but excluding January 30, 2026 of $0.100695 per share. In connection with the redemption, the Series D Preferred Shares will be delisted from the Nasdaq Global Market. The company attached a press release announcing the action as Exhibit 99.1 to the Form 8-K.

Key Details

• Security: 5.00% Series D Cumulative Term Preferred Stock.
• Redemption announced: January 6, 2026.
• Redemption price: $25.100695 per share (includes $0.100695 accrued dividend to but excluding Jan 30, 2026).
• Effect: All outstanding Series D Preferred Shares to be redeemed and delisted from the Nasdaq Global Market.
• Press release: Attached as Exhibit 99.1 to the Form 8‑K.

Why It Matters
Preferred shareholders will receive the stated cash redemption amount, including accrued dividends, and will no longer hold tradable Series D shares once delisting occurs. For investors, this removes a preferred share class from public trading and eliminates the company’s ongoing dividend obligations tied to those shares. Holders of the Series D shares should review the company’s press release and Form 8‑K for timing and payment instructions; common shareholders should note this change as it alters Gladstone Land’s capital structure.