INTERGROUP CORP 8-K

What Happened

• InterGroup Corp (INTG) filed an 8-K on January 12, 2026 reporting that director John C. Love resigned from the Board of Directors effective that same date. The filing states the resignation was not due to any disagreement with the company.
• The Board immediately appointed Andrew Kaplan as a director effective January 12, 2026. Mr. Kaplan has more than 30 years of experience in financial public relations and capital markets, has sourced over $500 million in capital for companies, and has served on multiple public company boards.

Key Details

• Date of filing and actions: January 12, 2026 (resignation and appointment effective same day).
• New director background: 30+ years in capital markets; sourced > $500 million; former or current board/consulting roles with several public companies (e.g., Avino, Energy Fuels).
• Governance notes: Board found Mr. Kaplan well-suited for the role; no arrangements or understandings led to his selection; no related‑party transactions requiring disclosure.
• Compensation: Mr. Kaplan will receive the company’s standard compensation for non-employee directors; committee assignments were made.

Why It Matters

• This filing reports a routine board change rather than an operational or financial update. For investors, the key facts are the immediate replacement and the new director’s experience in capital markets and financing, which may be relevant if the company pursues future financings, institutional outreach, or governance initiatives. The company noted no disagreement with the departed director and no related‑party issues with the new director.