|8-KJan 28, 4:44 PM ET

Presidio Property Trust, Inc. 8-K

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Presidio Property Trust Suspends 9.375% Series D Preferred Dividend

What Happened

  • On January 28, 2026 Presidio Property Trust, Inc. (SQFT) filed a Form 8-K reporting that it has suspended the monthly dividend on its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock. The suspension takes effect with the January 2026 dividend payment. The company attached a press release (Exhibit 99.1) announcing the action.

Key Details

  • Filing date: January 28, 2026 (Form 8-K, Item 8.01).
  • Affected security: 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock.
  • Dividend action: Monthly dividend suspended beginning with the January 2026 payment.
  • Company disclosure: Press release included as Exhibit 99.1 to the 8-K.

Why It Matters

  • Holders of the Series D preferred stock will not receive the January 2026 payment and should review the company release for any guidance on future payments.
  • Because the shares are described as “cumulative,” missed dividends typically accrue under the terms of the preferred shares; investors should check the prospectus/charter for how accrued payments are treated.
  • This is a material cash-distribution change for preferred shareholders and may affect the market price and yield of the Series D shares; it does not, by itself, disclose other changes to common dividends or the company’s broader financial results.