InvenTrust Properties Corp 8-K, filed Feb 23, 2022
InvenTrust Properties Corp. (IVT)
8-K
2022-02-23
For: 2022-02-23
View Original
Added on
April 10, 2026
About this 8-K
InvenTrust Properties Corp filed this 8-K on February 23, 2022.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 23, 2022
(Exact Name of Registrant as Specified in its Charter)
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||
(Address of Principal Executive Offices)
(855 ) 377-0510
(Registrant’s Telephone Number, Including Area Code)
N/A
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | ||||||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | ||||||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | ||||||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | ||||||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol | Name of each exchange on which registered | ||||||||||||
| Common Stock, $0.001 par value | IVT | New York Stock Exchange | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 23, 2021, the Board of Directors (the “Board”) of InvenTrust Properties Corp. (the “Company”) appointed David Bryson as Senior Vice President, Chief Accounting Officer, effective immediately.
Mr. Bryson, 39, prior to his appointment, served as Vice President and Controller of the Company since May of 2021. Prior to joining the Company, Mr. Bryson worked at Ernst & Young LLP for 15 years, serving most recently as Senior Manager in their Real Estate Assurance Services practice. He graduated from Miami University Farmer School of Business with a Bachelor of Science in Accounting and a Bachelor of Science in Finance with a minor in Entrepreneurship. Mr. Bryson is a licensed certified public accountant in the State of Illinois.
In connection with Mr. Bryson’s appointment as Chief Accounting Officer, Mr. Bryson’s annual base salary was increased to $250,000.00 and he will be eligible to participate in the Company’s annual cash bonus program with a target annual bonus equal to 65% of his annual salary.
Ms. Bryson has no family relationships with any director or executive officer of the Company. There are no transactions involving Mr. Bryson that would be required to be reported under Item 404(a) of Regulation S-K.
Item 9.01 Financial Statements and Exhibits.
(d): The following exhibits are being filed herewith:
| Exhibit No. | Description | |||||||
| 99.1 | ||||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| INVENTRUST PROPERTIES CORP. | |||||||||||||||||||||||
| Date: February 23, 2022 | By: | /s/ Christy L. David | |||||||||||||||||||||
| Name: | Christy L. David | ||||||||||||||||||||||
| Title: | Executive Vice President, Chief Operating Officer, General Counsel & Secretary | ||||||||||||||||||||||
CONTACT: Dan Lombardo Vice President of Investor Relations 630-570-0605 dan.lombardo@inventrustproperties.com InvenTrust Properties Corp. Appoints David Bryson as Chief Accounting Officer DOWNERS GROVE, III – February 23, 2022 – InvenTrust Properties Corp. (“InvenTrust” or the “Company”) (NYSE: IVT) today announced that David Bryson, CPA, has been appointed Chief Accounting Officer, effective immediately. “We are pleased to announce the promotion of David to his new role as Chief Accounting Officer,” said Mike Phillips, CFO of InvenTrust. “David has brought strong leadership to our team and has more than 15 years of real estate experience with substantial SEC reporting expertise. I look forward to continuing to work closely with David as we build on our strong accounting and reporting platform to support the execution of InvenTrust’s financial strategy.” “I am honored to take on this new role at InvenTrust during this critical point in our trajectory,” said Mr. Bryson. “I look forward to working with the leadership team to advance our strategic objectives and capture the substantial opportunities ahead for our business.” About David Bryson, Chief Accounting Officer and Controller Mr. Bryson has served as Vice President, Controller of InvenTrust since May 2021. Prior to joining the Company, Mr. Bryson worked at Ernst & Young LLP for 15 years, serving most recently as Senior Manager in their Real Estate Assurance Services practice. He graduated from Miami University Farmer School of Business with a Bachelor of Science in Accounting and a Bachelor of Science in Finance with a minor in Entrepreneurship. Mr. Bryson is a licensed certified public accountant in the State of Illinois. About InvenTrust Properties Corp. InvenTrust Properties Corp. (“we,” the “Company,” “our,” “us,” "IVT" or "InvenTrust") is a premier Sun Belt, multi-tenant essential retail REIT that owns, leases, redevelops, acquires and manages grocery anchored neighborhood and community centers as well as high- quality power centers that often have a grocery component. We pursue our business strategy by acquiring retail properties in Sun Belt markets, opportunistically disposing of retail properties, maintaining a flexible capital structure, and enhancing environmental, social and governance (ESG) practices and standards. A trusted, local operator bringing real estate expertise to its tenant relationships, IVT has built a strong reputation with market participants across its portfolio. IVT is committed to leadership in ESG practices and has been a Global Real Estate Sustainability Benchmark (“GRESB”) member since 2013. As of December 31, 2021, the Company is an owner and manager of 62 retail properties, representing 9.5 million square feet of retail space. For more information, please visit www.inventrustproperties.com. Availability of Information on InvenTrust Properties Corp.'s Website and Social Media Channels Investors and others should note that InvenTrust routinely announces material information to investors and the marketplace using U.S. Securities and Exchange Commission filings, press releases, public conference calls, webcasts and the InvenTrust investor relations website. The Company uses these channels as well as social media channels (e.g., the InvenTrust Twitter account
(twitter.com/inventrustprop); and the InvenTrust LinkedIn account (linkedin.com/company/inventrustproperties) as a means of disclosing information about the Company's business to our colleagues, investors, and the public. While not all of the information that the Company posts to the InvenTrust investor relations website or on the Company’s social media channels is of a material nature, some information could be deemed to be material. Accordingly, the Company encourages investors, the media and others interested in InvenTrust to review the information that it shares on www.inventrustproperties.com/investor-relations and on the Company’s social media channels.