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ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT) filed an 8-K current report with the SEC on September 9, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers), Item 7.01 (Regulation FD Disclosure), Item EX-99.1 (Exhibit EX-99.1). R. Max Jenkins promoted to President and COO, with Peter Mavoides retaining CEO role.
ESSENTIAL PROPERTIES REALTY TRUST, INC. 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- R. Max Jenkins promoted to President and COO, with Peter Mavoides retaining CEO role
- Robert Salisbury expanded to CFO, Chief Strategy Officer and Secretary
- Jenkins and Mavoides employment terms extended through March 31, 2031, with one-year automatic renewals
- $2,000,000 target LTIP grants approved for Jenkins and Salisbury, vesting 50% at three-year and four-year anniversaries
- Chief Investment Officer A. Joseph Peil’s employment terminated effective September 8, 2026, with severance eligibility
Item EX-99.1 · Exhibit EX-99.1
- CEO Pete Mavoides signed a new employment contract lasting approximately four years, supporting leadership continuity
- COO Max Jenkins promoted to President, expanding his role in operations and investment-team development
- CFO Rob Salisbury added Chief Strategy Officer responsibilities, increasing executive oversight of strategy and capital allocation
- CIO AJ Peil departed after approximately a decade; Craig Vachris appointed to lead asset management and credit underwriting
- Vachris brings more than 20 years of commercial real estate and net lease investing experience, including credit leadership at W. P. Carey
Other items in this filing:
- Item 7.01: Regulation FD Disclosure
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