SCHEDULE: Glazer Capital Reduces Plymouth REIT Stake Below 5%
Beneficial Ownership Report (Schedule 13G)
Glazer Capital and Paul J. Glazer have reported reducing their beneficial ownership in Plymouth Industrial REIT, Inc. to 4.83%.
Summary
- Glazer Capital, LLC and Paul J. Glazer, collectively referred to as the Reporting Persons, have filed a Schedule 13G.
- The filing indicates that as of January 6, 2026, the Reporting Persons beneficially own 2,151,500 shares of Plymouth Industrial REIT, Inc. Common Stock.
- This aggregate amount represents 4.83% of the class of securities.
- The Reporting Persons previously held more than 5% of the outstanding shares but have now ceased to be beneficial owners of more than five percent.
- Glazer Capital, LLC serves as the investment manager for certain funds and managed accounts (Glazer Funds), and Mr. Paul J. Glazer is the Managing Member of Glazer Capital.
Sentiment
Score: 4
Explanation: The sentiment is slightly negative as a significant institutional investor has reduced its stake below the 5% threshold, which could signal a change in investment thesis or a move to liquidate a position.
Negatives
- Glazer Capital and Paul J. Glazer have reduced their beneficial ownership in Plymouth Industrial REIT, Inc. to below the 5% threshold, which could be interpreted as a decrease in conviction or a portfolio rebalancing by a significant institutional investor.
Future Outlook
The filing does not contain any forward-looking statements or guidance regarding Plymouth Industrial REIT, Inc.'s future performance or operations.
Industry Context
This filing reflects a change in a specific institutional investor's stake in an industrial REIT. It does not provide broader insights into industry trends or competitive landscape, but rather a portfolio adjustment by Glazer Capital.
Stakeholder Impact
- Shareholders: The reduction in a significant institutional stake could lead to increased selling pressure or a perceived decrease in institutional confidence in Plymouth Industrial REIT, Inc.
Key Dates
| Date | Description |
|---|---|
| 01/06/2026 | Date of event which required the filing of this statement (Reporting Persons ceased to be beneficial owner of more than five percent of the class of securities). |
| 01/13/2026 | Date of signing the Schedule 13G filing by Glazer Capital, LLC and Paul J. Glazer. |
Keywords
Plymouth Industrial REIT, Glazer Capital, Paul J. Glazer, Schedule 13G, Beneficial Ownership, Common Stock, Industrial REIT, Investment Management
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