Form 4: MIRELF VI REIT Investments IV, LLC Reduces Stake in Plymouth Industrial REIT, Inc.

MIRELF VI REIT Investments IV, LLC and affiliated entities report a disposition of Plymouth Industrial REIT, Inc. shares, resulting in them no longer being 10% owners.

Summary

• MIRELF VI REIT Investments IV, LLC, along with several affiliated entities and Ronald M. Dickerman, filed a Form 4 indicating a change in beneficial ownership of Plymouth Industrial REIT, Inc. (PLYM) common stock.
• On August 19, 2024, 563,438 shares of common stock were disposed of at a price of $23.58 per share.
• Following the transaction, the reporting persons indirectly beneficially own 4,474,292 shares.
• The reporting persons, including MIRELF VI REIT Investments IV, LLC, MIRELF VI REIT, MIRELF VI (U.S.), LP, Madison International Holdings VI, LLC, Madison International Realty VI, LLC, Madison International Realty Holdings, LLC, Madison International Realty Partners, LP, Madison Realty Partners GP, and Ronald M. Dickerman, are no longer 10% owners of the issuer.

Sentiment

Score: 5

Explanation: Neutral sentiment as it reflects a change in ownership, which could be interpreted in various ways depending on the context and reasons behind the transaction.

Negatives

• MIRELF VI REIT Investments IV, LLC and affiliated entities reduced their stake in Plymouth Industrial REIT, Inc.

Industry Context

This filing reflects changes in ownership structure within Plymouth Industrial REIT, a player in the industrial REIT sector. Monitoring such changes is crucial for understanding investor sentiment and potential shifts in company strategy.

Stakeholder Impact

• The reduction in ownership by MIRELF VI REIT Investments IV, LLC may have a short-term impact on shareholder confidence.

Key Dates