Item 2.02Item 2.02 - Results of Operations
Item 2.02.
Results of Operations and Financial Condition.
On April 28, 2026, Acadia Realty Trust (the “Company”) filed a Current Report on Form 8-K (the “Initial 8-K”) furnishing supplemental reporting information regarding the financial results, operations and portfolio of the Company as of and for the quarter ended March 31, 2026 (the “Supplemental Report”). Subsequent to that filing, the Company identified certain errors on page 22 of the Supplemental Report in the following rows:
• “Pre-stabilized assets”: REIT pre-stabilized assets should have been stated as “337,937” instead of “1,032,481” and FUND IV pre-stabilized assets should have been stated as “17,481” instead of “12,875”
• “Development and redevelopment projects”: REIT development and redevelopment projects should have been stated as “528,500” instead of “524,400”
• “Total Costs to Date”: REIT total costs to date should have been stated as “866,437” instead of “1,556,881” and FUND IV total costs to date should have been stated as “45,281” instead of “40,675”
The changes did not affect any other tables or text, or the press release furnished as Exhibit 99.1 to the Initial 8-K. A copy of the revised Supplemental Report is attached to this Current Report on Form 8-K as Exhibit 99.1 and incorporated herein by reference. The information included in this Item 2.02, including the information included in Exhibit 99.1, is intended to be “furnished” pursuant to Item 2.02, and is not deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference into any filing under the Securities Act of 1933, as amended (“Securities Act”) or the Exchange Act, or otherwise subject to the liabilities of Sections 11 and 12 (a)(2) of the Securities Act.
Item 5.07Item 5.07 - Submission of Matters to Vote
Item 5.07. Submission of Matters to a Vote of Security Holders.
The annual meeting of shareholders of the Company (the “2026 Annual Meeting”) was held on May 13, 2026. Shareholders representing 125,266,689 common shares of beneficial interest (“Common Shares”), or 95.57%, of the Common Shares outstanding as of the March 16, 2026 record date, either participated in or were represented at the 2026 Annual Meeting by proxy.
The proposals listed below were submitted to a vote of the shareholders of the Company at the 2026 Annual Meeting. Each proposal is described in the Company’s definitive proxy statement for the 2026 Annual Meeting, filed with the Securities and Exchange Commission on March 31, 2026.
The following tables set forth the final voting results of the proposals.
Votes Cast For Votes Against Abstentions Broker Non-Votes
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Proposal No. 1 - Election of Trustees:
Proposal 1a - Election of Trustee: Kenneth F. Bernstein 123,772,737 449,209 55,418 989,325
Proposal 1b - Election of Trustee: Mark A. Denien 124,209,218 12,711 55,435 989,325
Proposal 1c - Election of Trustee: Kenneth A. McIntyre 122,972,735 1,120,754 183,875 989,325
Proposal 1d - Election of Trustee: William T. Spitz 121,008,927 3,212,999 55,438 989,325
Proposal 1e - Election of Trustee: Lynn C. Thurber 123,256,400 965,642 55,322 989,325
Proposal 1f - Election of Trustee: Lee S. Wielansky 122,023,011 2,198,918 55,435 989,325
Proposal 1g - Election of Trustee: Hope B. Woodhouse 122,288,806 1,804,800 183,758 989,325
Proposal 1h - Election of Trustee: C. David Zoba 117,384,830 6,837,100 55,434 989,325
Votes Cast For Votes Against Abstentions Broker Non-Votes
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Proposal No. 2 - Ratification of the Appointment of Deloitte & Touche, LLP as the Independent Registered Public Accounting Firm for the Fiscal Year Ending December 31, 2026 125,023,596 220,031 23,062
Votes Cast For Votes Against Abstentions Broker Non-Votes
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Proposal No. 3: Advisory (Non-Binding) Approval of Named Executive Officer Compensation 117,956,235 6,293,624 27,505 989,325