Form 8-K - Current report
February 21 2025 - 3:05PM
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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 14, 2025
Franklin
Street Properties Corp.
(Exact name of registrant
as specified in its charter)
| Maryland |
|
001-32470 |
|
04-3578653 |
(State
or other jurisdiction
of incorporation) |
|
(Commission
File
Number) |
|
(IRS
Employer
Identification No.) |
401 Edgewater Place, Suite 200, Wakefield,
Massachusetts | |
01880 |
| (Address of principal executive offices) | |
(Zip Code) |
Registrant’s telephone
number, including area code: (781) 557-1300
(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 (see
General Instruction A.2. below):
¨ 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 (s) |
|
Name
of each exchange on which registered |
| Common Stock, $.0001 par value per share |
|
FSP |
|
NYSE American |
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; Appointments of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) Departure of Director.
On February 14, 2025, Mr. Kenneth A. Hoxsie, a member of our Board
of Directors (the “Board”), notified us of his decision not to stand for re-election at our upcoming 2025 annual meeting of
stockholders scheduled for May 15, 2025 (the “2025 Annual Meeting”). Mr. Hoxsie will continue to serve until his term expires
at our 2025 Annual Meeting. The decision by Mr. Hoxsie not to stand for re-election was entirely voluntary and not the result of any disagreement
with Franklin Street Properties Corp.
SIGNATURES
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.
| |
FRANKLIN STREET PROPERTIES CORP. |
| |
|
By: |
/s/ Scott H. Carter |
| |
|
Scott H. Carter |
| |
|
Executive Vice President, General Counsel and
Secretary |
Date: February 21, 2025
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