8-K
00010662470000910606false00009106062023-05-252023-05-250000910606srt:PartnershipInterestMember2023-05-252023-05-25

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

May 25, 2023

Date of Report (Date of earliest event reported)

 

REGENCY CENTERS CORPORATION

REGENCY CENTERS, L.P.

(Exact name of registrant as specified in its charter)

 

 

 

https://cdn.kscope.io/e2f22ce0ed449b6129b1f143892331cc-img38251936_0.jpg 

 

 

Florida (Regency Centers Corporation)

Delaware (Regency Centers, L. P.)

 

001-12298 (Regency Centers Corporation)

0-24763 (Regency Centers, L.P.)

 

59-3191743 (Regency Centers Corporation)

59-3429602 (Regency Centers, L.P.)

(State or other jurisdiction of incorporation)

 

Commission File Number)

 

(IRS Employer Identification No.)

 

One Independent Drive, Suite 114

Jacksonville, Florida 32202

(Address of principal executive offices) (Zip Code)

 

(904) 598-7000

(Registrant's telephone number, including area code)

 

Not Applicable

(Former name or former address, if changed since last report)

 

Securities registered pursuant to Section 12(b) of the Act:

Regency Centers Corporation

 

Title of each class

Trading Symbol

Name of each exchange on which registered

Common Stock, $.01 par value

REG

The Nasdaq Stock Market LLC

 

Regency Centers, L.P.

 

Title of each class

Trading Symbol

Name of each exchange on which registered

None

N/A

N/A

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:

 

 

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))

 

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 8.01

Other Events

Corporate Responsibility Report

On May 25, 2023, Regency issued a press release announcing the publication of its 2022 Corporate Responsibility Report (the “Report”) and a copy of this press release is filed as Exhibit 99.1 to this report. The Report is accessible through the Corporate Responsibility section of Regency's website at www.regencycenters.com/corporate-responsibility.

The information furnished under this item 8.01, including Exhibit 99.1 incorporated by reference herein, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section and shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act.

 

Item 9.01

Financial Statements and Exhibits

 

 

(d) Exhibits

 

 

Exhibit 99.1

Press release dated May 25, 2023.

 

 

104

Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL documents)

 

 

 

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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.

 

 

REGENCY CENTERS CORPORATION

 

 

 

 

May 25, 2023

By:

 

/s/ Michael R. Herman

 

 

 

Michael R. Herman, Senior Vice President

General Counsel and Corporate Secretary

 

 

 

 

 

 

 

 

 

 

 

 

 

REGENCY CENTERS, L.P.

 

 

 

 

 

By: Regency Centers Corporation, its general partner

 

 

 

 

May 25, 2023

By:

 

/s/ Michael R. Herman

 

 

 

Michael R. Herman, Senior Vice President

General Counsel and Corporate Secretary

 

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EX-99.1

Exhibit 99.1

 

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News Release

For immediate release

 

Christy McElroy

904 598 7616

ChristyMcElroy@regencycenters.com

 

Regency Centers Releases Annual Corporate Responsibility Report for 2022

 

JACKSONVILLE, Fla. (May 25, 2023) – Regency Centers Corporation (“Regency” or the “Company”) (Nasdaq:REG) today released its 2022 Corporate Responsibility Report highlighting the Company’s environmental, social, and governance progress and achievements. The report can be found on the Corporate Responsibility page of Regency’s website.

 

“As Regency commemorates its 60th anniversary this year, I’m extremely proud of our Company’s long track record of embedding best-in-class ESG practices and initiatives into our business for the benefit of our shareholders and other stakeholders,” said Lisa Palmer, President and Chief Executive Officer. “The principles of our corporate responsibility program are embodied throughout our organization, much like our commitment to operational quality and long-term growth."

 

Regency’s 2022 Corporate Responsibility Report details the Company’s continued commitment to corporate responsibility and transparent ESG-related disclosure. The report also highlights recent awards and recognition, as well as notable progress made within Regency’s four pillars of corporate responsibility:

 

Our People

Continued progress on its multi-year diversity, equity, and inclusion (DEI) strategy
Commitment to the Management Leadership for Tomorrow (MLT) Black Equity Certification Program as the first REIT to receive plan approval
Expanded ‘Days of Understanding’ by launching open dialogue “Coffee30” sessions
Included in the Bloomberg Gender-Equality Index

 

Our Communities

Together with its employees, contributed approximately $1.5 million to charitable causes
Employees volunteered 1,800+ hours to local communities
OuRCommunities, an employee-led giving program, received a record number of proposals
Recognized among the “Best Places to Work” by the Jacksonville Business Journal

 

 

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Ethics and Governance

Continued to refresh the Board of Directors through thoughtful succession planning
Increased Board gender and ethnically diverse representation in 2023 to 45%
Achieved the highest score of “1” in ISS’ Environmental and Governance QualityScore categories
Recognized for the fourth year on Newsweek’s Most Responsible Companies List, ranked top 100

 

Environmental Stewardship

Received endorsement by the Science Based Targets initiative (SBTi) for its short-term (2030) greenhouse gas (GHG) emissions reduction target
Set a long-term (2050) target to achieve net zero emissions
Exceeded its annual goals for GHG emissions reduction, on-site renewable energy, water, waste management, and electric vehicle charging stations
Awarded a GRESB Green Star for the eighth consecutive year

 


 

About Regency Centers Corporation (Nasdaq: REG)

 

Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers. Operating as a fully integrated real estate company, Regency Centers is a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member. For more information, please visit RegencyCenters.com.

 

Certain statements in this report may be “forward-looking statements.” These statements are based on the current expectations of Regency Centers and are subject to uncertainty and changes in circumstances. These statements are not guarantees of future results, goal achievement or occurrences. Actual results, achievement of goals and financial condition may differ materially from those anticipated or expected from or represented by these statements due to a variety of factors, including, among others, socio-demographic and economic trends, energy prices, technological innovations, climate-related conditions and weather events, legislative and regulatory changes and other unforeseen events or conditions, the potential impacts of climate change on our business and our ability to mitigate them, and the precautionary statements included in Regency Centers’ filings with the Securities and Exchange Commission (SEC). Any forward-looking statements made by or on behalf of Regency Centers speak only as to the date they are made, and Regency Centers does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statements were made. In addition, while this report describes potential future events that may be significant, the significance of those potential events should not be read as equating to materiality as the concept is used in Regency Centers’ filings with the SEC.

 

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