FIRST INDUSTRIAL REALTY TRUST INC
For the period ended Apr 30, 2026. Filed Mar 30, 2026.
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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Apr 30, 2026 · Filed Mar 30, 2026
Contents
Proxy Statement Summary
This Proxy Statement and the accompanying Notice of Annual Meeting and proxy card are first being sent to stockholders on or about March 30, 2026 in connection with the solicitation of proxies by the Board of Directors of First Industrial Realty Trust, Inc. (“First Industrial” or the “Company”) for use at the Company’s 2026 Annual Meeting of Stockholders (the “Annual Meeting”). This summary highlights information that is contained elsewhere in this Proxy Statement. It does not include all information necessary to make a voting decision, and you should read this Proxy Statement in its entirety before casting your vote.
| VOTING OVERVIEW | |||
|---|---|---|---|
| Proposals · Board VoteRecommendation · Page | |||
| 1. | Elect six directors to the Board of Directors to serve until the 2027 Annual Meeting of Stockholders, and until their successors are duly elected and qualified | FOR EACH NOMINEE | 8 |
| 2. | Approve, on an advisory (i.e. non-binding) basis, the compensation of the Company’s Named Executive Officers as disclosed in this Proxy Statement | FOR | 19 |
| 3. | Ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026 | FOR | 52 |
At the Annual Meeting, the Company’s stockholders will also consider any other business that may properly come before the Annual Meeting and any continuations, adjournments or postponements thereof regardless of whether you attend the meeting. Should any other business come before the Annual Meeting, the persons named on the enclosed proxy will, as stated therein, have discretionary authority to vote the common shares represented by such proxies as recommended by the Board of Directors of the Company (the “Board of Directors” or the “Board”) or, if no recommendation is given, in accordance with their best judgment.
| FIRST INDUSTRIAL AT A GLANCE | ||
|---|---|---|
| First Industrial Realty Trust, Inc. (NYSE: FR),a leading fully integrated owner, operator, and developer of industrial real estate | ||
| 32.2% | 11.7% | 7.1% |
| 2025 Cash Rental Rate Growth on Leasing | NAREIT FFOShare Growth | 2025 Cash Same Store NOI Growth(1) |
| 12.4% | $1.5 Billion(3) | ~ 16 MSF |
| Dividend Increase From 2025-2026(2) | Closed Debt Financings | Future Growth from Owned Strategic Sites |
| 55% | 29% | 98% |
| 5-Year TSR | 5-Year TSR Differential toIndustrial Peers(4) | TSR Percentile since 2010(5) |
(1)Cash same store NOI growth excludes $4.5 million related to accelerated recognition of tenant improvement reimbursements for the twelve months ended December 31, 2024.
(2)Increased first quarter 2026 dividend to $0.50 per share/unit, a 12.4% increase from 2025’s quarterly rate.
(3)Amount includes refinancings of the Company’s $200 million term loan and $850 million line of credit as well as the issuance of new $450 million public notes.
(4)Based on flat average of select peers including Prologis, Inc. (PLD), Rexford Industrial Realty, Inc. (REXR), EastGroup Properties, Inc. (EGP) and Terreno Realty Corporation (TRNO).
(5)Since January 1, 2010; based on FR’s percentile ranking relative to current RMZ constituents as of December 31, 2025.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.