Gladstone Land Corporation filed a Form 8-K on October 26, 2026, reporting the resignation of director Walter H. Wilkinson Jr. from its Board of Directors, effective October 22, 2026, and the appointment of George "Chip" Stelljes, III as Lead Independent Director.

Key Highlights

  • Resignation: Walter H. Wilkinson Jr. notified Gladstone Land Corporation on October 22, 2026, that he was resigning from the Board of Directors, effective immediately.
  • Tenure: According to the filing, Mr. Wilkinson had served as a director since 2014 and as Lead Independent Director since 2024.
  • Successor named: The Board elected George "Chip" Stelljes, III to succeed Mr. Wilkinson as Lead Independent Director, effective October 26, 2026.
  • Board size adjusted: Following the resignation, the Board fixed the number of directors at seven, effective October 26, 2026.
  • Securities listed: Common Stock (NASDAQ:LAND), 6.00% Series B Preferred (NASDAQ:LANDO), and 6.00% Series C Preferred (NASDAQ:LANDP) are registered on The Nasdaq Stock Market, LLC.

Gladstone Land Board Transition: Wilkinson Out, Stelljes Named Lead Independent Director

According to the Form 8-K filed by Gladstone Land Corporation (NASDAQ:LAND) on October 26, 2026, Walter H. Wilkinson Jr. submitted his resignation from the company's Board of Directors on October 22, 2026, with immediate effect. The filing states that Mr. Wilkinson had served as a director since 2014 and held the role of Lead Independent Director since 2024.

The filing discloses that the Board elected George "Chip" Stelljes, III to assume the Lead Independent Director role vacated by Mr. Wilkinson, with that appointment taking effect on October 26, 2026. No additional details regarding the circumstances of the resignation or the selection process for Mr. Stelljes were provided in the filing.

The company also reported that, following Mr. Wilkinson's departure, the Board formally fixed the total number of directors at seven, also effective October 26, 2026. The filing was signed on behalf of the registrant by Lewis Parrish, Chief Financial Officer and Assistant Treasurer, and was submitted under Item 5.02, covering departures of directors or certain officers and related appointments.

What Was Disclosed

Gladstone Land Corporation disclosed the resignation of long-serving director and Lead Independent Director Walter H. Wilkinson Jr., the appointment of George "Chip" Stelljes, III as his successor in that role, and the Board's decision to set its size at seven directors.