ACADIA REALTY TRUST (AKR): director Tamara Fischer elected to the board

Events in this filing

Item 5.02 as filed

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Appointment of Trustee
On October 19, 2026, the board of trustees (the “Board”) of Acadia Realty Trust (the “Company”) appointed Tamara Fischer as a trustee of the Company, effective as of the same day, to serve until the Company’s 2027 annual meeting of shareholders and until her successor is duly elected and qualifies. The Board also appointed Ms. Fischer to its Nominating and Corporate Governance Committee, effective as of the same day.
Ms. Fischer is a seasoned financial and real estate executive with three decades of experience in the real estate investment trust ("REIT") industry. She most recently served as Executive Chairperson of National Storage Affiliates Trust (“NSA”) from April 2023 until NSA’s acquisition by Public Storage in July 2026, and previously served as NSA’s Chief Executive Officer (January 2020 – March 2023), President (July 2018 – June 2022), and Chief Financial Officer (2013 – December 2019). Prior to NSA, Ms. Fischer served as Executive Vice President and Chief Financial Officer of Vintage Wine Trust, Inc., a triple net lease REIT focused on real estate assets related to the U.S. domestic wine industry, from 2004 to 2008, and as Executive Vice President and Chief Financial Officer of Chateau Communities, Inc., one of the largest REITs in the manufactured home community sector, from 1993 to 2003.
Ms. Fischer currently serves as an independent director on the boards of Mid-America Apartment Communities, Inc. (NYSE: MAA), where she has served since 2023 and is a member of the Audit Committee and Real Estate Investment Committee, and JLL Income Property Trust, Inc., where she has served since 2023 and is chair of the Audit Committee. She previously served as a director of NSA, from 2020 until its acquisition by Public Storage in July 2026, and of Duke Realty Corporation (NYSE: DRE) from 2020 to 2022. Ms. Fischer also served on the Nareit Advisory Board of Governors from January 2025 until July 2026, the Nareit Executive Board from 2021 to 2024, and as Past Chairperson of the Board of the Self Storage Association from 2020 to 2024. She is a certified public accountant (inactive) and received a Bachelor of Arts in Business Administration from Case Western Reserve University.
The Company’s compensation program for its non-employee trustees is described in the Company’s Proxy Statement for its 2026 annual meeting of shareholders, filed with the Securities and Exchange Commission on March 31, 2026, and such description is incorporated herein by reference. Ms. Fischer will receive compensation for her service in accordance with the program.
There are no arrangements or understandings between Ms. Fischer and any other person pursuant to which Ms. Fischer was appointed to the Board. There are no transactions in which Ms. Fischer has an interest requiring disclosure under Item 404(a) of Regulation S-K.