TRNO · Terreno Realty Corporation

Summary

Terreno Realty Corporation commenced a new 'at the market' equity offering program under which it may issue and sell up to $500,000,000 of common stock through multiple sales agents. This program replaces the prior ATM program under which the Company sold 6,977,280 shares for gross proceeds of approximately $464,392,308 from August 28, 2024 through February 13, 2026.

Key takeaways

• ATM Program aggregate offering price up to $500,000,000 of common stock
• Sales agents include KeyBanc Capital Markets Inc., Robert W. Baird & Co., BMO Capital Markets Corp., and others
• Commission to sales agents not more than 2.0% of gross sales price
• Net proceeds for general corporate purposes including acquisitions, developments, and debt repayment
• Prior program sold 6,977,280 shares at weighted average price $66.56 per share
• Prospectus supplement dated February 17, 2026 under Form S-3 (File No. 333-276959)