Armada Hoffler Properties Inc 2025年度报告

FORM 10-K/A ☒ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the fiscal year endedDecember 31, 2025or☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period fromtoCommission file number 001-35908_________________________________________________________________ ARMADA HOFFLER PROPERTIES, INC. (Exact Name of Registrant as Specified in Its Charter)_________________________________________________________________ Securities registered pursuant to Section12(b) of the Act: Name of each exchange on which registered Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.Yes◻No Indicate by check mark if the registrant is not required to file reports pursuant to Section13 or 15(d) of the Act.Yes◻No Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of 1934 during thepreceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to such filing requirements for the past 90days.YesNo◻ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T(§ 232.405 of this chapter) during the preceding 12months (or for such shorter period that the registrant was required to submit such files).YesNo◻ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerginggrowth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of theExchange Act. Large accelerated filer☐Non-accelerated filer☐ 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 revisedfinancial accounting standards provided pursuant to Section 13(a) of the Exchange Act.Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements.Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant's executive officers during the relevant recovery period pursuant to §240.10D-1(b). Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).Yes☐No Table of Contents As of June30, 2025, the last business day of the registrant’s most recently completed second fiscal quarter, the aggregate market value of the registrant’s common stockheld by non-affiliates of the registrant was approximately $545.0 million, based on the closing sales price of $6.87 per share as reported on the New York StockExchange. (For purposes of this calculation all of the registrant’s directors and executive officers are deemed affiliates of the registrant.) As of February20, 2026, the registrant had 80,176,689 shares of common stock outstanding. In addition, as of February20, 2026, Armada Hoffler, L.P., the registrant'soperating partnership subsidiary (the "Operating Partnership"), had 23,501,226 common units of limited partnership interest ("OP Units") outstanding (other than OPUnits held by the registrant). Based on the 80,176,689 shares of common stock and 23,501,226 OP Units held by limited partners other than the registrant, the registranthad a total common equity market capitalization of $633.5 million as of February20, 2026 (based on the closing sales price of $6.11 on the New York Stock Exchangeon such date). EXPLANATORY NOTE This Amendment No. 1 to the Annual Report on Form 10-K (this “Amendment No. 1”) of Armada Hoffler Properties, Inc. (the “Company,” “we,” “us,” and “our,”)amends the Company's Annual Report on Form 10-K for the year ended December31, 2025, which was filed with the Securities and Exchange Commission (the“SEC”) on February 26, 2026 (the “Original Form 10-K”). This Amendment No. 1 is being filed for the sole purposes of (i) correcting information included in Part I,Item 1. Business under the heading “Tenant Diversification” and (ii) filing corrected certifications pursuant to Section 302 and 906 of the Sarbanes-Oxley Act of 2002from our principal executive officer and princi