Gladstone Land Corp 2025年度报告

FORM 10-K/A Amendment No. 1 (Mark One) ☒ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the fiscalyear endedDecember31, 2025 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission file number:001-35795 GLADSTONE LAND CORPORATION (Exact name of registrant as specified in its charter) Maryland54-1892552(State or other jurisdiction ofincorporation or organization)(I.R.S. Employer Identification No.) (703) 287-5800Registrant’s Telephone Number, Including Area Code Securities registered pursuant to Section12(b) of the Act: Securities registered pursuant to Section12(g) of the Act: 5.00% Series E Cumulative Redeemable Preferred Stock, par value $0.001per share 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 Section15(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 of1934 during the preceding 12months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to suchfiling requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submitsuch 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, oran emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growthcompany” in Rule 12b-2 of the Exchange Act. Acceleratedfiler☐Smallerreportingcompany☒Emerging growth company☐ 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 anynew or revised financial 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 internalcontrol over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 762(b)) by the registered public accounting firm thatprepared 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 inthe 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 compensationreceived 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☒ The aggregate market value of the voting stock held by non-affiliates of the Registrant onJune30, 2025, based on the closing price on that date of$10.17 per share on the Nasdaq Global Market, was approximately $342.3 million. For the purposes of calculating this amount only, all directors andexecutive officers of the Registrant have been deemed to be affiliates. The number of shares of the Registrant’s common stock, $0.001 par value per share, outstanding as of April6, 2026, was41,963,372. Documents Incorporated by Reference: The information required by Part III is incorporated by reference from the Registrant’s definitive proxystatement for its2025Annual Meeting of Stockholders (the “2025Proxy Statement”), that was filed pursuant to Regulation 14A with the UnitedStates Securities and Exchange Commission (“SEC”) within 120 days after the end of the fiscal year to which this report relates. GLADSTONE LAND CORPORATION FORM 10-K AMENDMENT NO. 1 FOR THE YEAR ENDEDDECEMBER31, 2025 TABLE OF CONTENTS EXPLANATORY NOTE Gladstone Land Corporation (the “Company”) filed its Annual Report on Form 10-K for the fiscal year ended December31, 2025 withthe Securities and Exchange Commission (the “Commission”) on February 24, 2026 (the “Original Form 10-K”). This amendment tothe Original Form 10-K (the “Amendment”) is being filed to correct the following immaterial disclosure errors in the Company’sConsolidated Balance Sheets as of December31, 2025 and 2024 in the Original Form 10-K: (i)The authorized number of Series D cumulative term preferred stock, $0.001 par