MESABI TRUST 8-K

What Happened
Mesabi Trust (MSB) announced on January 16, 2026 (via Form 8-K and press release) that the Trustees declared a distribution of $0.26 per Unit of Beneficial Interest. The distribution is payable on February 20, 2026 to unitholders of record at the close of business on January 30, 2026. The filing notes that the distribution compares to $5.95 per Unit declared for the same period last year.

Key Details

• Distribution amount: $0.26 per unit.
• Record date: January 30, 2026 (close of business).
• Payable date: February 20, 2026.
• Prior-year comparison: $5.95 per unit declared for the same period in the prior year.
• Source document: Press release furnished as Exhibit 99.1 to the Form 8-K.

Why It Matters
This distribution determines the cash payment Mesabi Trust unitholders will receive for the period; the declared amount is substantially lower than the prior year’s $5.95 per unit, which may meaningfully affect cash income for investors. The Form 8-K is a factual filing of the declared distribution—investors who rely on trust payouts should note the record and payable dates and review the press release and the trust’s other filings for further context on results or financial condition.