Form 4: Acadia Realty Trust Executive VP and CFO, John J. Gottfried, Reports Transaction in Company Stock

Sentiment:

SEC Form 4 Filing


Executive VP and CFO of Acadia Realty Trust, John J. Gottfried, reports the acquisition and disposition of company stock and LTIP units on May 3, 2024.

Summary

  • On May 3, 2024, John J. Gottfried, Executive VP and CFO of Acadia Realty Trust, engaged in transactions involving the company's securities.
  • Gottfried acquired 12,500 common shares of beneficial interest at $0.00.
  • He also disposed of 12,500 common shares at a weighted average price of $16.8913, with prices ranging from $16.75 to $17.01 per share.
  • Following these transactions, Gottfried directly owns 7,600 common shares.
  • Additionally, Gottfried acquired 12,500 LTIP units, which are exchangeable for common shares.
  • After the transaction, Gottfried directly owns 291,839 LTIP units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in the real estate investment trust (REIT) sector. It provides transparency into the actions of company insiders.

Stakeholder Impact

  • The transactions may be of interest to shareholders as they provide insight into the actions of a key executive.

Key Dates

DateDescription
05/03/2024Date of the reported transactions (acquisition and disposition of common shares and LTIP units).
05/07/2024Date of signature on the Form 4 filing.

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