Form 4: Acadia Realty Trust: Officer Joseph Napolitano Reports Acquisition and Disposal of Shares
SEC Form 4 Filing
Senior VP Joseph Napolitano reports acquiring and disposing of Acadia Realty Trust shares and LTIP units on March 10, 2025.
Summary
- On March 10, 2025, Joseph Napolitano, a Senior VP of Acadia Realty Trust, reported acquiring 46,567 common shares of beneficial interest at $0 and disposing of 46,567 shares at a weighted average price of $22.39.
- The shares were sold in multiple transactions ranging from $22.22 to $22.53 per share.
- Napolitano also acquired 46,567 LTIP units.
- Following these transactions, Napolitano directly owns 118 common shares and 183,980 LTIP units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company officer. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for officers of publicly traded companies, providing transparency into their trading activities in the company's stock. It is a standard practice to ensure fair market practices and prevent insider trading.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company officer, but the volume is unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 03/10/2025 | Date of earliest transaction: Acquisition and disposal of common shares and LTIP units. |
| 03/11/2025 | Date of signature for the Form 4 filing. |
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