Form 4: Acadia Realty Trust: Senior VP Hartmann Executes Stock and LTIP Unit Transactions
SEC Form 4
Senior VP Richard Hartmann of Acadia Realty Trust reports the acquisition and disposal of common shares and LTIP units on May 3, 2024.
Summary
- On May 3, 2024, Richard Hartmann, a Senior VP at Acadia Realty Trust, engaged in transactions involving the company's securities.
- Hartmann acquired 25,000 common shares of beneficial interest at $0.00.
- Simultaneously, Hartmann disposed of 25,000 common shares at a weighted average price of $17.1049 per share, with prices ranging from $17.10 to $17.14.
- Hartmann also transacted 25,000 LTIP Units.
- Following these transactions, Hartmann beneficially owns 130,154 LTIP Units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing transactions by a company insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of those with privileged information.
Stakeholder Impact
- Shareholders can use this information to understand insider trading activity, which may influence their investment decisions.
Key Dates
| Date | Description |
|---|---|
| 05/03/2024 | Date of the securities transactions (acquisition and disposal of common shares and LTIP units). |
| 05/07/2024 | Date of signature for the Form 4 filing. |
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