Form 4: Americold Realty Trust Director Acquires Operating Partnership Profits Units

Sentiment:

SEC Form 4 Filing


Director Mark R. Patterson acquired 13,217 Operating Partnership Profits Units in Americold Realty Operating Partnership, convertible into common stock, on May 20, 2025.

Summary

  • Mark R. Patterson, a director of Americold Realty Trust, acquired 13,217 Operating Partnership Profits Units on May 20, 2025.
  • These units are in Americold Realty Operating Partnership, L.P.
  • The OP Profits Units vest on the earlier of the first anniversary of the grant date or the date of the next annual meeting of Americold Realty Trust, Inc. stockholders following the grant date.
  • Each vested OP Profits Unit can be converted into a common unit of limited partnership interest.
  • Each Common Unit can be redeemed for cash equal to the fair market value of a share of Americold Realty Trust, Inc. common stock, or at the Company's election, acquired for one share of Common Stock.
  • The rights to convert and redeem have no expiration dates.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The acquisition of units by a director is generally a good sign, but the document itself is simply a regulatory filing.

Positives

  • The acquisition of OP Profits Units by a director signals confidence in the company's future performance.

Future Outlook

The document does not contain specific forward-looking statements, but the acquisition of OP Profits Units suggests a positive outlook from the director.

Industry Context

This filing reflects standard practice for corporate insiders reporting changes in beneficial ownership, ensuring transparency in the market.

Key Dates

DateDescription
May, 2024Date of Power of Attorney execution by Mark R. Patterson
05/20/2025Date of transaction: Acquisition of Operating Partnership Profits Units
05/22/2025Date of signature for the Form 4 filing

Keywords

Americold Realty Trust, Mark R. Patterson, Operating Partnership Profits Units, OP Profits Units, Director, Beneficial Ownership, Form 4, Acquisition, Common Stock, Conversion, Redemption

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