Form 4: Americold Realty Trust Executive Reports Stock Transactions
SEC Form 4 Filing
Robert E. Harris, SVP & Chief Accounting Officer of Americold Realty Trust, reports the vesting and subsequent disposal of shares related to performance-based restricted stock units.
Summary
- On August 15, 2024, Robert E. Harris, SVP & Chief Accounting Officer of Americold Realty Trust, had performance-based restricted stock units (PRSUs) vest, resulting in the acquisition of 1,582 shares of common stock at a price of $28.2 per share.
- Simultaneously, Harris disposed of 473 shares of common stock at $28.2 per share to cover tax obligations.
- Following these transactions, Harris directly owns 3,673 shares of Americold Realty Trust common stock.
- Harris also holds 1,582 performance-based restricted stock units, with the remaining balance vesting on August 15, 2025.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions, so the sentiment is neutral.
Future Outlook
The remaining 50% of the performance-based restricted stock units will vest on August 15, 2025.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine executive stock transaction.
Key Dates
| Date | Description |
|---|---|
| March 7, 2024 | Date of Power of Attorney execution. |
| August 15, 2024 | Date of stock transaction (vesting of PRSUs and disposal of shares). |
| August 15, 2024 | 50% of PRSUs vested. |
| August 15, 2025 | Remaining 50% of PRSUs vesting date. |
| August 19, 2024 | Date of Form 4 signature. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.