Form 4: Armada Hoffler Director Haddad Reports Stock Transactions
SEC Form 4 Filing
Louis S. Haddad, a director at Armada Hoffler Properties, reported the acquisition and disposal of common stock to satisfy tax obligations related to vesting restricted shares.
Summary
- On March 3, 2025, Louis S. Haddad, a director of Armada Hoffler Properties, Inc., reported transactions involving the company's common stock.
- Haddad acquired 168,338 shares of common stock at $0 and disposed of 74,994 shares at $9.18 to cover tax withholding obligations related to vesting restricted shares.
- Following these transactions, Haddad beneficially owns 629,215 shares of common stock directly, as well as 5,000 shares of 6.75% Series A Preferred Stock.
- Haddad also holds 2,108,918 common units of limited partnership interest in Armada Hoffler, L.P., which are redeemable for cash or common stock.
- The transactions were reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, as it's a routine disclosure.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates transactions related to tax obligations from vesting restricted shares, which is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date of stock transactions (acquisition and disposal). |
| 03/05/2025 | Date of signature on the Form 4 filing. |
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