Form 4: Armada Hoffler Director Kirk A. Russell Reports Changes in Beneficial Ownership

Director Kirk A. Russell reports transactions involving Armada Hoffler Properties, Inc. stock and common units.

Summary

• On January 4, 2024, Kirk A. Russell acquired 715.252 shares of Armada Hoffler Properties, Inc. common stock at a price of $12.2588 per share through a dividend reinvestment program.
• As of the report date, Russell directly owns 17,692 shares of common stock.
• Russell also has indirect ownership of 45,679.912 shares through a spouse.
• Russell also has direct and indirect ownership of Common Units and LTIP Units in Armada Hoffler, L.P. which are redeemable or convertible into common stock under certain conditions.
• The reporting person disclaims beneficial ownership of securities owned by their spouse and this report should not be deemed an admission of beneficial ownership.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Positives

• The acquisition of shares through the dividend reinvestment program indicates a continued investment in the company.

Industry Context

Form 4 filings are standard disclosures required by the SEC for insiders to report transactions in their company's stock, providing transparency to the market.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates