Form 4: Armada Hoffler Director Louis S. Haddad Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Louis S. Haddad reports a disposition of common stock and preferred stock, while still holding a significant number of common units convertible to common stock.
Summary
- On March 4, 2025, Louis S. Haddad, a director of Armada Hoffler Properties, Inc., filed a Form 4 indicating changes in his beneficial ownership of the company's securities.
- Haddad disposed of 343,675 shares of common stock at $0 and 5,000 shares of 6.75% Series A Preferred Stock.
- Following the transaction, Haddad directly owns 285,540 shares of common 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.
- These common units have no expiration date and were issued more than one year prior to the report date, making them eligible for redemption.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 03/04/2025 | Date of transaction (disposal of common stock and preferred stock). |
| 03/06/2025 | Date of signature on the Form 4 filing. |
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