Form 4: Armada Hoffler Director Russell Kirk Reports Gift of Common Stock
SEC Form 4 Filing
Director Russell Kirk reported a gift of 500 shares of Armada Hoffler Properties, Inc. common stock and provided details on his beneficial ownership of common stock, common units, and LTIP units.
Summary
- On April 2, 2024, Russell Kirk, a director of Armada Hoffler Properties, Inc., reported a transaction involving the disposition of 500 shares of common stock as a gift.
- Following the transaction, Kirk directly owns 17,192 shares of common stock.
- Kirk also indirectly owns 45,679.912 shares of common stock through his spouse, 39,347 common units through his spouse, and 91 common units through a limited partnership.
- Additionally, Kirk directly owns 1,142,394 common units and 4,645 LTIP units.
- The common units are redeemable for cash or common stock, and the LTIP units are convertible into common units under certain conditions.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a transaction by an insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of a transaction by a company insider and provides transparency to the market regarding their holdings in the company.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the holdings of a company director.
Key Dates
| Date | Description |
|---|---|
| 04/02/2024 | Date of transaction: Gift of 500 shares of common stock. |
| 04/03/2024 | Date of signature for the Form 4 filing. |
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