Form 4: Armada Hoffler Executive Eric E. Apperson Reports Changes in Beneficial Ownership

Eric E. Apperson, President of Construction at Armada Hoffler Properties, Inc., reports acquisition and disposal of common stock and holdings in derivative securities.

Summary

• On March 3, 2025, Eric E. Apperson, President of Construction at Armada Hoffler Properties, Inc., reported changes in beneficial ownership.
• Apperson acquired 34,900 shares of common stock at $0 and disposed of 9,282 shares at $9.18 to satisfy tax obligations.
• Following these transactions, Apperson beneficially owns 59,484.814 shares of common stock.
• Apperson also holds 255,124 Common Units and 30,864 Time-Based LTIP Units in Armada Hoffler, L.P.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects standard insider transactions related to compensation and tax obligations.

Positives

• The acquisition of 34,900 shares indicates a continued investment in the company by a key executive.

Negatives

• The disposal of 9,282 shares, while for tax obligations, represents a reduction in Apperson's holdings.

Future Outlook

The document does not contain specific forward-looking statements, but the vesting schedule of the restricted shares suggests continued employment of the executive.

Industry Context

Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.

Key Dates