Form 4: CareTrust REIT CFO William Wagner Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
William Wagner, CFO and Treasurer of CareTrust REIT, disposed of 37,797 shares of common stock on January 31, 2025, to cover tax withholding obligations.
Summary
- On January 31, 2025, William M. Wagner, CFO and Treasurer of CareTrust REIT, disposed of 37,797 shares of common stock.
- The disposal was executed to cover tax withholding obligations related to the vesting of TSR units and previous restricted stock awards.
- The shares were disposed of at a price of $26.5 per share.
- Following the transaction, Wagner directly owns 290,522 shares of CareTrust REIT.
- The transaction was reported on February 3, 2025.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor management's perspective on the company's stock.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Date of transaction: Disposal of shares. |
| 02/03/2025 | Date of report filing. |
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