Form 4: CareTrust REIT CIO James Callister Disposes of Shares to Cover Tax Obligations
SEC Form 4
James Callister, CIO and Secretary of CareTrust REIT, disposed of 10,915 shares of common stock on January 31, 2025, to cover tax withholding obligations.
Summary
- On January 31, 2025, James Callister, the CIO and Secretary of CareTrust REIT, disposed of 10,915 shares of common stock.
- The transaction was executed to cover tax withholding obligations related to the vesting of restricted stock.
- The shares were disposed of at a price of $26.5 per share.
- Following the transaction, Callister directly owns 105,638 shares of CareTrust REIT.
Sentiment
Score: 5
Explanation: This is a neutral event. An executive sold shares to cover taxes, which is a normal occurrence.
Industry Context
Form 4 filings are a routine part of the US stock market, and are required by the SEC to ensure transparency of trading by corporate insiders. This filing indicates that an officer of CareTrust REIT disposed of shares to cover tax obligations, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Date of transaction: James Callister disposed of shares. |
| 02/03/2025 | Date of signature on the Form 4 filing. |
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