Form 4: Sabah Mirza Reports Changes in Beneficial Ownership of City Office REIT, Inc. Shares
SEC Form 4 Filing
Director Sabah Mirza reports acquisition and disposal of City Office REIT, Inc. shares and restricted stock units.
Summary
- On January 24, 2025, Sabah Mirza, a director of City Office REIT, Inc., engaged in transactions involving the company's common stock and restricted stock units.
- Mirza acquired 8,476 shares of common stock through the conversion of restricted stock units.
- Simultaneously, Mirza disposed of 2,171 shares of common stock.
- Following these transactions, Mirza directly owns 18,813 shares of common stock.
- Mirza also holds 20,670 restricted stock units after the conversion of 8,476 restricted stock units into common shares.
- Additionally, Mirza acquired 362 restricted stock units as a dividend equivalency payment and 10,440 restricted stock units that vest in three equal installments.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing changes in beneficial ownership, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and provides transparency to investors regarding the holdings of company directors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 01/23/2025 | Date of earliest transaction related to restricted stock units. |
| 01/24/2025 | Date of common stock acquisition and disposal. |
| 01/27/2025 | Date of signature for the Form 4 filing. |
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