Form 4: Cousins Properties Inc. Executive Sells Shares
SEC Form 4 Filing
Jeffrey D. Symes, SVP and Chief Accounting Officer of Cousins Properties Inc., sold 5,997 shares of common stock at a price of $28.13 on September 6, 2024.
Summary
- On September 6, 2024, Jeffrey D. Symes, the SVP and Chief Accounting Officer of Cousins Properties Inc. (CUZ), sold 5,997 shares of the company's common stock.
- The transaction was executed at a price of $28.13 per share.
- Following the transaction, Symes directly owns 12,529 shares, which includes restricted stock and shares held jointly with a spouse.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The sentiment is neutral as it simply reports the sale of shares by an executive.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in company stock. These filings are closely watched by investors seeking insights into management's perspective on the company's valuation and future prospects.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, potentially leading to concerns about the executive's confidence in the company's future performance.
Key Dates
| Date | Description |
|---|---|
| March 6, 2020 | Date of Power of Attorney execution. |
| September 6, 2024 | Date of stock sale transaction. |
| September 10, 2024 | Date of Form 4 filing. |
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