Form 4: Equity Commonwealth Director Peter Linneman Reports Share Acquisition and Disposal
SEC Form 4
Director Peter Linneman reports acquiring 6,218 common shares of Equity Commonwealth at $0 and disposing of 49,404 shares on June 18, 2024.
Summary
- On June 18, 2024, Peter Linneman, a director of Equity Commonwealth, reported a transaction involving the company's common shares.
- Linneman acquired 6,218 common shares at a price of $0.
- Simultaneously, Linneman disposed of 49,404 common shares.
- Following these transactions, Linneman's beneficially owned securities amount to 49,404 shares.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for directors and officers of publicly traded companies. It provides transparency to investors regarding the trading activities of company insiders.
Stakeholder Impact
- The transaction may have a minor impact on shareholders as it reflects insider trading activity, which is often scrutinized by investors.
Key Dates
| Date | Description |
|---|---|
| 06/18/2024 | Date of the transaction involving the acquisition and disposal of Equity Commonwealth shares. |
| 06/20/2024 | Date of signature by attorney-in-fact for the reporting person. |
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