Form 4: Essential Properties Realty Trust Director Stephen Sautel Sells Shares
SEC Form 4 Filing
Director Stephen Sautel sold 35,000 shares of Essential Properties Realty Trust (EPRT) common stock in two transactions on May 6th and 7th, 2024.
Summary
- Stephen Sautel, a director of Essential Properties Realty Trust, Inc. (EPRT), sold shares of common stock on May 6th and May 7th, 2024.
- On May 6th, 2024, Mr. Sautel sold 25,000 shares at a weighted average price of $27.09, with individual prices ranging from $27.04 to $27.15.
- On May 7th, 2024, he sold an additional 10,000 shares at a weighted average price of $27.39, with individual prices ranging from $27.30 to $27.47.
- Following these transactions, Mr. Sautel directly owns 237,492 shares of EPRT common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating insider trading activity. The sentiment is neutral as it simply reports facts without expressing any opinion or forward-looking statements.
Industry Context
Insider sales are a common occurrence and can be for a variety of reasons, including personal financial planning. It's important to consider the overall context of insider transactions and company performance when evaluating the significance of these sales.
Key Dates
| Date | Description |
|---|---|
| 05/06/2024 | Stephen Sautel sold 25,000 shares of EPRT common stock. |
| 05/07/2024 | Stephen Sautel sold 10,000 shares of EPRT common stock. |
| 05/08/2024 | Date of Form 4 filing. |
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