Form 4: Federal Realty Investment Trust Executive VP-CFO Daniel Guglielmone Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Daniel Guglielmone, EVP-CFO and Treasurer of Federal Realty Investment Trust, reported disposing of 827 common shares to cover tax withholding obligations related to vesting restricted shares on August 3, 2024.
Summary
- On August 3, 2024, Daniel Guglielmone, the EVP-CFO and Treasurer of Federal Realty Investment Trust, disposed of 827 common shares.
- The shares were disposed of to satisfy tax withholding obligations related to the vesting of restricted shares.
- The transaction was executed at a price of $112.48 per share.
- Following the transaction, Guglielmone directly owns 55,227 common shares of Federal Realty Investment Trust.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, and it doesn't necessarily indicate a positive or negative sentiment towards the company's future prospects.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 08/03/2024 | Date of transaction: disposal of 827 common shares. |
| 08/05/2024 | Date of signature on the report. |
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