Form 4: First Industrial CFO Transfers Shares in Marital Settlement

First Industrial Realty Trust CFO Scott Musil transferred over 114,000 shares and LP units as part of a marital dissolution settlement.

Summary

• Scott A. Musil, Chief Financial Officer of First Industrial Realty Trust Inc. (FR), reported a change in beneficial ownership.
• On December 17, 2025, Musil disposed of 65,023 shares of Common Stock.
• Additionally, Musil disposed of 49,563 LP Units in First Industrial L.P.
• These transfers were made to a spouse/former spouse as part of a marital dissolution settlement.
• The securities are no longer beneficially owned by the reporting person following the transfer.
• After the reported transaction, Musil beneficially owns 13,625 shares of Common Stock and 62,194 LP Units directly.

Sentiment

Score: 5

Explanation: The filing reports a personal transaction by an insider (transfer due to marital dissolution) and does not reflect on the company's operational or financial performance, thus indicating a neutral sentiment.

Future Outlook

This filing does not contain any forward-looking statements or guidance related to the company's future performance.

Industry Context

This filing reports a personal transaction by a company insider and does not provide information related to broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders may note the reduction in the CFO's direct beneficial ownership, but this is due to a personal event (marital dissolution) rather than a reflection of confidence in the company.

Key Dates

Keywords

Form 4, insider transaction, CFO, stock transfer, marital settlement, beneficial ownership, First Industrial Realty Trust