Form 4: First Industrial Realty Trust General Counsel Jennifer Matthews Rice Disposes of Shares via Gift

Jennifer Matthews Rice, General Counsel of First Industrial Realty Trust, disposed of 425 common stock shares through a charitable gift on December 17, 2024.

Summary

• Jennifer Matthews Rice, the General Counsel of First Industrial Realty Trust, reported a transaction on December 17, 2024.
• She disposed of 425 shares of common stock through a charitable gift.
• Following this transaction, Ms. Rice directly owns 26,167 shares of First Industrial Realty Trust common stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of a routine transaction, not indicative of positive or negative sentiment.

Industry Context

This is a routine Form 4 filing, which is common for corporate insiders who engage in transactions involving their company's stock. It provides transparency into the trading activities of key personnel.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
• Similar filings are made by executives at comparable REITs such as Prologis (PLD) and Duke Realty (DRE) when they trade company stock.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a small disposal of shares by an executive.

Key Dates

Keywords

Form 4, Beneficial Ownership, Insider Trading, First Industrial Realty Trust, Jennifer Matthews Rice, Charitable Gift, Stock Disposal, General Counsel