Form 4: Franklin Street Properties Corp Director Brian N. Hansen Reports Stock Transactions

Director Brian N. Hansen reports acquisition and disposal of Franklin Street Properties Corp stock, including shares issued under the 2002 Stock Incentive Plan.

Summary

• On May 31, 2024, Director Brian N. Hansen reported transactions involving Franklin Street Properties Corp (FSP) common stock.
• Hansen acquired 22,727 shares of common stock at $0, issued under the 2002 Stock Incentive Plan, with the number of shares determined by dividing $45,000 by the closing price of FSP's common stock ($1.98) on the grant date.
• Hansen also disposed of 22,727 shares of common stock.
• Following these transactions, Hansen directly owns 89,791 shares, indirectly owns 1,191,656 shares through a trust, and 40,000 shares through a 401(k).

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the actions of company leadership.

Stakeholder Impact

• The stock transactions of a director can influence investor perception of the company's prospects.

Key Dates