Form 4: FrontView REIT Director Green Acquires and Disposes of Shares and OP Units
SEC Form 4 Filing
Director Robert S. Green reports transactions involving FrontView REIT shares and OP Units, including acquisitions, disposals, and conversions.
Summary
- Robert S. Green, a director of FrontView REIT, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On October 4, 2024, Green acquired 10,000 shares of common stock at $19 per share.
- On November 21, 2024, Green acquired 71,303 shares of common stock through the conversion of OP Units.
- Green also reports transactions involving OP Units, including the issuance of 6,250 and 6,010 OP Units on October 3, 2024, and the conversion of 71,303 OP Units on November 21, 2024.
- The OP Units are redeemable for cash or shares of FrontView REIT common stock.
- The reported securities are held directly and indirectly through RSG (US Holdings) Limited Partnership and RSG Holdings Inc., entities controlled by Green.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting transactions by a company insider, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's securities, providing transparency to the market.
Stakeholder Impact
- The transactions reported may provide insights to shareholders regarding the director's view of the company's value.
Key Dates
| Date | Description |
|---|---|
| 10/03/2024 | Date of the Amended and Restated Agreement of Limited Partnership of the Operating Partnership and the Contribution Agreement. |
| 10/04/2024 | Date of common stock purchase. |
| 11/21/2024 | Date of OP Units conversion to common stock. |
| 04/16/2025 | Date of Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, FrontView REIT, Robert S. Green, OP Units, Shares, Director
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