Form 4: Highwoods Properties Director David Hartzell Acquires and Disposes of Shares
SEC Form 4 Filing
Director David Hartzell reports acquisition of 3,786 shares and disposal of shares of Highwoods Properties, Inc. on March 1, 2024.
Summary
- On March 1, 2024, David John Hartzell, a director of Highwoods Properties, Inc. (HIW), acquired 3,786 shares of common stock.
- The acquisition was through a transaction coded 'A', indicating an acquisition, at a price of $0.00.
- Hartzell also disposed of shares on the same day.
- Following the reported transactions, Hartzell beneficially owns 34,902 shares of Highwoods Properties, Inc.
- The acquired shares consist of time-based restricted stock scheduled to vest on March 1, 2025.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, reporting insider trading activity. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors.
Stakeholder Impact
- Shareholders are informed about the trading activities of a company director.
- The filing ensures transparency and compliance with securities regulations.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction: acquisition and disposal of shares. |
| 03/01/2025 | Vesting date for the time-based restricted stock. |
| 03/04/2024 | Date of signature for the report. |
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