Form 4: Independence Realty Trust CFO James Sebra Reports Stock Forfeiture for Tax Obligations
SEC Form 4 Filing
James Sebra, CFO of Independence Realty Trust, forfeited shares to cover tax liabilities related to vesting stock.
Summary
- On March 1, 2025, James J. Sebra, the President and CFO of Independence Realty Trust, Inc. [IRT], reported a transaction involving the forfeiture of common stock.
- Sebra forfeited 6,622 shares of common stock at a price of $21.8 per share.
- This forfeiture was undertaken to satisfy a tax withholding liability related to the vesting of stock held by Sebra.
- Following the transaction, Sebra directly owns 363,087 shares of Independence Realty Trust, Inc.
Sentiment
Score: 5
Explanation: This is a neutral event. It reflects a standard tax-related stock transaction by a company executive.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates a routine transaction related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of stock forfeiture transaction |
| 03/04/2025 | Date of signature on the Form 4 filing |
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