Form 4: Independence Realty Trust CFO James Sebra Reports Stock Transactions
SEC Form 4 Filing
James Sebra, CFO & Treasurer of Independence Realty Trust, reports acquisition and disposal of common stock related to performance share units and tax withholding.
Summary
- On February 26, 2024, James Sebra, CFO & Treasurer of Independence Realty Trust, acquired 73,775 shares of common stock related to performance share units.
- An additional 16,677 shares were acquired on the same date.
- Also on February 26, 2024, 16,920 shares were disposed of at a price of $14.48 to cover tax withholding liabilities.
- Following these transactions, Sebra directly owns 349,410 shares of Independence Realty Trust common stock.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of stock transactions by a company insider, with no inherently positive or negative implications.
Future Outlook
The performance share units vest 50% on 2/26/24 and 50% on 1/1/25.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their trading activities.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Acquisition of 73,775 shares of common stock related to performance share units. |
| 02/26/2024 | Acquisition of 16,677 shares of common stock. |
| 02/26/2024 | Disposal of 16,920 shares to cover tax withholding liabilities at $14.48 per share. |
| 02/28/2024 | Date of signature for the Form 4 filing. |
| 01/01/2025 | 50% of the performance shares vest. |
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