Form 4: Independence Realty Trust Director Thomas H. Purcell Acquires and Disposes of Common Stock
SEC Form 4 Filing
Director Thomas H. Purcell reports changes in beneficial ownership of Independence Realty Trust (IRT) common stock, including acquisitions and disposals.
Summary
- On May 15, 2024, Thomas H. Purcell, a director of Independence Realty Trust, engaged in transactions involving the company's common stock.
- Purcell acquired 5,616 shares of common stock at $0 per share.
- Purcell also disposed of 38,764 shares of common stock.
- Following these transactions, Purcell directly owns 0 shares and indirectly owns 3,493 shares through THP Management, LLC.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of the stock transactions (acquisition and disposition). |
| 05/17/2024 | Date of signature by attorney-in-fact. |
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