Form 4: ILPT Director Gifts 10,000 Shares
Insider Transaction Report
Industrial Logistics Properties Trust Director Kevin C. Phelan reported gifting 10,000 common shares of beneficial interest.
Summary
- Kevin C. Phelan, a Director of Industrial Logistics Properties Trust (ILPT), reported a disposition of 10,000 common shares of beneficial interest.
- The transaction occurred on November 21, 2025, and was a gift (Transaction Code 'G') with a price of $0 per share.
- Following this transaction, Mr. Phelan directly holds 89,117.342 common shares and indirectly holds 5,500 common shares through a trust.
- The direct holdings include 1,527.387 shares acquired through the Industrial Logistics Properties Trust Dividend Reinvestment Plan since his last Section 16 filing.
Sentiment
Score: 5
Explanation: The filing reports a director's gift of shares, which is a personal transaction and does not inherently indicate positive or negative sentiment regarding the company's operational performance or financial health.
Future Outlook
No forward-looking statements or guidance are provided in this insider transaction report.
Industry Context
This filing reports a routine insider transaction by a director and does not contain information related to broader industry trends or competitive landscape.
Stakeholder Impact
- Shareholders: Minimal direct impact as the transaction is a personal gift by a director and does not reflect on the company's operational performance or financial standing.
Key Dates
| Date | Description |
|---|---|
| 11/21/2025 | Date of transaction (gift of shares) |
| 11/25/2025 | Date of signature by reporting person |
Keywords
Industrial Logistics Properties Trust, ILPT, Form 4, insider transaction, director, share disposition, gift, beneficial ownership
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