Form 4: Kimco Realty Corp. COO David Jamieson Reports Stock Award and Disposition

David Jamieson, COO of Kimco Realty Corp., reports the acquisition of 56,553 shares of restricted stock and the disposition of 43,192 shares to cover tax obligations.

Summary

• On February 13, 2025, David Jamieson, the Chief Operating Officer of Kimco Realty Corp., acquired 56,553 shares of common stock as a result of meeting certain performance criteria related to the company's peer group.
• These shares were awarded as restricted stock based on performance shares granted on February 13, 2022.
• On the same day, Jamieson disposed of 43,192 shares of common stock at a price of $22.29 per share.
• Following these transactions, Jamieson directly owns 350,472 shares of Kimco Realty Corp.
• The disposition of shares was likely to cover tax obligations related to the vesting of the restricted stock.

Sentiment

Score: 6

Explanation: Neutral sentiment as the filing reflects routine transactions related to executive compensation and tax obligations.

Positives

• The acquisition of restricted stock indicates that Kimco Realty Corp. met certain performance criteria relative to its peer group and the National Association of Real Estate Investment Trust retail peers.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.

Key Dates