Form 4: Kimco Realty Corp. Executive Ross Cooper Reports Acquisition of Restricted Stock
SEC Form 4 Filing
Ross Cooper, President of Kimco Realty Corp., reports the acquisition of 29,880 shares of restricted stock on April 30, 2025, vesting on February 13, 2030.
Summary
- Ross Cooper, President of Kimco Realty Corp., filed a Form 4 on May 01, 2025, reporting a transaction.
- On April 30, 2025, Cooper acquired 29,880 shares of Kimco Realty Corp. common stock.
- These shares were awarded as restricted stock and vest in full on February 13, 2030.
- Following the transaction, Cooper directly owns 638,006 shares of common stock.
- Cooper also indirectly owns 1,900 shares, 200 shares and 929 shares of common stock by daughter and by trust.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The filing reflects a standard executive compensation practice, indicating confidence in the company's future performance. There are no overtly negative signals.
Positives
- The acquisition of restricted stock aligns the executive's interests with the long-term performance of the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates an award of restricted stock, a common practice for aligning executive compensation with company performance.
Stakeholder Impact
- The acquisition of restricted stock by a key executive can be viewed positively by shareholders, as it aligns management's interests with the company's long-term success.
Key Dates
| Date | Description |
|---|---|
| 04/30/2025 | Date of transaction: Ross Cooper acquired 29,880 shares of restricted stock. |
| 05/01/2025 | Date of Form 4 filing. |
| 02/13/2030 | Vesting date for the 29,880 shares of restricted stock. |
Keywords
Form 4, insider trading, restricted stock, Kimco Realty Corp, Ross Cooper, KIM
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