Form 4: Kimco Realty Corp. Executive VP, CFO Glenn Gary Cohen Reports Acquisition of Restricted Stock
SEC Form 4 Filing
Glenn Gary Cohen, Executive VP and CFO of Kimco Realty Corp., reports the acquisition of 29,880 shares of restricted stock on April 30, 2025, vesting on February 13, 2030.
Summary
- Glenn Gary Cohen, the Executive VP and CFO of Kimco Realty Corp., filed a Form 4 on April 30, 2025.
- The report details the acquisition of 29,880 shares of Kimco Realty Corp. common stock.
- These shares were awarded as restricted stock on April 30, 2025, and will vest in full on February 13, 2030.
- Cohen also indirectly owns 18,818 shares of common stock through a 401(k).
- Following the reported transaction, Cohen beneficially owns 672,853 shares of Kimco Realty Corp. common stock directly.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard regulatory filing related to executive compensation. The acquisition of restricted stock could be interpreted as a positive sign of executive confidence, but it's not a strong indicator.
Positives
- The acquisition of restricted stock by a key executive could be seen as a positive sign of confidence in the company's future performance.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates changes in the holdings of a key executive at Kimco Realty Corp., a major player in the real estate industry.
Stakeholder Impact
- The acquisition of restricted stock by a key executive could be viewed positively by shareholders as it aligns the executive's interests with the company's long-term success.
Key Dates
| Date | Description |
|---|---|
| 04/30/2025 | Date of transaction and filing of Form 4; date of restricted stock award. |
| 02/13/2030 | Vesting date for the 29,880 shares of restricted stock. |
Keywords
Form 4, Kimco Realty Corp, Glenn Gary Cohen, restricted stock, beneficial ownership, securities, acquisition, CFO
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