Form 4: Kimco Realty Corp. President Ross Cooper Reports Stock Disposal
SEC Form 4
Ross Cooper, President of Kimco Realty Corp., reported the disposal of 23,483 shares of common stock to cover tax obligations.
Summary
- On October 31, 2024, Ross Cooper, President of Kimco Realty Corp., reported a transaction involving the disposal of 23,483 shares of common stock.
- The shares were disposed of at a price of $24.02 per share.
- Following the transaction, Cooper directly owns 594,499 shares of Kimco Realty Corp.
- Cooper also indirectly owns 1,900 shares through his daughter, 200 shares through his daughter, and 929 shares through a trust.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine filing related to stock transactions by an officer. The disposal of shares is likely for tax purposes and doesn't necessarily indicate a negative outlook.
Industry Context
Form 4 filings are a routine part of the US stock market and are required by the SEC to ensure transparency of trading by corporate insiders.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a relatively small percentage of Cooper's total holdings.
Key Dates
| Date | Description |
|---|---|
| 10/31/2024 | Date of stock disposal transaction |
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