Form 4: Kimco Realty Corp: VP, Chief Accounting Officer Paul Westbrook Reports Acquisition of Restricted Stock

Paul Westbrook, VP, Chief Accounting Officer of Kimco Realty Corp, reports the acquisition of 3,980 shares of restricted stock on April 30, 2025.

Summary

• On April 30, 2025, Paul Westbrook, VP, Chief Accounting Officer of Kimco Realty Corp, acquired 3,980 shares of common stock.
• These shares were awarded as restricted stock and vest in five equal annual installments starting February 13, 2026.
• Following this transaction, Westbrook directly owns 88,735 shares of Kimco Realty Corp.
• The acquisition was a direct transaction.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock acquisition, which is neither particularly positive nor negative.

Positives

• The acquisition of restricted stock suggests confidence in the company's future performance.

Future Outlook

The vesting schedule of the restricted stock indicates a long-term incentive for the reporting person.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates an award of restricted stock, a common form of executive compensation.

Stakeholder Impact

• The acquisition of restricted stock aligns the executive's interests with those of the shareholders.

Key Dates

Keywords

Kimco Realty Corp, Paul Westbrook, restricted stock, Form 4, beneficial ownership, securities, acquisition