Form 4: Medical Properties Trust Executive James Kevin Hanna Disposes of Shares to Cover Tax Obligations
SEC Form 4
James Kevin Hanna, Senior VP, Controller & CAO of Medical Properties Trust Inc., disposed of 1,682 shares of common stock on July 3, 2024, to cover tax withholding obligations upon vesting of restricted stock.
Summary
- On July 3, 2024, James Kevin Hanna, a Senior VP, Controller & CAO at Medical Properties Trust Inc. (MPW), disposed of 1,682 shares of common stock.
- The transaction was executed to satisfy tax withholding obligations related to the vesting of restricted stock.
- The shares were disposed of at a price of $4.46 per share.
- Following the transaction, Hanna directly owns 380,236 shares of MPW common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a standard transaction to cover tax obligations and doesn't necessarily reflect a change in the executive's outlook on the company.
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. This transaction is related to tax obligations and is not necessarily indicative of a change in sentiment by the reporting person.
Key Dates
| Date | Description |
|---|---|
| 07/03/2024 | Date of transaction: James Kevin Hanna disposed of 1,682 shares of MPW common stock. |
| 07/08/2024 | Date of signature on the Form 4 filing. |
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