Form 4: Medical Properties Trust Executive James Kevin Hanna Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
James Kevin Hanna, a Senior VP at Medical Properties Trust, reported disposing of shares to cover tax obligations related to vesting restricted stock.
Summary
- James Kevin Hanna, Senior VP, Controller & CAO of Medical Properties Trust Inc. (MPW), filed a Form 4 with the SEC.
- The report details the disposal of common stock to satisfy tax withholding obligations upon the vesting of restricted stock.
- On April 19, 2024, 7,102 shares were disposed of at a price of $4.98.
- On April 22, 2024, 1,682 shares were disposed of at a price of $4.73.
- Following these transactions, Hanna directly owns 381,918 shares of MPW common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock disposals for tax purposes, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are routine disclosures required by the SEC when company insiders buy or sell stock in their own companies. These filings provide transparency into insider transactions and can be used by investors to gauge management's sentiment about the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 04/19/2024 | 7,102 shares of common stock disposed of at $4.98 per share to cover tax obligations. |
| 04/22/2024 | 1,682 shares of common stock disposed of at $4.73 per share to cover tax obligations. |
| 04/23/2024 | Date of signature on the Form 4 filing. |
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