Form 4: Director Sells PLYM Shares in Merger for $22 Each

Sentiment:

Insider Transaction Report


Plymouth Industrial REIT Director David Gaw disposed of 47,069 shares of common stock at $22 per share as part of a merger agreement.

Summary

  • Director David Gaw of Plymouth Industrial REIT, Inc. (PLYM) reported a disposition of common stock.
  • The transaction involved 47,069 shares of common stock.
  • The shares were disposed of at a price of $22.00 per share.
  • This disposition was in connection with an Agreement and Plan of Merger dated October 24, 2025.
  • At the effective time of the merger, each share was converted into the right to receive $22.00 in cash, without interest and subject to any required withholding taxes.
  • Following the transaction, David Gaw beneficially owns 0 shares of Plymouth Industrial REIT, Inc.

Sentiment

Score: 5

Explanation: Neutral, as this is a factual report of an expected transaction related to a merger, not an operational update or new strategic initiative. The merger itself could be positive or negative, but the Form 4 simply reports the mechanics of the share conversion.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

  • Shareholders of Plymouth Industrial REIT, Inc. received $22.00 per share in cash as part of the merger, indicating a liquidity event for their holdings.

Key Dates

DateDescription
10/24/2025Date of the Agreement and Plan of Merger.
01/27/2026Date of the reported transaction (disposition of shares).
01/28/2026Date the Form 4 was signed by the attorney-in-fact.

Keywords

Plymouth Industrial REIT, PLYM, David Gaw, Director, Insider Trading, Form 4, Merger, Stock Disposition, Real Estate Investment Trust, REIT

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