Form 4: Director Sells PLYM Shares in Merger for $22 Each
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
| Date | Description |
|---|---|
| 10/24/2025 | Date of the Agreement and Plan of Merger. |
| 01/27/2026 | Date of the reported transaction (disposition of shares). |
| 01/28/2026 | Date 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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