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

Plymouth Industrial REIT Director Caitlin Murphy disposed of 15,489 common shares at $22 per share as part of a merger agreement.

Summary

• Caitlin Murphy, a Director of Plymouth Industrial REIT, Inc. (PLYM), reported the disposition of 15,489 shares of common stock.
• The transaction occurred on January 27, 2026.
• 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.
• Following the transaction, Caitlin Murphy beneficially owns 0 shares of Plymouth Industrial REIT, Inc.

Sentiment

Score: 7

Explanation: The filing reports a director's shares being cashed out as part of a merger at a specific price, which is a definitive event. For the director, it's a positive cash realization. For the company, it signifies the completion of a strategic transaction. The sentiment is neutral to positive as it represents a successful conclusion of a corporate action for shareholders receiving cash.

Positives

• The merger provided a cash payout of $22.00 per share to shareholders, including the reporting person.

Negatives

• The reporting person no longer holds any shares in Plymouth Industrial REIT, Inc. following the merger, indicating a complete exit from the company's equity.

Future Outlook

The filing indicates the completion of a merger, implying the company's future as a publicly traded entity under its current structure has concluded. No forward-looking statements for the former entity are relevant.

Industry Context

This is a specific insider transaction related to a merger. While the filing does not provide broad industry trends, mergers and acquisitions are common in the real estate investment trust (REIT) sector for consolidation or strategic portfolio adjustments.

Stakeholder Impact

• Shareholders: Received $22.00 per share in cash as part of the merger.
• Reporting Person (Caitlin Murphy): Cashed out 15,489 shares for $22.00 each, resulting in a complete exit from the company's equity.

Key Dates

Keywords

Plymouth Industrial REIT, PLYM, Form 4, Insider Transaction, Merger, Stock Disposition, Caitlin Murphy, REIT