Form 4: Plymouth Industrial REIT CFO Sells Shares in Merger
Insider Transaction Report
Plymouth Industrial REIT's President and CFO, Anthony Saladino, disposed of 127,314 common shares at $22.00 per share as part of a merger agreement.
Summary
- Anthony Saladino, President and CFO of Plymouth Industrial REIT, Inc. (PLYM), disposed of 127,314 shares of the company's common stock.
- The transaction occurred on January 27, 2026, at a price of $22.00 per share.
- This disposition was in connection with the Agreement and Plan of Merger, dated October 24, 2025.
- Under the merger agreement, each share of Plymouth Industrial REIT common stock was converted into the right to receive $22.00 in cash, without interest and subject to any required withholding taxes.
Sentiment
Score: 5
Explanation: Neutral. This is a mandatory disclosure of an insider transaction resulting from a merger, which is an expected corporate event. It does not inherently convey positive or negative sentiment about the company's ongoing operations, but rather the conclusion of a specific corporate action.
Future Outlook
NA
Industry Context
This transaction reflects the finalization of a merger for Plymouth Industrial REIT, a common event in the REIT sector where companies consolidate or are acquired to achieve scale or strategic objectives.
Stakeholder Impact
- Shareholders received $22.00 cash per share as part of the merger consideration, indicating a liquidity event for investors.
Key Dates
| Date | Description |
|---|---|
| 10/24/2025 | Date of the Agreement and Plan of Merger. |
| 01/27/2026 | Date of earliest transaction (disposition of shares by Anthony Saladino). |
| 01/28/2026 | Signature date of the Form 4 filing. |
Keywords
Plymouth Industrial REIT, PLYM, Anthony Saladino, Form 4, Insider Transaction, Merger, Share Disposition, REIT, Industrial Real Estate
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