Form 4: Plymouth Industrial REIT Director Acquires Shares in Recent Transaction

Director Pendleton P. White, Jr. of Plymouth Industrial REIT, Inc. acquired 5,000 shares of common stock at $18.39 per share on November 15, 2024.

Summary

• Pendleton P. White, Jr., a director at Plymouth Industrial REIT, Inc., purchased 5,000 shares of the company's common stock on November 15, 2024.
• The shares were acquired at a price of $18.39 each.
• Following the transaction, Mr. White directly owns 117,735 shares and indirectly owns 9,000 shares through a trust and his father's estate.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The director's purchase could be seen as a positive sign, but it's a routine transaction.

Positives

• The director's purchase of shares could be seen as a positive sign of confidence in the company's future prospects.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders who trade their company's stock. It provides transparency into the trading activities of company directors.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the United States, ensuring transparency of insider trading.
• The transaction is typical for a director and is not unusual in the context of other REITs.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment due to the director's purchase.

Key Dates

Keywords

Plymouth Industrial REIT, Director Share Purchase, Pendleton P. White Jr., Stock Acquisition, Form 4, Insider Trading