Form 4: Plymouth Industrial REIT Director Receives Restricted Stock Grant

Robert O. Stephenson, a Director at Plymouth Industrial REIT, Inc., was granted 6,269 shares of restricted common stock as part of the company's incentive award plan.

Summary

• Robert O. Stephenson, a Director of Plymouth Industrial REIT, Inc. (PLYM), acquired 6,269 shares of common stock.
• The transaction occurred on June 20, 2025, and involved an acquisition of securities.
• The shares were granted as restricted stock under the Plymouth Industrial REIT, Inc. Third Amended and Restated 2014 Incentive Award Plan.
• The grant price for these shares was $0, indicating they were awarded rather than purchased.
• Following this transaction, Mr. Stephenson directly beneficially owns 6,269 shares of common stock.
• The restricted shares are set to vest on the earlier of the first anniversary of the grant date (June 20, 2026) or the date of the annual meeting of stockholders immediately following the grant date.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as it indicates alignment of director interests with shareholders through equity compensation, a standard practice.

Positives

• The grant of restricted stock to a director aligns the director's interests with those of the shareholders, as the value of the compensation is tied to the company's stock performance.
• It indicates the company is utilizing its incentive award plan to compensate and retain key personnel.

Future Outlook

The document details a specific equity grant and does not provide broader forward-looking statements or financial guidance for the company.

Industry Context

This Form 4 filing details an individual insider transaction, which is a routine disclosure for publicly traded companies. It does not provide information that directly relates to broader industry trends or competitive dynamics within the REIT sector, but rather reflects standard executive compensation practices.

Related Party Transactions

• The grant of restricted stock to Robert O. Stephenson, a Director of Plymouth Industrial REIT, Inc., constitutes a related party transaction as it involves compensation to a member of the company's board.

Stakeholder Impact

• Shareholders: The grant aligns the director's financial interests with shareholder value creation, as the stock's value directly impacts the director's compensation.
• Employees: While specific to a director, such grants are part of broader compensation strategies that can influence overall employee incentive structures.

Next Steps

• The restricted stock granted to Robert O. Stephenson will vest on the earlier of June 20, 2026, or the date of the annual meeting of stockholders immediately following the grant date.

Key Dates

Keywords

Plymouth Industrial REIT, PLYM, SEC Form 4, Insider Transaction, Restricted Stock, Stock Grant, Director Compensation, Beneficial Ownership, Incentive Award Plan, Equity Compensation