Form 4: Plymouth Industrial REIT Director Sells Shares in Merger

Plymouth Industrial REIT director Philip S. Cottone disposed of 30,278 shares of common stock at $22 per share as part of a merger agreement.

Summary

• Philip S. Cottone, a Director of Plymouth Industrial REIT, Inc. (PLYM), reported a disposition of common stock.
• The transaction occurred on January 27, 2026.
• A total of 30,278 shares of common stock were disposed of.
• The shares were converted into cash at a price of $22.00 per share.
• This disposition was in connection with an Agreement and Plan of Merger dated October 24, 2025.
• Under the merger agreement, Plymouth Industrial REIT, Inc. merged with and into PIR Industrial REIT LLC.
• Each share held by the reporting person was converted into the right to receive $22.00 in cash.

Sentiment

Score: 5

Explanation: Neutral. The filing reports a mandatory transaction (disposition of shares for cash) resulting from a merger, which is a factual event rather than a discretionary action indicating positive or negative sentiment.

Future Outlook

N/A. This filing reports a past transaction related to a completed merger.

Industry Context

N/A. This Form 4 reports a specific insider transaction following a corporate merger, not broader industry trends.

Corporate Governance

Stakeholder Impact

• Shareholders of Plymouth Industrial REIT, Inc. received $22.00 in cash per share as a result of the merger, converting their equity holdings into a fixed cash amount.

Key Dates

Keywords

Plymouth Industrial REIT, PLYM, Form 4, Insider Transaction, Stock Disposition, Merger Agreement, Director, Beneficial Ownership