Form 4: Regency Centers Corp Executive Sells 1,000 Shares
SEC Form 4 Filing
Michael R. Herman, Senior VP and General Counsel of Regency Centers Corp, sold 1,000 shares of common stock at a price of $69.5691 on August 16, 2024.
Summary
- On August 16, 2024, Michael R. Herman, Senior VP and General Counsel of Regency Centers Corp, sold 1,000 shares of the company's common stock.
- The sale was executed at a price of $69.5691 per share.
- Following the transaction, Herman directly owns 13,010 shares of Regency Centers Corp.
Sentiment
Score: 5
Explanation: The document is a neutral report of an insider stock sale, with no inherent positive or negative implications for the company's overall outlook.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but the relatively small number of shares sold is unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 08/16/2024 | Date of the stock sale transaction |
| 08/19/2024 | Date of signature on the Form 4 filing |
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