Form 4: Regency Centers Director Gary E. Anderson Reports Acquisition of Restricted Stock
SEC Form 4 Filing
Director Gary E. Anderson acquired 1,368 shares of restricted stock in Regency Centers Corp on August 1, 2024, which vest on the first anniversary of the grant date.
Summary
- On August 1, 2024, Gary E. Anderson, a director of Regency Centers Corp, acquired 1,368 shares of restricted stock.
- The shares were granted as part of his service on the Board of Directors until the next annual meeting of Shareholders.
- The restricted stock vests 100% on the first anniversary of the grant date.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects standard compensation practices and aligns director interests with shareholders.
Positives
- The acquisition of restricted stock aligns the director's interests with those of the shareholders.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The acquisition of restricted stock aligns the director's interests with those of the shareholders, potentially encouraging decisions that benefit the company's long-term value.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Date of transaction: Gary E. Anderson acquired 1,368 shares of restricted stock. |
| 08/05/2024 | Date of report submission. |
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