Form 4: Retail Opportunity Investments Corp. CEO Stuart Tanz Reports Tax Withholding Stock Transaction
SEC Form 4 Filing
CEO Stuart Tanz of Retail Opportunity Investments Corp. reports a transaction involving the withholding of shares to cover tax obligations related to vested restricted stock.
Summary
- On January 1, 2025, Stuart Tanz, CEO of Retail Opportunity Investments Corp. (ROIC), had 38,268 shares of common stock withheld by the company to cover tax obligations related to vested restricted stock at a price of $17.36 per share.
- Following the transaction, Tanz directly owns 2,235,965 shares and indirectly owns 80,590 shares through grantor retained annuity trusts.
- He also indirectly holds 113,727 OP Units through the Stuart A. Tanz Separate Property Trust.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to tax obligations, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard tax withholding procedure related to vested stock.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard tax withholding procedure.
Key Dates
| Date | Description |
|---|---|
| 06/16/2006 | Date of the Stuart A. Tanz Separate Property Trust U/A |
| 01/01/2025 | Date of the stock transaction (tax withholding) |
| 01/03/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, ROIC, Retail Opportunity Investments Corp, Stuart Tanz, CEO, Beneficial Ownership, Tax Withholding, OP Units, Securities Exchange Act
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