Form 4: Retail Opportunity Investments Corp: Director Richard A. Baker Reports Tax Withholding Transaction

Richard A. Baker, Non-Executive Chairman 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, Richard A. Baker, the Non-Executive Chairman of Retail Opportunity Investments Corp (ROIC), had 5,390 shares of common stock withheld by the company to cover tax obligations.
• The shares were withheld at a price of $17.36 per share.
• Following the transaction, Baker directly owns 358,930 shares of ROIC common stock.
• Baker also holds 12,635 OP Units in Retail Opportunity Investments Partnership, LP, which can be redeemed for cash or common stock on a one-for-one basis.

Sentiment

Score: 5

Explanation: This is a neutral filing related to insider transactions for tax purposes and doesn't inherently reflect positive or negative sentiment about the company.

Industry Context

This filing is a routine disclosure of an insider transaction related to tax obligations, which is a common occurrence in publicly traded companies. It doesn't necessarily indicate a change in the company's outlook or performance.

Key Dates

Keywords

Form 4, Beneficial Ownership, ROIC, Retail Opportunity Investments Corp, Richard A. Baker, Tax Withholding, OP Units, Insider Transaction