Form 4: Retail Opportunity Investments Corp. Executive Schoebel Reports Tax Withholding Stock Transaction

Richard K. Schoebel, COO 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 K. Schoebel, the Chief Operating Officer of Retail Opportunity Investments Corp. (ROIC), had 12,742 shares of common stock withheld by the company to satisfy tax obligations related to vested restricted common stock.
• The price per share was $17.36.
• Following the transaction, Schoebel directly owns no shares but indirectly owns 576,012 shares through the Schoebel Family Trust dated June 7, 2013, where he serves as a Trustee.
• These indirectly held shares include common stock and OP Units of Retail Opportunity Investments Partnership, LP.
• Schoebel has the right to redeem his OP Units for cash or common stock on a one-for-one basis, subject to certain adjustments.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (tax withholding) and doesn't indicate any significant positive or negative sentiment. It's a neutral disclosure required by regulations.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax withholding procedure related to vested stock, which is common practice.

Key Dates

Keywords

Form 4, Insider Trading, Retail Opportunity Investments Corp, ROIC, Richard K. Schoebel, Chief Operating Officer, Tax Withholding, Stock Transaction, OP Units, Schoebel Family Trust