Form 4: Rexford Industrial Realty Co-CEO Howard Schwimmer Reports Gift of 250 Shares
SEC Form 4 Filing
Howard Schwimmer, Co-CEO and Co-President of Rexford Industrial Realty, reported a gift of 250 shares of common stock.
Summary
- On February 25, 2025, Howard Schwimmer, Co-CEO and Co-President of Rexford Industrial Realty, Inc. (REXR), reported a transaction involving the company's common stock.
- Schwimmer gifted 250 shares of common stock.
- Following the transaction, Schwimmer directly owns 50,213 shares of Rexford Industrial Realty, Inc.
- Schwimmer also owns 125,660 OP Units, 751,019 LTIP Units, 577,616 Performance Units, and 13,575 indirectly owned shares.
- Schwimmer disclaims beneficial ownership of shares and OP Units held by the Living Trust and Family Trust, except to the extent of his pecuniary interest.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of a transaction by a company insider, as required by the SEC. It provides transparency into the holdings and transactions of key executives.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves a small number of shares being gifted.
Key Dates
| Date | Description |
|---|---|
| 12/14/2001 | Date of the Schwimmer Living Trust |
| 02/25/2025 | Date of the stock transaction (gift of shares) |
| 02/27/2025 | Date of signature on the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.