Form 4: Rexford Industrial Realty Director, Angela L. Kleiman, Reports Acquisition and Disposal of Shares
SEC Form 4 Filing
Director Angela L. Kleiman reports acquisition of 3,357 shares of restricted common stock and disposal of 9,152 shares.
Summary
- On June 11, 2024, Angela L. Kleiman, a director of Rexford Industrial Realty, Inc., acquired 3,357 shares of restricted common stock.
- These shares were issued under the company's Non-Employee Director Compensation Program and will vest on the earlier of the next annual meeting date or June 11, 2025, contingent upon continued service.
- On the same day, Ms. Kleiman disposed of 9,152 shares.
- Following these transactions, Ms. Kleiman beneficially owns 9,152 shares of Rexford Industrial Realty, Inc.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 06/11/2024 | Date of transaction: acquisition of 3,357 shares and disposal of 9,152 shares. |
| 06/11/2025 | Latest date for vesting of restricted common stock. |
| 06/13/2024 | Date of signature on the Form 4 filing. |
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