Form 4: SITE Centers Corp. Director Linda B. Abraham Reports Acquisition of 2,007 Shares

Sentiment:

SEC Form 4 Filing


Director Linda B. Abraham reported acquiring 2,007 shares of SITE Centers Corp. common stock through a dividend reinvestment plan.

Summary

  • On May 15, 2024, Linda B. Abraham, a director of SITE Centers Corp., acquired 2,007 shares of common stock.
  • The acquisition was made through the Issuer's dividend reinvestment plan.
  • The price per share was $0.
  • Following the transaction, Abraham beneficially owns 44,375.0715 shares of SITE Centers Corp. common stock.
  • The shares are directly owned.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The director's participation in the dividend reinvestment plan is a routine transaction and indicates confidence in the company's prospects.

Positives

  • The director's participation in the dividend reinvestment plan demonstrates confidence in the company.

Industry Context

Directors commonly participate in dividend reinvestment plans, which is a standard practice.

Stakeholder Impact

  • The transaction may have a minor positive impact on shareholder sentiment.

Key Dates

DateDescription
05/15/2024Date of transaction: Linda B. Abraham acquired 2,007 shares of SITE Centers Corp. common stock.
05/17/2024Date of signature: Tammy Battler, Attorney-In-Fact, signed the report.

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