Form 4: SL Green CFO Sells 11,600 LTIP Units for Cash

SL Green Realty Corp.'s CFO, Matthew J. DiLiberto, disposed of 11,600 LTIP Units for cash redemption at $46.17 per unit.

Summary

• Matthew J. DiLiberto, Chief Financial Officer of SL Green Realty Corp., disposed of 11,600 LTIP Units.
• The transaction occurred on January 30, 2026.
• These LTIP Units were converted into Common Units of SL Green Operating Partnership, L.P. and subsequently redeemed for cash.
• The redemption price was $46.17 per Common Unit, based on the average closing price of SL Green's Common Stock for the ten trading days ending January 29, 2026.
• Following this transaction, DiLiberto beneficially owns 225,597 LTIP Units directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a routine realization of equity compensation by a corporate officer, rather than a strong directional signal about the company's future.

Future Outlook

No forward-looking statements or guidance are provided in this insider transaction report.

Industry Context

StockSavvy.ai notes that insider transactions, even routine compensation-related ones, are closely watched in the REIT sector for signals regarding management's view on property valuations and future performance. This specific transaction represents a realization of equity compensation by a key executive.

Related Party Transactions

• The transaction involves the Chief Financial Officer, Matthew J. DiLiberto, exercising and redeeming LTIP Units granted under the Issuer's equity-based compensatory programs, which is a standard related-party compensation event.

Stakeholder Impact

• Shareholders: Provides transparency regarding insider holdings and the realization of executive compensation.
• Employees: Illustrates the mechanics of the company's equity compensation programs for executives.

Key Dates

Recommendation

The disposition of LTIP Units by the CFO is a routine event related to equity compensation and does not provide a strong signal for a change in investment strategy. While an insider sale can sometimes be viewed negatively, this transaction's nature and size suggest it's a standard realization of vested compensation rather than a bearish outlook on the company's prospects. Therefore, a 'hold' recommendation is appropriate as this filing alone does not alter the fundamental investment thesis.

Keywords

SL Green Realty Corp, SLG, Matthew J. DiLiberto, CFO, LTIP Units, Insider Trading, Beneficial Ownership, Equity Compensation, Real Estate, REIT