Form 4: SL Green Realty Corp: CEO Marc Holliday Reports Changes in Beneficial Ownership

CEO Marc Holliday reports the exchange and conversion of LTIP units into common stock, along with a gift of common stock.

Summary

• On February 18, 2025, Marc Holliday, the President & CEO of SL Green Realty Corp, exchanged 4,600 LTIP units for 4,600 shares of common stock.
• Following this transaction, Holliday directly owns 13,920.47 shares of common stock.
• He also indirectly owns 530 shares as UTMA custodian for his son.
• On February 20, 2025, Holliday gifted 4,600 shares of common stock, reducing his direct ownership to 9,320.47 shares.
• Holliday also holds 1,431,282 LTIP units.

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

This filing is a routine disclosure of changes in beneficial ownership by a company insider, as required by the SEC. It provides transparency to investors regarding the holdings and transactions of key executives.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in insider ownership.
• The exchange of LTIP units for common stock could be seen as a positive signal, indicating management's confidence in the company's future performance.

Key Dates

Keywords

SL Green Realty Corp, Marc Holliday, LTIP Units, Common Stock, Beneficial Ownership, Form 4, SLG