Form 4: SL Green Realty Corp. Director Sells Shares in Open Market Transaction

Craig M. Hatkoff, a director at SL Green Realty Corp., sold 3,455 shares of common stock at an average price of $66.30 per share on January 24, 2025.

Summary

• Craig M. Hatkoff, a director of SL Green Realty Corp., sold 3,455 shares of the company's common stock on January 24, 2025.
• The shares were sold at a weighted average price of $66.30 per share.
• The sale was executed in multiple transactions with prices ranging from $66.04 to $66.77 per share.
• Following the transaction, Mr. Hatkoff directly owns 2,052 shares of SL Green Realty Corp. common stock.

Sentiment

Score: 5

Explanation: The document is a neutral disclosure of a stock sale by a director, with no indication of positive or negative sentiment.

Industry Context

This is a routine disclosure of a director's stock sale, which is common in the real estate industry and does not necessarily indicate a change in the company's prospects.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies, including real estate investment trusts (REITs) like SL Green.
• Similar filings are made by directors and officers of comparable REITs such as Boston Properties (BXP) and Vornado Realty Trust (VNO) when they trade their company's stock.
• The sale of 3,455 shares is not unusual for a director's transaction and is within the typical range of such filings.

Stakeholder Impact

• The stock sale by a director may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the company's operations or financial position.

Key Dates

Keywords

SL Green Realty Corp, insider trading, stock sale, Form 4, director, equity securities, Craig M. Hatkoff