Form 4: Terreno Realty Corp CFO Jaime Jackson Cannon Reports Stock Sale

Jaime Jackson Cannon, CFO of Terreno Realty Corp, reported the sale of 4,998 shares of common stock at a price of $68.39 on August 9, 2024.

Summary

• On August 9, 2024, Jaime Jackson Cannon, the CFO of Terreno Realty Corp, sold 4,998 shares of the company's common stock.
• The sale price was $68.39 per share.
• Following the transaction, Cannon directly owns 101,927 shares of Terreno Realty Corp.
• Cannon also indirectly owns 67,314 shares through a Rabbi Trust.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a report of a stock sale, which doesn't inherently indicate positive or negative sentiment.

Industry Context

This is a standard Form 4 filing, reporting an insider transaction. Insider sales are common and don't necessarily indicate a negative outlook for the company, but are closely watched by investors.

Stakeholder Impact

• The sale of shares by a company executive could be perceived negatively by shareholders if they interpret it as a lack of confidence in the company's future prospects.

Key Dates