Form 4: Terreno Realty Corp Director Dennis Polk Sells 9,703 Shares
SEC Form 4 Filing
Director Dennis Polk of Terreno Realty Corp sold 9,703 shares of common stock at $67.2 per share on February 11, 2025.
Summary
- On February 11, 2025, Dennis Polk, a director of Terreno Realty Corp, sold 9,703 shares of the company's common stock.
- The sale price was $67.2 per share.
- Following the transaction, Polk directly owns 46,634 shares of Terreno Realty Corp.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a sale of shares by a director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders of a company (such as directors or officers) buy or sell the company's securities. These filings provide transparency to the market regarding insider transactions.
Stakeholder Impact
- The sale of shares by a director could be perceived neutrally or slightly negatively by shareholders, depending on their interpretation of the director's motives.
Key Dates
| Date | Description |
|---|---|
| 02/11/2025 | Date of transaction: Dennis Polk sold 9,703 shares of Terreno Realty Corp stock. |
| 02/13/2025 | Date of signature on the Form 4 filing. |
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