Form 4: Terreno Realty Corp Director Douglas M. Pasquale Reports Acquisition of 2,277 Shares

Director Douglas M. Pasquale acquired 2,277 shares of Terreno Realty Corp on May 7, 2024.

Summary

• On May 7, 2024, Douglas M. Pasquale, a director of Terreno Realty Corp, acquired 2,277 shares of common stock.
• The acquisition was made at a price of $0 per share.
• Following the transaction, Pasquale directly owns 109,875 shares of Terreno Realty Corp.

Sentiment

Score: 5

Explanation: The document itself is neutral, simply reporting a transaction. The sentiment depends on the interpretation of the transaction, which could be seen as positive (confidence) or neutral (routine).

Positives

• The director's acquisition of shares could be interpreted as a positive signal regarding their confidence in the company's future prospects.

Industry Context

Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to the market.

Comparison to Industry Standards

• Comparing Pasquale's holdings to those of other REIT directors would require further research into peer companies such as Prologis (PLD) or Duke Realty (DRE) prior to its acquisition by Prologis, to understand typical ownership levels.
• Analyzing similar Form 4 filings from directors at comparable REITs can provide context on the significance of this transaction.

Stakeholder Impact

• The acquisition of shares by a director may have a minor positive impact on shareholder sentiment.

Key Dates