Form 4: Terreno Realty Corp EVP John Tull Meyer Reports Stock Transaction
SEC Form 4 Filing
EVP John Tull Meyer of Terreno Realty Corp reports the disposition of 3,973 shares to cover taxes upon vesting of restricted stock on August 1, 2024.
Summary
- On August 1, 2024, John Tull Meyer, an EVP at Terreno Realty Corp, disposed of 3,973 shares of common stock at a price of $68.45 per share.
- This transaction was to cover taxes due upon the vesting of 10,118 shares of restricted common stock.
- Following the transaction, Meyer directly owns 105,776 shares and indirectly owns 67,314 shares through a Rabbi Trust.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like John Tull Meyer, transact in their company's stock. These filings provide transparency to the market regarding the buying and selling activities of individuals with access to non-public information.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Date of stock transaction and vesting of restricted stock |
| 08/05/2024 | Date of signature on the Form 4 filing |
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