Form 4: Terreno Realty Corp EVP John Tull Meyer Sells Shares
Form 4 Filing
EVP John Tull Meyer of Terreno Realty Corp sold 6,145 shares of common stock at $68.64 per share on August 9, 2024.
Summary
- On August 9, 2024, John Tull Meyer, an Executive Vice President at Terreno Realty Corp, sold 6,145 shares of the company's common stock.
- The sale price was $68.64 per share.
- Following the transaction, Meyer directly owns 110,988 shares of Terreno Realty Corp.
- Meyer also indirectly owns 67,314 shares through a Rabbi Trust.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard Form 4 filing indicating an insider stock sale. The sale itself doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, although it is a common practice.
Key Dates
| Date | Description |
|---|---|
| 08/09/2024 | Date of stock sale transaction |
| 08/13/2024 | Signature date of the Form 4 filing |
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