Form 4: Terreno Realty Corp Executive John Tull Meyer Reports Acquisition of Restricted Stock
SEC Form 4 Filing
EVP John Tull Meyer reports acquisition of 11,357 shares of Terreno Realty Corp restricted stock on August 6, 2024, bringing his total direct holdings to 117,133 shares.
Summary
- On August 6, 2024, John Tull Meyer, an Executive Vice President at Terreno Realty Corp, acquired 11,357 shares of restricted stock.
- The shares were acquired directly.
- Following the transaction, Meyer directly owns 117,133 shares of common stock.
- Meyer also indirectly owns 67,314 shares through a Rabbi Trust.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it's a standard regulatory filing. The acquisition of restricted stock is generally a positive sign, but it's a routine occurrence.
Positives
- The acquisition of restricted stock aligns the executive's interests with the long-term performance of the company.
- Increased ownership by a key executive can be seen as a sign of confidence in the company's future prospects.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. They are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The increased ownership by an executive could positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 08/06/2024 | Date of transaction: acquisition of restricted stock |
| 08/08/2024 | Date of report filing |
| 08/01/2029 | Full vesting date of the restricted stock |
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