Form 4: Terreno Realty EVP Reports Future Stock Sale Under 10b5-1 Plan
Insider Transaction Report
John Tull Meyer, EVP of Terreno Realty Corp, reported a future sale of 4,758 shares of common stock scheduled for November 7, 2025, to be executed under a Rule 10b5-1 trading plan.
Summary
- John Tull Meyer, Executive Vice President (EVP) of Terreno Realty Corp (TRNO), reported a planned transaction involving the company's common stock.
- Meyer is scheduled to dispose of 4,758 shares of common stock.
- The transaction is scheduled for November 7, 2025.
- The shares are planned to be sold at a price of $59.95 per share.
- The total value of the shares planned for sale is approximately $285,209.10 (4,758 * $59.95).
- The transaction is intended to be made pursuant to a Rule 10b5-1(c) contract, instruction, or written plan.
- Following this planned transaction, Meyer will directly beneficially own 119,949 shares of common stock.
- Meyer will also indirectly beneficially own 67,314 shares through a Rabbi Trust.
Sentiment
Score: 5
Explanation: A routine insider sale under a 10b5-1 plan is generally considered neutral, as it is pre-scheduled and not necessarily indicative of management's current sentiment about the company's prospects.
Positives
- The transaction is executed under a Rule 10b5-1 trading plan, indicating a pre-scheduled sale rather than a reaction to recent events, which can reduce concerns about insider sentiment.
Negatives
- An insider sale, even if pre-planned, will reduce the insider's direct equity stake in the company.
Future Outlook
No forward-looking statements or guidance are provided in this Form 4 filing.
Industry Context
This Form 4 filing reports a routine insider transaction and does not provide information relevant to broader industry trends or competitor analysis.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Insider Trading Plan Disclosure | The transaction is intended to be made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). | 11/07/2025 | Indicates a pre-scheduled, automated sale, which typically reduces concerns about the timing of the insider's transaction. |
Stakeholder Impact
- Shareholders: May view the planned sale as a minor reduction in insider alignment, though mitigated by the 10b5-1 plan indicating a pre-scheduled event.
Key Dates
| Date | Description |
|---|---|
| 11/07/2025 | Date of the planned transaction for the sale of common stock by John Tull Meyer. |
Keywords
Terreno Realty Corp, TRNO, Insider Trading, Form 4, John Tull Meyer, Stock Sale, Executive Vice President, 10b5-1 Plan, Real Estate, REIT
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.