Form 4: UDR Inc. Executive Michael D. Lacy Sells 4,500 Shares of Common Stock
SEC Form 4 Filing
Michael D. Lacy, SVP-Property Operations at UDR, Inc., sold 4,500 shares of common stock at a price of $38.17 per share on May 10, 2024.
Summary
- On May 10, 2024, Michael D. Lacy, SVP-Property Operations at UDR, Inc., sold 4,500 shares of UDR common stock.
- The sale price was $38.17 per share.
- Following the transaction, Lacy directly owns 8,566 shares of UDR common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure of an insider transaction. Insider sales can sometimes be interpreted negatively by the market, but without additional context, it's difficult to assess the impact.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/10/2024 | Date of transaction: Michael D. Lacy sold 4,500 shares of UDR common stock. |
| 05/13/2024 | Date of signature on the Form 4 filing. |
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