Form 4: W. P. Carey Director Alexander Mark A Acquires Shares Under Stock Election Plan

Director Alexander Mark A acquired 655 shares of W. P. Carey Inc. common stock under the company's Non-Employee Director Stock Election Plan.

Summary

• On April 5, 2024, Alexander Mark A, a director of W. P. Carey Inc., acquired 655 shares of common stock.
• The acquisition was made under the Issuer's Non-Employee Director Stock Election Plan in lieu of director fees.
• The price per share was $55.27.
• Following the transaction, Alexander Mark A beneficially owns 30,382 shares of W. P. Carey Inc.
• This total includes 143 shares previously acquired under a dividend reinvestment program.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The director's decision to take stock in lieu of fees suggests confidence in the company, but it's a routine transaction.

Positives

• The director's participation in the stock election plan demonstrates confidence in the company's future.

Industry Context

Directors receiving stock in lieu of fees is a common practice in publicly traded companies, aligning their interests with shareholders.

Comparison to Industry Standards

• Many REITs (Real Estate Investment Trusts) like W. P. Carey offer similar stock election plans for directors.
• Companies such as Realty Income (O) and Prologis (PLD) also have director compensation structures that include stock grants.
• The amount of stock granted in lieu of fees is generally comparable to industry averages for director compensation.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders.
• It reinforces the alignment of director interests with shareholder value.

Key Dates