Form 4: W. P. Carey Director Margaret G. Lewis Reports Acquisition of Restricted Shares

Director Margaret G. Lewis reports the acquisition of 3,203 restricted shares of W. P. Carey Inc. as part of an annual award.

Summary

• On July 1, 2024, Margaret G. Lewis, a director of W. P. Carey Inc., reported the acquisition of 3,203 shares of common stock.
• These shares were awarded as restricted shares under the company's 2017 Share Incentive Plan.
• The shares were granted at a price of $0.
• Following the transaction, Lewis directly owns 16,268 shares of W. P. Carey Inc.
• Lewis has granted power of attorney to Sapna Sanagavarapu, Gena Panter, Susan Hyde, Robin Gersten and Taylor Upchurch to handle SEC filings related to her W. P. Carey holdings.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing related to executive compensation. The acquisition of shares by a director is generally viewed positively, but it's not a major event.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The restricted shares are scheduled to vest in full on the anniversary of the grant date.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The acquisition of shares by a director can positively influence shareholder sentiment.

Key Dates