Form 4: W. P. Carey Inc. CEO Jason E. Fox Reports Acquisition of Common Stock
SEC Form 4 Filing
Jason E. Fox, CEO and President of W. P. Carey Inc., reports the acquisition of 76,687 shares of common stock due to the vesting of performance share units.
Summary
- On February 7, 2025, Jason E. Fox, CEO and President of W. P. Carey Inc., acquired 76,687 shares of common stock.
- This acquisition resulted from the vesting of performance share units granted on January 12, 2022, with a three-year performance cycle.
- The shares were acquired at a price of $0.
- Following the transaction, Mr. Fox directly owns 1,034,100 shares of W. P. Carey Inc. common stock.
- Mr. Fox also indirectly owns 1,211.5774 shares via his son and 88.301 shares via his daughter.
Sentiment
Score: 6
Explanation: The document is a standard regulatory filing related to stock ownership. The vesting of shares suggests performance targets were met, which is mildly positive.
Positives
- The vesting of performance share units suggests that performance targets were met, which could be viewed positively.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the holdings of key executives.
Stakeholder Impact
- The transaction increases the CEO's stake in the company, potentially aligning his interests further with those of shareholders.
Key Dates
| Date | Description |
|---|---|
| January 12, 2022 | Date of grant for the performance share units. |
| February 07, 2025 | Date of transaction (acquisition of shares). |
| February 11, 2025 | Date of signature for the Form 4 filing. |
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