Form 4: W. P. Carey Inc. Executive Brian H. Zander Reports Acquisition of Common Stock and Restricted Share Units
SEC Form 4 Filing
Brian H. Zander, Chief Accounting Officer of W. P. Carey Inc., reports the acquisition of common stock and restricted share units (RSUs) under the company's Long Term Incentive Plan.
Summary
- Brian H. Zander, Chief Accounting Officer of W. P. Carey Inc., filed a Form 4 detailing changes in beneficial ownership.
- On January 21, 2025, Zander acquired 3,956 shares of common stock at $0 price.
- These shares were acquired through the grant of restricted share units (RSUs) under the Issuer's Long Term Incentive Plan.
- Zander directly owns 11,193.3673 shares of W. P. Carey Inc. common stock following the reported transaction.
- The RSUs are scheduled to vest in three equal annual installments beginning on February 15, 2026, and ending on February 15, 2028.
- The RSUs are convertible on a one-for-one basis into shares of the Issuer's Common Stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and alignment of interests. There are no indications of negative events or concerns.
Positives
- The acquisition of RSUs aligns the executive's interests with the long-term performance of the company.
- The vesting schedule encourages continued service and commitment from the executive.
Future Outlook
The executive's holdings will increase as the RSUs vest over the next three years, aligning their interests with the company's performance.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The RSU grant aligns executive interests with shareholder value.
- The vesting schedule encourages long-term commitment from the executive.
Key Dates
| Date | Description |
|---|---|
| 01/21/2025 | Date of transaction: Acquisition of common stock and RSUs. |
| 01/23/2025 | Date of signature by Attorney-in-fact. |
| 02/15/2026 | First vesting date for RSUs. |
| 02/15/2028 | Final vesting date for RSUs. |
Keywords
W. P. Carey Inc., Brian H. Zander, Form 4, Beneficial Ownership, Restricted Share Units, RSUs, Long Term Incentive Plan, Common Stock, Executive Compensation
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.