Form 4: W. P. Carey Inc. Executive Gordon Brooks G. Reports Changes in Beneficial Ownership

Managing Director Gordon Brooks G. of W. P. Carey Inc. reports the vesting of performance share units and subsequent tax liability payment through share withholding.

Summary

• On February 7, 2025, Gordon Brooks G., a Managing Director at W. P. Carey Inc., reported changes in beneficial ownership of the company's common stock.
• 12,142 common stock shares were acquired due to the vesting of performance share units granted on January 12, 2022.
• 4,991 shares were disposed of to cover tax liabilities associated with the vesting of these performance stock units at a price of $56.07 per share.
• Following these transactions, Gordon Brooks G. directly owns 152,746.3144 shares of W. P. Carey Inc. common stock.

Sentiment

Score: 6

Explanation: The document is a routine disclosure of stock transactions by a company executive. The vesting of performance shares is generally a positive sign, but the subsequent sale to cover taxes is neutral. Overall, the sentiment is slightly positive but not significantly impactful.

Positives

• The vesting of performance share units indicates that performance goals were likely met over the three-year performance cycle.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track changes in ownership and potential alignment of interests.

Stakeholder Impact

• The vesting of performance share units aligns the executive's interests with those of the shareholders, as it is tied to company performance.

Key Dates

Keywords

W. P. Carey Inc., Gordon Brooks G., beneficial ownership, Form 4, performance share units, vesting, tax liability, share withholding, Managing Director