Form 4: Whitestone REIT COO Christine Mastandrea Reports Changes in Beneficial Ownership

Christine Mastandrea, COO of Whitestone REIT, reports acquisition and disposal of common shares related to restricted stock units and tax withholding obligations.

Summary

• On June 28, 2024, Christine Mastandrea, the Chief Operating Officer of Whitestone REIT, reported changes in her beneficial ownership of the company's common shares.
• She acquired 19,223 common shares through restricted common share units granted under the company's 2018 Long-Term Equity Incentive Ownership Plan.
• Simultaneously, 13,782 common shares were withheld by the company to satisfy tax withholding obligations related to the vesting of previously granted restricted units.
• The per share value assigned to the tax withholding shares was $13.31, based on the closing sales price of the common shares on June 28, 2024.
• Following these transactions, Mastandrea's direct ownership decreased from 389,037 to 375,255 common shares.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to changes in beneficial ownership, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and equity ownership, common in publicly traded companies.

Key Dates