Form 4: Whitestone REIT Executive Soklin Siv Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Soklin Siv, VP of Human Resources at Whitestone REIT, reports acquisition and disposal of common shares related to restricted share units and tax withholding obligations.
Summary
- On December 31, 2024, Soklin Siv, VP of Human Resources at Whitestone REIT, reported changes in beneficial ownership of the company's common shares.
- Siv acquired 16,892 common shares through restricted common share units granted under the 2018 Long-Term Equity Incentive Ownership Plan at a price of $0.
- Additionally, 5,566 common shares were disposed of to satisfy tax withholding obligations related to the vesting of restricted units at a price of $14.17 per share.
- Following these transactions, Siv directly owns 76,868 common shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an officer. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect standard equity compensation practices.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of transaction: acquisition of restricted common share units and disposal of shares for tax withholding. |
| 01/03/2025 | Date of signature on the Form 4 filing. |
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