Quilty Patrick 4
4 · GENERATION INCOME PROPERTIES, INC. · Filed Apr 13, 2026
Research Summary
AI-generated summary of this filing
GIPR Director Patrick Quilty Receives Restricted Stock Award
What Happened
Patrick Quilty, a director of Generation Income Properties, Inc. (GIPR), was granted 31,250 restricted stock units (RSUs) on March 31, 2025. The transaction is reported as an award/acquisition at $0.00 per share (no cash paid). The RSUs are subject to vesting and are scheduled to vest on March 31, 2026, per the filing.
Key Details
- Transaction date: 2025-03-31 — 31,250 RSUs granted at $0.00 per share.
- Vesting/footnote: Footnote F1 — RSUs granted under the 2020 Omnibus Incentive Plan; vest on 2026-03-31.
- Shares owned after the transaction: Not specified in the filing excerpt.
- Filing date/timeliness: Report filed 2026-04-13 for a 2025-03-31 grant; the report appears late relative to typical Form 4 timing.
Context
RSU grants are compensation awards, not open-market purchases or sales; they do not represent immediate buying pressure and typically vest subject to continued service or performance conditions. Tax withholding or subsequent sales (if any) would be reported later when shares vest or are sold. Late filings reduce real-time transparency but do not by themselves indicate intent.
Insider Transaction Report
- Award
Common Stock
[F1]2025-03-31+31,250→ 66,451 total
Footnotes (1)
- [F1]Represents grant of restricted stock units under the Generation Income Properties, Inc. 2020 Omnibus Incentive Plan that will vest on March 31, 2026.