4Filed Aug 18, 8:00 PM ET
Vivmark Residential (VMRK) Director Aman Angela M Receives 2,710 RUs
$VMRK · VIVMARK RESIDENTIALResearch Summary
AI-generated summary of this SEC filing
Vivmark Residential (VMRK) Director Aman Angela M Receives 2,710 RUs
What Happened
- Aman Angela M (Director) was granted 2,710 Series 2026I restricted limited partnership interests ("RUs") in the operating partnership of Vivmark Residential (VMRK) on August 17, 2026. The reported acquisition price is $0.00 because this is a compensation award (derivative grant), not an open‑market purchase.
Key Details
- Transaction date and filing: Grant dated 2026-08-17; Form 4 filed 2026-08-19 (filing appears timely).
- Amount: 2,710 RUs; reported price $0.00 (award/grant).
- Vesting/holding: RUs scheduled to vest on 2027-08-17 and are subject to a holding restriction until 2028-08-17.
- Convertible nature: RUs automatically convert into an equal number of OP Units when a tax-related capital account target is reached (if within 10 years). OP Units are exchangeable one-for-one for Vivmark common shares or for cash at the company’s option. The reported RUs include any OP Units into which they may automatically convert.
- Shares owned after transaction: Not specified in the provided filing excerpt.
Context
- This is a compensation award (derivative grant) tied to future service and tax/conversion mechanics, not a market purchase or sale. Such grants are common for long-term incentive compensation and do not by themselves indicate immediate buying or selling in the market.