VIVMARK RESIDENTIAL Director David Neithercut Receives Award

What Happened
David J. Neithercut, a director of VIVMARK RESIDENTIAL (VMRK), was granted a derivative award on August 17, 2026 covering 18,559 shares. The Form 4 reports the acquisition price as $0.00 (award/grant), indicating a grant of share options rather than an open‑market purchase or cash transaction. The filing was submitted on August 19, 2026.

Key Details

• Transaction type: Award/Grant of derivative securities (code A — options/awards)
• Date of transaction: 2026-08-17; Form 4 filed: 2026-08-19 (timely)
• Shares/options granted: 18,559 (reported at $0.00 on the Form 4)
• Reported value on form: $0.00 (grant reported, not a cash purchase)
• Shares owned after transaction: Not specified in the provided filing
• Footnote: Grant "represents share options granted for prospective service from August 17, 2026 to the 2027 Annual Meeting of Shareholders." Vesting schedule and strike/exercise price are not disclosed in the supplied data.

Context
This was a compensation-related option grant for future service rather than a purchase or sale of stock. Such grants do not involve immediate cash or share sales and do not by themselves indicate that the insider bought or sold shares in the open market. Future exercises, vesting, or sales would produce additional filings that could be more informative about insider sentiment.