Fox Jason E. 4
Research Summary
AI-generated summary
W. P. Carey (WPC) CEO Jason Fox Receives 45,983 RSU Award
What Happened
Jason E. Fox, President, CEO and a director of W. P. Carey Inc., was granted 45,983 restricted share units (RSUs) on January 21, 2026. The Form 4 reports an acquisition price of $0 (standard for awards); the RSUs convert one-for-one into common shares upon vesting and do not represent an open-market purchase or sale.
Key Details
- Transaction date: 2026-01-21; Form 4 filed 2026-01-23 (appears timely).
- Grant: 45,983 RSUs granted under the Issuer’s Amended and Restated 2017 Share Incentive Plan. Acquisition price: $0.
- Vesting: Three equal annual installments, beginning February 15, 2027 and ending February 15, 2029. RSUs convert 1:1 into common stock when vested.
- Footnote: Filing notes 16.89139 shares were previously acquired via the issuer’s dividend reinvestment program (F2).
- Shares owned after the reported grant are not specified in the provided transaction lines.
Context
This filing documents a compensation-related equity award (RSUs) that will become actual shares only as the units vest over the next three years. Unlike an open-market purchase or sale, a grant reflects company compensation practice rather than an immediate trading decision.