Sanzone ToniAnn 4
Research Summary
AI-generated summary
W. P. Carey (WPC) CFO ToniAnn Sanzone Receives RSU Award
What Happened
- ToniAnn Sanzone, Chief Financial Officer of W. P. Carey Inc. (WPC), received a grant of 13,795 restricted share units (RSUs) on 2026-01-21. The RSUs were reported at $0.00 (no cash changed hands); market value will depend on the company stock price at conversion. This is a compensation award (not a purchase or sale).
Key Details
- Transaction date: 2026-01-21; Form 4 filed: 2026-01-23 (within the typical 2-business-day filing window).
- Grant: 13,795 RSUs reported at $0.00.
- Vesting: RSUs vest in three equal annual installments on Feb 15, 2027, Feb 15, 2028, and Feb 15, 2029; convertible one-for-one into common stock (Footnote F1).
- Prior holdings note: includes 177 shares previously acquired under the Employee Stock Purchase Plan (Footnote F2).
- Administrative correction: amount has been adjusted to correct an administrative error (Footnote F3).
- Post-transaction total beneficial ownership was not specified in the summary provided.
Context
- RSUs are a common form of equity compensation and do not itself indicate buying or selling intent—value is realized only as units vest and convert to shares. The grant is routine compensation-related awarding of equity to an executive, subject to the stated vesting schedule.
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