Fox Jason E. 4
Research Summary
AI-generated summary
W. P. Carey (WPC) CEO Jason E. Fox Receives 38,006-Share Award
What Happened
- Jason E. Fox, CEO, Director and President of W. P. Carey Inc., was reported to have acquired 38,006 shares on February 6, 2026. The Form 4 lists the transaction as an award/grant (code A) with an acquisition price of $0.00 (i.e., shares issued on vesting of performance-based units).
Key Details
- Transaction date: February 6, 2026; Form 4 filed February 10, 2026 (Accession: 0001025378-26-000027).
- Shares/amount: 38,006 common shares acquired; acquisition price reported as $0.00.
- Shares owned after transaction: Not specified in the Form 4 summary provided.
- Footnote: The shares represent vesting of performance share units granted January 24, 2023 (three-year performance cycle). The underlying shares will be paid at the end of the deferral period selected by the reporting person (see footnote F1).
- Filing timeliness: Form filed four days after the transaction date; the filing does not indicate a late-report flag in the provided data.
Context
- This transaction reflects the vesting/payment of long-term incentive awards (performance share units), which is a form of executive compensation rather than an open-market purchase or sale. Such vesting events are routine and do not by themselves indicate trading-driven buying or selling.