Sabatini Gino M. 4
Research Summary
AI-generated summary
W. P. Carey (WPC) Managing Director Gino M. Sabatini Receives Award
What Happened
- Gino M. Sabatini, a Managing Director at W. P. Carey (WPC), was credited with 7,893 shares in an award/acquisition reported on Form 4. The filing lists a price of $0.00 per share (award/vesting), so no cash purchase or open-market sale was reported and no total dollar value is provided in the filing.
Key Details
- Transaction date: 2026-02-06 (reported on Form 4 filed 2026-02-10)
- Transaction type/code: A (award/grant or other acquisition); price per share shown as $0.00
- Shares acquired: 7,893
- Shares owned after transaction: not specified in the provided filing details
- Footnote: These shares represent the vesting of performance share units granted Jan 24, 2023 with a three-year performance cycle; the underlying common shares will be paid at the end of the deferral period selected by the reporting person
- Timeliness: Filing appears timely (filed within the required two business days)
Context
- This transaction reflects compensation-related vesting of performance share units rather than an open-market purchase or sale. Such awards are common as part of long-term incentive programs and do not necessarily indicate the insider is buying or selling stock for investment reasons. The filing shows the vesting event; the actual timing of share delivery may be governed by the deferral election noted in the footnote.