Gordon Brooks G. 4
4 · W. P. Carey Inc. · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
W.P. Carey (WPC) MD Gordon G. Brooks Receives Award, Withholds Shares
What Happened
Gordon G. Brooks, Managing Director at W. P. Carey Inc., had 6,139 performance stock units (PSUs) vest on Feb 6, 2026 (award/acquisition). As part of the settlement, 2,558 shares were withheld to satisfy tax withholding obligations at an implied price of $71.21 per share, resulting in withholding valued at $182,155. The award itself was recorded as an acquisition (A) with no cash outlay by the insider.
Key Details
- Transaction dates: Vesting/award and withholding occurred on 2026-02-06; Form 4 filed 2026-02-10 (timely).
- Award: 6,139 shares acquired (code A) at $0.00 (vesting of PSUs).
- Tax withholding: 2,558 shares disposed/withheld (code F) at $71.21 per share = $182,155.
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes: F1 — these were PSUs granted Jan 24, 2023 with a three-year performance cycle; F2 — shares were withheld to pay the tax liability on the vested PSUs.
- Filing timeliness: Filed on Feb 10 for a Feb 6 transaction; this meets the standard Form 4 reporting window.
Context
This was a routine, compensation-related vesting and tax-withholding transaction (not an open-market sale or a purchase). Withholding shares to cover taxes is common when PSUs vest; it generally reflects standard payroll/tax settlement rather than a trading decision about the company’s stock.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-06+6,139→ 175,715.31 total - Tax Payment
Common Stock
[F2]2026-02-06$71.21/sh−2,558$182,155→ 173,157.31 total
Footnotes (2)
- [F1]Represents the vesting of performance share units granted on January 24, 2023, with a three-year performance cycle.
- [F2]Represents the payment of tax liability by withholding shares in connection with the vesting and settlement of performance stock units originally granted on January 24, 2023.