W. P. Carey Inc.·4

Feb 10, 4:28 PM ET

Gregory Jeremiah 4

Research Summary

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W. P. Carey (WPC) Managing Director Gregory Jeremiah Receives Award

What Happened

  • Gregory Jeremiah, Managing Director at W. P. Carey, reported the vesting/settlement of 5,846 performance-based shares (award code A) on Feb 6, 2026. To cover tax withholding (code F), 2,440 of those shares were withheld at $71.21 per share, a withholding value of $173,752. Net shares issued to him after withholding were 3,406.
  • This was a vesting/award settlement (not a market purchase or open-market sale); the withholding is a routine tax payment (disposition of shares for taxes), not an investment sale.

Key Details

  • Transaction date: 2026-02-06; Filing date: 2026-02-10 (timely filed within the Form 4 window).
  • Award: 5,846 shares reported as acquired at $0.00 (reflecting settlement of performance share units).
  • Withholding: 2,440 shares withheld at $71.21/share = $173,752 to satisfy tax liability.
  • Net shares retained by the reporting person (5,846 − 2,440): 3,406 shares.
  • Footnotes: F1 — Vesting of PSUs granted 1/24/2023 with a three-year performance cycle; underlying shares paid at end of any selected deferral. F2 — Tax liability paid by withholding shares in connection with PSU settlement.
  • Shares owned after the transaction: not provided in the excerpt of the filing.

Context

  • This was a settlement of performance stock units (derivative award). The withholding of shares to pay taxes is a common administrative step and does not necessarily indicate buying or selling intent.
  • The transaction codes: A = Award/Grant (vesting/settlement); F = Tax withholding (disposition).