Sanzone ToniAnn 4

What Happened

• ToniAnn Sanzone, Chief Financial Officer of W. P. Carey Inc. (WPC), had a total of 5,321 shares disposed on Feb 15, 2026 as payment for tax liabilities tied to vested restricted stock units (RSUs). Each block was recorded at $74.20 per share, totaling approximately $394,818 across five withholding transactions.
• These were not open-market purchases or voluntary sales for cash gain but share-withholdings to satisfy tax withholding obligations upon RSU settlement — a routine administrative transaction.

Key Details

• Transaction date: February 15, 2026. Filing date (Form 4): February 18, 2026 (as reported).
• Price per share reported: $74.20. Total shares withheld/disposed: 5,321. Total reported value: ~$394,818.
• Footnotes: The dispositions represent tax-withholding in connection with RSU vesting from multiple grants (grants dated Jan 24, 2023; Nov 8, 2023; Jan 23, 2024; Jan 21, 2025) with multi-year vesting schedules noted in the filing.
• Shares owned after the transaction: not provided in the excerpt supplied.
• Transaction code: F — payment of tax liability via share withholding (routine). No late-filing flag was indicated in the provided data; check the official Form 4 for any timeliness notes.

Context

• Tax-withholding dispositions on RSU vesting are common and typically administrative; they do not necessarily indicate the insider’s view on the company’s stock. Unlike open-market purchases, they’re driven by tax obligations when awards vest.
• For retail investors tracking insider activity, outright purchases are generally more informative than withholding-related dispositions. This filing documents routine tax-related withholding tied to previously granted RSUs.