Sabatini Gino M. 4
Research Summary
AI-generated summary
W. P. Carey (WPC) Managing Director Gino Sabatini Withholds 1 Share
What Happened
- Gino M. Sabatini, Managing Director at W. P. Carey (WPC), had 1 share withheld on Feb 15, 2026 to satisfy tax withholding tied to the vesting/settlement of restricted stock units (RSUs). The withheld share was valued at $74.20 (total ≈ $74). This was a tax-withholding disposition (transaction code F), not an open-market sale or purchase.
Key Details
- Transaction date and price: 2026-02-15 — 1 share @ $74.20 (total ≈ $74)
- Transaction type: F (tax withholding to cover tax liability on RSU vesting)
- Footnote: Represents withholding to pay tax liabilities related to RSUs granted Nov 5, 2025, with a three-year vesting period beginning Feb 15, 2026.
- Shares owned after transaction: not specified in the provided filing excerpt
- Filing: Form 4 filed 2026-02-18 for the 2026-02-15 transaction (check the filing for any late‑filing indicator)
Context
- Tax-withholding by withholding or surrendering shares on RSU vesting is routine and administrative; it does not by itself signal insider confidence or a deliberate sale for investment reasons. The underlying event was RSU vesting—shares were withheld to cover required taxes.