Zander Brian H 4

What Happened

Brian H. Zander, Chief Accounting Officer of W. P. Carey (WPC), had 635 shares withheld to cover tax liabilities related to vested restricted stock units (RSUs). On February 15, 2026, 159 shares were withheld at $74.20 each ($11,798) and 476 shares were withheld at $74.20 each ($35,319), for a combined value of $47,117. These transactions are reported as tax-withholding dispositions (transaction code F), not open-market sales.

Key Details

• Transaction date: February 15, 2026; Filing date: February 18, 2026.
• Price per share: $74.20. Shares withheld: 159 and 476 (total 635). Total value: $47,117.
• Shares owned after the transaction: not specified in the provided excerpt.
• Footnotes: F1 — withholding relates to RSUs granted Jan 24, 2023 (three-year vesting beginning Feb 15, 2024). F2 — withholding relates to RSUs granted Jan 21, 2025 (three-year vesting beginning Feb 15, 2026).
• Transaction type: F (tax withholding on vested RSUs) — routine administrative action, not a directional trade.

Context

These were cashless/withholding transactions to satisfy income tax obligations when RSUs vested. Withholdings are common and typically do not reflect an insider's market view of the company's stock. Because this was not an open-market sale or purchase, it provides limited information about insider sentiment.