GASS RHONDA 4

What Happened
Rhonda Gass, a non‑employee director of W. P. Carey Inc. (WPC), received a grant of 396 shares on April 1, 2026, valued at $69.39 per share for a total grant value of approximately $27,478. This transaction is an award/grant (transaction code A) issued in lieu of director fees and is a compensation grant rather than an open‑market purchase or sale.

Key Details

• Transaction date and price: 2026-04-01; 396 shares at $69.39 each (total ~$27,478).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote F1: These 396 shares were granted under the Issuer's Non‑Employee Director Stock Election Plan in lieu of director fees and will be paid at the end of the reporting person’s selected deferral period.
• Footnote F2: The grant includes 135 dividend equivalent rights (DERs) tied to dividends on deferred shares under the Deferred Compensation Plan for Non‑Employee Directors; each DER is the economic equivalent of one share and becomes payable at the end of the deferred period.
• Timeliness: Reported on April 2, 2026 for the April 1, 2026 grant (filed timely based on the provided dates).

Context
This is routine director compensation (deferred equity) and not an active purchase or sale that signals immediate insider buying or selling. Deferred grants and DERs are common ways companies compensate non‑employee directors and are paid out at the end of the director’s chosen deferral period.