CALAWAY TONIT M 4
Research Summary
AI-generated summary
W. P. Carey (WPC) Director Tonit Calaway Receives Restricted Shares
What Happened Tonit M. Calaway, a director of W. P. Carey Inc. (WPC), received an award of 2,824 restricted shares on 2026-07-01. The grant is reported at $0.00 (typical for restricted-share awards) and is scheduled to vest in full on the one-year anniversary of the grant date.
Key Details
- Transaction type: Award/Grant (code A) of restricted shares.
- Shares granted: 2,824; price reported: $0.00; total reported value: $0 (reflects grant, not a cash purchase).
- Vesting: Per footnote, these are an annual award under the company's 2017 Share Incentive Plan and vest in full on the anniversary of the grant.
- Transaction date: 2026-07-01; Form 4 filing date: 2026-07-02 (appears timely).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- No 10b5-1, tax withholding, or late-filing flags noted in the provided details.
Context This is a compensation-related award of restricted stock to a director, not an open-market purchase or sale. Such grants are common for executive/director compensation and align the recipient’s interests with shareholders but do not alone indicate a buying or selling signal by the insider.