Niehaus Christopher 4
4 · W. P. Carey Inc. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
W. P. Carey (WPC) Director Christopher Niehaus Receives 2,824-Share Award
What Happened
Christopher Niehaus, a non-employee director of W. P. Carey Inc. (WPC), was granted an award of 2,824 restricted shares on July 1, 2026. The grant was reported as an acquisition (code A) at a $0.00 per-share price (total reported value $0). The restricted shares are scheduled to vest in full on the one-year anniversary of the grant. The underlying shares will be paid at the end of the deferral period Niehaus selects under the company’s Deferred Compensation Plan for Non-Employee Directors.
Key Details
- Transaction date: 2026-07-01; Form 4 filed 2026-07-02 (timely filing).
- Transaction type/code: Award/Grant (A). Reported acquisition: 2,824 shares at $0.00 (total $0).
- Includes 294.318 dividend equivalent rights (DERs) tied to dividends on deferred shares; each DER equals the economic equivalent of one share and becomes payable at the end of the deferral period.
- Vesting: Scheduled to vest in full on the anniversary of the grant date per the Issuer’s Amended and Restated 2017 Share Incentive Plan.
- Shares owned after the transaction: not disclosed in the provided filing information.
Context
This is a routine director compensation award (restricted shares and dividend equivalents) rather than an open-market purchase or sale. Because the shares are deferred and subject to vesting, this filing reflects compensation mechanics more than an immediate transfer of market exposure.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-07-01+2,824→ 38,034.974 total
Footnotes (2)
- [F1]Represents an annual award of restricted shares granted under the Issuer's Amended and Restated 2017 Share Incentive Plan, which are scheduled to vest in full on the anniversary of the grant date. The underlying shares of the Issuer's common stock will be paid at the end of the deferral period selected by the reporting person under the Issuer's Deferred Compensation Plan for Non-Employee Directors.
- [F2]Includes 294.318 dividend equivalent rights ("DERs") related to dividends received on deferred shares granted under the Issuer's Deferred Compensation Plan for Non-Employee Directors. These DERs become payable at the end of the deferral period selected by the reporting person. Each DER is the economic equivalent of one share of the Issuer's common stock.