Farrell Peter 4

What Happened
Peter Farrell, a director of W. P. Carey Inc., was granted 2,824 restricted shares on 2026-07-01. The Form 4 lists the acquisition price as $0.00 per share (total $0) — this is an equity award (not an open‑market purchase or sale). Footnotes to the filing indicate these are annual restricted-share awards and include dividend equivalent rights related to deferred shares.

Key Details

• Transaction date and price: 2026-07-01; 2,824 shares @ $0.00 each (reported as an award, code A).
• Shares owned after transaction: Not disclosed in this Form 4.
• Footnote F1: Annual restricted-share award under the 2017 Share Incentive Plan; scheduled to vest in full on the one‑year anniversary of the grant. Underlying shares will be paid at the end of the deferral period chosen under the Deferred Compensation Plan for Non‑Employee Directors.
• Footnote F2: Includes 294.318 dividend equivalent rights (DERs) tied to dividends on deferred shares; DERs are payable at the end of the deferral period and each DER equals the economic equivalent of one share.
• Filing timeliness: Form 4 was filed 2026-07-02 for a 2026-07-01 transaction (appears timely under Form 4 rules).

Context
This is routine director compensation — restricted shares that vest over time and, in this case, will be paid out according to the director’s deferred compensation election. Such awards are common for non-employee directors and do not represent an open‑market buy or sell; they should not be interpreted by themselves as a buy/sell signal.