FLANAGAN ROBERT J 4
4 · W. P. Carey Inc. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
W. P. Carey (WPC) Director Robert J. Flanagan Receives Restricted Share Award
What Happened
Robert J. Flanagan, a non‑employee director of W. P. Carey Inc. (WPC), was granted 2,824 restricted shares on 2026-07-01 (transaction code A). The award was recorded at $0 acquisition price (typical for director compensation awards) and is 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 the director selected under the company’s Deferred Compensation Plan for Non‑Employee Directors.
Key Details
- Transaction date: 2026-07-01 (reported 2026-07-02). Transaction type: Award/Grant (code A). Price per share: $0.00. Total shares: 2,824.
- Vesting/payment: Vest in full on the anniversary of the grant; actual shares paid at end of the reporting person’s selected deferral period.
- Dividend equivalents: Includes 294.318 dividend equivalent rights (DERs) tied to deferred shares; each DER equals the economic value of one share and becomes payable at the end of the deferral period.
- Shares owned after transaction: Not specified in the portions of the filing provided.
- Filing timeliness: Filing date is 2026-07-02 for a 2026-07-01 grant; no late‑filing indication in the provided data.
Context: This is a routine annual restricted‑share award for a non‑employee director as part of compensation and deferral elections, not an open‑market purchase or sale. Such awards are common and reflect pay practices rather than a direct trading signal.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-07-01+2,824→ 22,756.318 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.