GASS RHONDA 4

What Happened

• Rhonda Gass, a non‑employee director of W. P. Carey (WPC), received equity awards on 2026-07-01. The filing shows two grants: 2,824 restricted shares granted with a $0.00 acquisition price (deferred) and 423 shares acquired at $70.81 each, valued at $29,953.
• The awards are director compensation (transaction code A — award/grant), not an open‑market purchase or sale.

Key Details

• Transaction date and prices: 2026-07-01 — 2,824 shares @ $0.00; 423 shares @ $70.81 (total $29,953).
• Transaction type: A (grant/award).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes of note:
  • F1: The 2,824 restricted shares are an annual award that vest in full on the one‑year anniversary; underlying shares will be paid at the end of the deferral period selected under the Deferred Compensation Plan for Non‑Employee Directors.
  • F2: Includes 143.278 dividend equivalent rights (DERs) related to deferred shares; DERs are economically equivalent to shares and payable at the end of the deferral period.
  • F3: The 423 shares were granted under the Non‑Employee Director Stock Election Plan in lieu of director fees and will be paid at the end of the director’s selected deferral period.
• Filing: Report filed 2026-07-02 for a 2026-07-01 transaction — appears timely.

Context

• These grants are routine director compensation and involve deferred payout mechanics; they do not represent an open‑market buy or sale. Deferred shares and DERs mean economic value is paid later per the director’s chosen deferral schedule.