Beier Constantin H. 4

What Happened
Constantin H. Beier, a director of W. P. Carey Inc. (WPC), was granted 2,824 restricted shares on 2026-07-01 (reported as an award, Code A). Separately, 834 shares were withheld/disposed on 2026-07-01 at $70.81 per share (total ≈ $59,056) to satisfy tax withholding related to the vesting of restricted stock granted on July 1, 2025 (Code F).

Key Details

• Transaction dates: 2026-07-01 (both grant and withholding); filing date: 2026-07-02.
• Grant: 2,824 restricted shares @ $0.00 (award; no cash paid).
• Withholding: 834 shares disposed @ $70.81 = $59,056 (to cover taxes on prior-year vesting).
• Footnotes: F1 — 2026 award is an annual restricted-share grant under the 2017 Share Incentive Plan, scheduled to vest on the grant anniversary. F2 — the 834 shares were withheld upon vesting of restricted stock granted 7/1/2025 to satisfy tax withholding.
• Shares owned after the transactions are not specified in the provided filing excerpt.
• Filing appears timely (Form 4 filed the day after the transactions; Form 4s must generally be filed within two business days).

Context
This is a routine equity compensation event: an annual grant of restricted shares (future vesting) and a standard tax-withholding action on previously vested shares. Such awards and withholdings are common and do not, by themselves, indicate the insider’s buy/sell sentiment.