COOPER MILTON 4

What Happened Milton Cooper, a director of Getty Realty Corp. (GTY), received a grant of 7,000 restricted stock units (RSUs) on March 2, 2026. The award is a derivative compensation grant (code A) received for no cash consideration. The RSUs do not have a per-share purchase price and will be settled in shares or cash at the Compensation Committee’s discretion.

Key Details

• Transaction date: 2026-03-02 (Form 4 filed 2026-03-03) — filing appears timely.
• Award: 7,000 RSUs (derivative), acquisition type: Grant (A); price: N/A.
• Vesting: RSUs vest ratably over 5 years beginning on the first anniversary of the grant, subject to continued service; certain termination or death provisions can accelerate vesting; the Committee may permit retirement vesting.
• Settlement: RSUs are settled in common stock or cash (Committee’s discretion) within 30 days after each vesting date.
• Consideration: RSUs were received for no consideration.
• Shares owned after transaction: Not specified in the provided filing excerpt.

Context This is a standard director compensation award rather than an open-market purchase or sale. RSUs represent a promise of future shares or cash upon vesting, so they do not convey immediate transferable stock or guaranteed cash value until settled. Such grants are common for board members and are primarily a retention/compensation mechanism.