COVIELLO PHILIP E JR 4

What Happened
Philip E. Coviello Jr., a director of Getty Realty Corp. (GTY), was granted 7,000 restricted stock units (RSUs) on 2026-03-02. The Form 4 records this as a derivative award (Code A); no purchase price is reported and the RSUs were received for no consideration.

Key Details

• Transaction date: 2026-03-02; Form 4 filed 2026-03-03 (appears timely).
• Transaction type/code: Grant / Award (A).
• Amount: 7,000 RSUs (derivative units). Price/value: N/A; received for no consideration (Footnote F3).
• Vesting/settlement: RSUs vest ratably over 5 years starting on the first anniversary of the grant; may accelerate on death or certain terminations and may vest on retirement at the Compensation Committee’s discretion. RSUs are settled in either one share of common stock or cash (discretion of the Compensation Committee) within 30 days after each vesting date (Footnotes F1–F2).
• Shares owned after transaction: Not specified in the provided filing.
• No 10b5-1 plan, tax-withholding details, or sale/exercise noted in the filing.

Context
This is a compensation award (RSUs) to a director, not an open-market purchase or sale. RSUs are a promise of future shares or cash upon vesting and do not represent immediate share ownership or a direct market sentiment signal.