Infurna Evelyn Leon 4
4 · GETTY REALTY CORP /MD/ · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Getty Realty Director Evelyn Infurna Receives 7,000 RSU Award
What Happened
Infurna Evelyn Leon (listed on the filing; a director of Getty Realty Corp /MD/ (GTY)) received a grant of 7,000 restricted stock units (RSUs) on March 2, 2026. The award was granted for no consideration; no per-share price or immediate cash value is reported because RSUs are settled in stock or cash at the Compensation Committee’s discretion. This is a compensation award (code A on the Form 4), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-02; Form 4 filed: 2026-03-03 (timely filing).
- Security: 7,000 RSUs (derivative award). Price per share: N/A (awarded for no consideration).
- Shares owned after transaction: not disclosed in the filing.
- Vesting and settlement (from filing footnotes): RSUs vest ratably over 5 years beginning on the first anniversary of the grant, subject to continued service; Compensation Committee may settle each vested RSU in one share of common stock or cash (fair market value) within 30 days of vesting. RSUs may fully vest on death or certain terminations; committee may also allow vesting upon retirement.
- Award received for no consideration (footnote).
- Filing shows no late-report flag.
Context
This is a standard director compensation award (restricted stock units). RSUs do not represent immediate transferable stock until they vest and are settled, and the final economic value depends on whether the company settles in shares or cash and the stock price at vesting. Such grants are routine for board compensation and do not by themselves indicate buying or selling sentiment.
Insider Transaction Report
- Award
Restricted Stock Unit
[F1][F2][F3]2026-03-02+7,000→ 38,500 total→ Common Stock (7,000 underlying)
Footnotes (3)
- [F1]Each Restricted Stock Unit (RSU) is settled at the discretion of the Compensation Committee in one share of common stock or in cash in an amount equal to the fair market value of one share of common stock on the settlement date noted in footnote (2) below.
- [F2]RSUs vest ratably over 5 years commencing on the 1st anniversary of the grant date, subject to continued service with the Issuer on each vesting date, except that to the extent unvested, RSUs fully vest upon death or upon termination of service for any reason other than the Reporting Person voluntarily electing to resign from the Board, voluntarily electing not to stand for re-election, or being involuntarily removed from the Board (excluding a failure to be re-elected by the stockholders). RSUs may also vest in the discretion of the Compensation Committee upon retirement from the Board, subject to the terms of the Issuer's Third Amended and Restated 2004 Omnibus Incentive Compensation Plan and the applicable grant agreement. RSUs are settled in cash or common stock, in the discretion of the Compensation Committee, within thirty (30) days following the applicable vesting date.
- [F3]The RSUs were received by the Reporting Person for no consideration.