Malanoski Mary Louise 4
4 · GETTY REALTY CORP /MD/ · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Getty Realty (GTY) Director Mary Louise Malanoski Receives 7,000 RSU Award
What Happened
Mary Louise Malanoski, a director of Getty Realty Corp. (GTY), received a grant of 7,000 restricted stock units (RSUs) on March 2, 2026. The filing reports this as an award/derivative transaction (no per-share price reported). The RSUs were granted for no consideration and will convert to shares of common stock or cash at the Compensation Committee’s discretion upon vesting/settlement.
Key Details
- Transaction date: 2026-03-02; Form 4 filed: 2026-03-03 (timely filing).
- Transaction type: Award/Grant of 7,000 RSUs (derivative); price reported as N/A.
- Vesting: RSUs vest ratably over 5 years beginning on the first anniversary of the grant, subject to continued service.
- Settlement: Committee may settle each RSU in one share of common stock or cash equal to the fair market value on settlement; settlement occurs within 30 days after each vesting date.
- Special vesting terms: Unvested RSUs generally vest in full upon death or certain terminations; may vest upon retirement at committee discretion.
- Consideration: RSUs were received for no consideration.
- Shares owned after transaction: Not specified in this filing.
Context
RSU grants are a form of compensation and are not an immediate purchase or sale of stock. Because settlement (stock vs. cash) and vesting occur in the future, this award does not represent immediate insider buying or selling. Investors often view grants as part of routine director compensation rather than a direct signal of insider sentiment.
Insider Transaction Report
- Award
Restricted Stock Unit
[F1][F2][F3]2026-03-02+7,000→ 59,000 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 reporting person for no consideration.