Poptodorova Elena 4
Research Summary
AI-generated summary
Industrial Logistics (ILPT) Director Elena Poptodorova Receives Award
What Happened
- Director Elena Poptodorova was granted 12,514 shares of Industrial Logistics Properties Trust (ILPT) on 2026-06-09 pursuant to the issuer’s equity compensation plan. To satisfy tax withholding, 1,878 of those shares were withheld/disposed at $8.79 per share, totaling about $16,508. The grant is reported as an award (code A) and the withholding as tax payment (code F).
Key Details
- Transaction dates: grant and withholding both reported for 2026-06-09; Form 4 filed 2026-06-10 (timely).
- Award: 12,514 shares granted (no per-share price applicable for an award).
- Tax withholding: 1,878 shares disposed at $8.79 each; proceeds ~ $16,508.
- Shares owned after transaction: not specified in the filing.
- Footnote: award issued pursuant to the issuer’s equity compensation plan.
- No 10b5-1 plan or other trading program disclosed in this filing.
Context
- This is an equity award (compensation) rather than an open-market purchase or a voluntary sale; the withholding is a routine way to cover tax liability on granted shares. Such awards are common for executives and directors and do not by themselves indicate a buy or sell signal.