Behar Z Jamie 4
Research Summary
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Sila Realty (SILA) Director Z. Jamie Behar Sells 14,795 Shares
What Happened Z. Jamie Behar, a director of Sila Realty Trust, Inc. (SILA), had 14,795 shares disposed to the issuer on July 1, 2026. The shares were converted to cash at $30.38 per share, resulting in proceeds of $449,472. The transaction is reported as a disposition to the issuer (code D) rather than an open-market sale.
Key Details
- Transaction date: 2026-07-01
- Price per share: $30.38
- Shares disposed: 14,795
- Total cash value: $449,472
- Shares owned after transaction: not specified in the provided excerpt of the filing
- Footnote: Shares of common stock and unvested restricted stock were cancelled and converted into the right to receive cash equal to $30.38 per share at the Effective Time, in accordance with the Merger Agreement disclosed in the company’s May 22, 2026 Proxy Statement.
- Filing timeliness: filing date matches the report period (no late filing indicated in the provided data)
Context This disposition reflects a contractual cash conversion tied to a merger agreement (not an open-market sale). Such issuer-directed conversions commonly occur in M&A transactions and represent contract terms rather than an insider signaling intent about the company’s future performance.