Blacksberg Jason 4
4 · ACADIA REALTY TRUST · Filed Jan 26, 2026
Research Summary
AI-generated summary of this filing
ACADIA REALTY EVP Jason Blacksberg Receives 34,472 LTIP Units
What Happened
Jason Blacksberg, EVP and Chief Legal Officer of Acadia Realty Trust (AKR), was granted 34,472 long-term incentive partnership units (LTIP Units) on 2026-01-23. The award is reported on Form 4 as a derivative acquisition (code A) at $0.00 per unit (total reported value $0). This was an award under the company's compensation/performance plan, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-01-23; Form 4 filed: 2026-01-26.
- Transaction type: Award/Grant (code A); amount: 34,472 LTIP Units; price reported: $0.00.
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes: The LTIP Units are exchangeable 1:1 for common partnership units of ARLP, which are exchangeable 1:1 for Acadia common shares; no expiration on conversion. The units were earned under the Company’s 2023 outperformance plan and depended on meeting performance criteria.
- Timeliness: Filing date listed; filing was not identified as late in the provided data.
Context
LTIP Units are a form of compensation/derivative award that can convert into common shares on a 1:1 basis (first to common units of ARLP, then to Acadia common shares). Because this is a performance-based award rather than a purchase or sale, it reflects compensation earned under company plans and does not by itself indicate insider buying or selling sentiment. The reported $0 value reflects the nature of the grant; actual market value will depend on future conversion and the stock price at that time.
Insider Transaction Report
- Award
LTIP Units
[F1][F2]2026-01-23+34,472→ 336,885 totalExercise: $0.00→ Common Shares of Beneficial Interests (34,472 underlying)
Footnotes (2)
- [F1]Represents long-term incentive partnership units ("LTIP Units") in Acadia Realty Limited Partnership ("ARLP"). The LTIPs are exchangeable on a 1:1 basis for common partnership units of ARLP ("Common Units") which in turn, are exchangeable on a 1:1 basis for common shares of beneficial interest of Acadia Realty Trust. There is no expiration date for the conversion of LTIP Units or Common Units.
- [F2]These LTIP Units in ARLP represent the LTIPs that Mr. Blacksberg has earned pursuant to the terms of his grant under the Company's 2023 outperformance plan, the amount of which depended on achieving certain performance criteria. The LTIPs are exchangeable on a 1:1 basis for Common Units, which in turn, are exchangeable on a 1:1 basis for common shares of beneficial interest of Acadia Realty Trust. There is no expiration date for the conversion of LTIP Units or Common Units.