Blacksberg Jason 4

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.