GUINEE JOHN W III 4

What Happened
John W. Guinee III, a director of Plymouth Industrial REIT, disposed of 47,069 shares of the company's common stock. The shares were converted into cash at $22.00 per share, producing total proceeds of $1,035,518. This was a disposition tied to the company's merger agreement (not an open-market sale).

Key Details

• Transaction date: 2026-01-27; filing date: 2026-01-28 (filed timely).
• Transaction type/code: Disposition to issuer (D) under the Merger Agreement.
• Price and value: $22.00 per share; total $1,035,518.
• Shares owned after transaction: Not specified in the provided filing summary.
• Footnote: Per the Merger Agreement dated October 24, 2025, each share held by the reporting person was converted into the right to receive $22.00 in cash (the "Merger Consideration"), without interest and subject to applicable withholding taxes.

Context
This was a merger-related cash-out (shares converted into merger consideration), not a routine open-market sale or purchase. Such conversions reflect transaction terms from the Merger Agreement rather than an insider trading signal; no motivation should be inferred from this filing alone.