GAW DAVID 4
4 · Plymouth Industrial REIT, Inc. · Filed Jan 28, 2026
Research Summary
AI-generated summary of this filing
Plymouth Industrial (PLYM) Director David Gaw Sells 47,069 Shares
What Happened
David Gaw, a director of Plymouth Industrial REIT, Inc. (PLYM), disposed of 47,069 shares to the issuer on January 27, 2026, at $22.00 per share, receiving $1,035,518. The disposition was made in connection with the Merger Agreement; each share was converted into the right to receive $22.00 in cash at the effective time of the REIT merger.
Key Details
- Transaction date: 2026-01-27
- Transaction type: Disposition to issuer (Code D)
- Price per share: $22.00
- Shares disposed: 47,069
- Gross proceeds: $1,035,518
- Filing date: 2026-01-28 (appears timely; not flagged as late)
- Shares owned after transaction: Not specified in the provided filing
- Footnote: F1 — Shares were converted under the Merger Agreement into cash consideration of $22.00 per share (without interest and subject to required withholding taxes).
Context
This was a merger-related cash-out (shares converted into cash under the Merger Agreement), not an open-market sale. Such dispositions commonly occur as part of M&A transactions and should be viewed as transaction mechanics rather than a straightforward insider sentiment signal.
Insider Transaction Report
- Disposition to Issuer
Common Stock
[F1]2026-01-27$22.00/sh−47,069$1,035,518→ 0 total
Footnotes (1)
- [F1]Represents shares of the Issuer's common stock, par value $0.01 per share (collectively, the "Shares"), disposed of in connection with the Agreement and Plan of Merger, dated as of October 24, 2025 (the "Merger Agreement"), by and among the Issuer, Plymouth Industrial OP, LP, PIR Ventures LP, PIR Industrial REIT LLC ("REIT Merger Sub"), and PIR Industrial OP LLC. In accordance with the Merger Agreement, at the effective time of the merger of the Issuer with and into REIT Merger Sub (the "REIT Merger"), each Share held by the reporting person was converted into the right to receive an amount in cash equal to $22.00 (the "Merger Consideration"), without interest and subject to any required withholding taxes.