Plymouth Industrial REIT, Inc.·4

Jan 28, 10:19 AM ET

Murphy Caitlin 4

Research Summary

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Plymouth Industrial REIT (PLYM) Director Caitlin Murphy Sells Shares

What Happened

  • Caitlin Murphy, a director of Plymouth Industrial REIT (PLYM), disposed of 15,489 common shares on 2026-01-27. The shares were converted into cash at $22.00 per share under the companies' merger agreement, resulting in proceeds of $340,758.

Key Details

  • Transaction date and price: 2026-01-27 at $22.00 per share.
  • Shares disposed: 15,489; Total proceeds: $340,758.
  • Transaction type: Disposition to the issuer (D) in connection with the Agreement and Plan of Merger.
  • Footnote: Per the Merger Agreement, each share was converted into the right to receive $22.00 in cash (the “Merger Consideration”), without interest and subject to applicable withholding taxes.
  • Shares owned after transaction: Not specified in the provided filing.
  • Filing timeliness: No late filing indicated in the information provided.

Context

  • This was not an open-market sale but a merger-related conversion of shares into cash under the REIT merger agreement. Such dispositions are routine when shares are cashed out in a corporate transaction and do not necessarily reflect the insider’s view of ongoing company prospects.