COTTONE PHILIP S 4

What Happened
Philip S. Cottone, a director of Plymouth Industrial REIT, disposed of 30,278 shares on January 27, 2026. The shares were converted to cash under the company’s Merger Agreement at $22.00 per share, for total proceeds of $666,116. This was a disposition tied to the REIT merger (not an open‑market sale).

Key Details

• Transaction date: 2026-01-27; filing date (Form 4): 2026-01-28.
• Price / consideration: $22.00 per share; total received: $666,116.
• Transaction type: Disposition to issuer in connection with the Merger Agreement (footnote F1).
• Footnote: Each share was converted into the right to receive $22.00 in cash at the effective time of the merger, without interest and subject to withholding taxes.
• Shares owned after the transaction: not specified in the provided filing details.
• Timeliness: Filed one day after the reported transaction date (no late‑filing flag shown).

Context
This was a merger-related conversion of shares into a cash payment under the Merger Agreement, which is a routine corporate transaction and not an open-market trade signaling a director’s buy/sell decision. Such dispositions convert existing holdings into the agreed merger consideration and may be subject to required withholding taxes.