DeAgazio Richard J 4
4 · Plymouth Industrial REIT, Inc. · Filed Jan 28, 2026
Research Summary
AI-generated summary of this filing
Plymouth Industrial (PLYM) Director Richard J. DeAgazio Sells 43,270 Shares
What Happened
Richard J. DeAgazio, a director of Plymouth Industrial REIT, disposed of 43,270 shares of the company's common stock on January 27, 2026. The shares were converted into cash under the Merger Agreement at $22.00 per share, producing proceeds of $951,940. The Form 4 was filed on January 28, 2026.
Key Details
- Transaction type: Disposition to issuer (code D) in connection with a merger.
- Transaction date: 2026-01-27; Filing date: 2026-01-28 (timely — within Form 4 filing window).
- Price: $22.00 per share; Total proceeds: $951,940.
- Footnote: Per the Merger Agreement dated October 24, 2025, each share was converted into the right to receive $22.00 in cash (without interest and subject to applicable withholding).
- Shares owned after the transaction: Not specified in the provided filing.
Context
This was not an open-market sale but a disposition tied to the REIT Merger — shares were converted into merger consideration rather than sold into the market. Such merger-related dispositions reflect deal terms rather than an individual insider’s active selling decision.
Insider Transaction Report
Form 4Exit
DeAgazio Richard J
Director
Transactions
- Disposition to Issuer
Common Stock
[F1]2026-01-27$22.00/sh−43,270$951,940→ 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.
Signature
/s/ Anthony Saladino, as attorney-in-fact for Richard J. DeAgazio|2026-01-28