|4Jan 28, 10:20 AM ET

DeAgazio Richard J 4

Research Summary

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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.