Saladino Anthony 4
4 · Plymouth Industrial REIT, Inc. · Filed Jan 28, 2026
Research Summary
AI-generated summary of this filing
Plymouth Industrial (PLYM) President/CFO Anthony Saladino Sells 127,314 Shares
What Happened
Anthony Saladino, President and Chief Financial Officer of Plymouth Industrial REIT, disposed of 127,314 shares of PLYM on January 27, 2026. The shares were converted into cash at $22.00 per share as part of the companies' Merger Agreement, yielding $2,800,908 in merger consideration. This was a disposition to the issuer under the merger (not an open-market sale).
Key Details
- Transaction date: 2026-01-27; Price: $22.00 per share; Total consideration: $2,800,908. (Disposition code: D)
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: Conversion occurred pursuant to the Agreement and Plan of Merger dated October 24, 2025; each share was converted into the right to receive $22.00 in cash (see F1).
- Filing date: Form 4 filed on 2026-01-28 for the 2026-01-27 transaction (appears timely under Form 4 reporting rules).
Context
This transaction arises from a corporate merger—shares were converted into cash per the Merger Agreement—so it reflects deal terms rather than a typical insider sale for personal liquidity. For retail investors, merger-driven dispositions are procedural and do not necessarily indicate insider sentiment about the company's future performance.
Insider Transaction Report
- Disposition to Issuer
Common Stock
[F1]2026-01-27$22.00/sh−127,314$2,800,908→ 0 total
Footnotes (1)
- [F1]Represents shares of the Issuer's common stock, par value $0.01 per share (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.