Cooper Ross 4
Research Summary
AI-generated summary
Kimco (KIM) President Cooper Ross Surrenders 14,810 Shares for Taxes
What Happened
Cooper Ross, President and Director of Kimco Realty (KIM), relinquished 14,810 shares on Feb 13, 2026 as payment for tax liabilities tied to equity compensation. The shares were valued at $22.32 each, totaling about $330,559. This was a share-withholding/tax-payment transaction (code F), not an open-market sale.
Key Details
- Transaction date and price: Feb 13, 2026 — 14,810 shares at $22.32/share (total ≈ $330,559).
- Transaction type: Code F — payment of exercise price or tax liability (share surrender/withholding).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing date: Feb 17, 2026 (document filed with the SEC). No late-filing flag indicated in the provided details.
- Disposition: "Disposed" here reflects shares surrendered to satisfy tax obligations, not a public market sale.
Context
Share withholding to cover taxes is a common, administrative outcome when restricted stock vests or options are exercised; it is typically a routine liquidity measure rather than a directional trade signal. Because these shares were surrendered to the company to meet tax obligations (rather than sold on the open market), this action does not directly increase market supply.