Gottfried John J. 4

4 · ACADIA REALTY TRUST · Filed Feb 20, 2026

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Updated Feb 20, 2026

Acadia Realty (AKR) CFO John Gottfried Receives LTIP Award

What Happened

John J. Gottfried, Executive Vice President and Chief Financial Officer of Acadia Realty Trust (AKR), was awarded 64,480 long-term incentive partnership units ("LTIP Units") in Acadia Realty Limited Partnership (ARLP) on Feb 18, 2026. The award was a grant (no cash paid) and is reported as a derivative grant with an acquisition price of $0.00.
LTIP Units are exchangeable 1:1 for ARLP common partnership units, which in turn are exchangeable 1:1 for Acadia common shares. The filing does not report an immediate cash value realized.

Key Details

Transaction date: February 18, 2026; Form 4 filed February 20, 2026 (timely filing shown).
Grant: 64,480 LTIP Units; reported acquisition price $0.00 (award/grant).
Vesting: 25,980 units vest in equal installments on Jan 6, 2027 and each of the next four anniversaries; 38,500 units vest in equal installments on Jan 6, 2027 and the first and second anniversaries thereafter and are subject to a two‑year post‑vesting hold period (see footnotes).
Shares owned after transaction: not disclosed in the filing.
Not included: this grant figure excludes LTIP Units tied to the company’s outperformance plan (vesting tied to relative/absolute performance metrics rather than time).

Context

These LTIP Units are a typical form of executive compensation/retention. They are derivative awards convertible into company units/shares over time and subject to continued employment and, for certain LTIPs, post‑vesting holding requirements.
The award does not represent an open‑market purchase or sale and does not by itself indicate immediate buying or selling of shares.

Form 4

Period: 2026-02-18

Executive VP and CFO

Transactions

Award
LTIP Units
[F1][F2][F3]
2026-02-18+64,480→ 484,828 total
Exercise: $0.00→ Common Shares of Beneficial Interests (64,480 underlying)

Footnotes (3)

[F1]Represents long-term incentive partnership units ("LTIP Units") in Acadia Realty Limited Partnership ("ARLP"). The LTIPs are exchangeable on a 1:1 basis for common partnership units of ARLP ("Common Units") which in turn, are exchangeable on a 1:1 basis for common shares of beneficial interest of Acadia Realty Trust. There is no expiration date for the conversion of LTIP Units or Common Units.
[F2]On February 18, 2026, Mr. Gottfried was awarded these restricted LTIP Units in ARLP. Of the 64,480 LTIP Units granted to Mr. Gottfried, (i) 25,980 will vest in equal amounts on January 6, 2027 and on each of the first, second, third and fourth anniversaries thereof, and (ii) 38,500 will vest in equal amounts on January 6, 2027 and on each of the first and second anniversaries thereof, and will be subject to a post-vesting two-year hold period; in each case, provided that Mr. Gottfried continues to be employed on the vesting date and subject to customary exceptions.
[F3]This figure excludes LTIP Units granted under the Company's outperformance plan, the vesting of which is subject to conditions, other than the passage of time and continued employment, which are not tied solely to the marked price of an equity security of the Company. The vesting conditions for the Company's outperformance plan relate to the Company's shareholder return relative to the total shareholder return of a basket of peer group companies and absolute performance of the Company's same-property income.

Signature

/s/ John Gottfried|2026-02-20

1 file