SITE Centers Corp.·4

Feb 24, 4:05 PM ET

Kitlowski Aaron 4

Research Summary

AI-generated summary

Updated

SITE Centers EVP Aaron Kitlowski Sells 1,284 Shares for Taxes

What Happened

  • Aaron Kitlowski, EVP and General Counsel of SITE Centers Corp. (SITC), disposed of 1,284 shares on 2026-02-22 at $6.65 per share, generating $8,539. The Form 4 records the transaction code "F"—payment of exercise price or tax liability—indicating the shares were surrendered to satisfy tax withholding tied to equity compensation rather than sold in the open market.

Key Details

  • Transaction date and price: 2026-02-22 at $6.65 per share
  • Shares disposed: 1,284; total value reported: $8,539
  • Transaction code: F (payment of exercise price or tax liability — tax withholding)
  • Shares owned after transaction: not specified in the provided filing
  • Filing date: 2026-02-24 (covers 2026-02-22 transaction) — appears to be filed within the normal Form 4 reporting window

Context

  • This was a tax-withholding disposition related to equity compensation (not an open-market sale), a routine administrative action that does not necessarily indicate the insider's view on the company’s stock.
  • Purchases by insiders tend to be more informative about sentiment; tax withholding events like this are common after option exercises or awards.