Solomon Lesley H 4
Research Summary
AI-generated summary
Curbline (CURB) EVP Solomon Lesley Receives Restricted Stock Award
What Happened
Lesley H. Solomon, Executive Vice President & General Counsel of Curbline Properties Corp. (CURB), received an annual grant of 3,828 restricted shares on 2026-02-22 (code A; acquisition price $0). To satisfy tax withholding on the award, 640 shares were surrendered (code F) at $27.25 per share, generating $17,440.
Key Details
- Transaction dates: 2026-02-22 (award and tax withholding); Form 4 filed 2026-02-24 — appears timely.
- Award: 3,828 restricted shares granted at $0 (service-based RSU grant).
- Tax withholding: 640 shares disposed at $27.25 each for $17,440 (surrendered to cover tax liability).
- Shares owned after the transactions: not reported in this filing.
- Footnote: This is the annual service-based restricted stock grant per Ms. Solomon’s employment agreement (Sept 1, 2024, amended Sept 26, 2025). The shares vest ratably on the first four anniversaries of the grant date, subject to continued employment.
- Transaction codes: A = Award/Grant; F = Tax withholding (shares surrendered to satisfy taxes).
Context
This was an equity award, not an open-market purchase or a discretionary sale. The surrender of shares to cover taxes is a routine administration of the grant and does not necessarily signal insider sentiment. The award vests over four years, so the shares are subject to forfeiture if Ms. Solomon leaves before vesting.