Kitlowski Aaron 4
4 · SITE Centers Corp. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
SITE Centers (SITC) EVP Aaron Kitlowski Disposes 3,916 Shares for Taxes
What Happened
Aaron Kitlowski, EVP & General Counsel of SITE Centers (SITC), disposed of 3,916 shares on Feb 28, 2026. The reported per-share value was $6.16, for a total of approximately $24,123. The Form 4 shows the transaction code "F," indicating the shares were surrendered/withheld to satisfy tax withholding or to pay the exercise price — a routine administrative disposition rather than an open-market sale for investment reasons.
Key Details
- Transaction date: February 28, 2026
- Price per share reported: $6.16
- Shares disposed: 3,916 — total value ≈ $24,123
- Transaction code: F (payment of exercise price or tax liability / tax withholding)
- Filing date: March 3, 2026 — appears timely (filed within required business-day window)
- Shares owned after transaction: not specified in the provided filing summary
Context
This type of withholding/disposition is common when insiders exercise options or receive restricted stock and the company withholds shares to cover tax obligations. It is generally viewed as an administrative action and not a clear signal of the insider’s view on the company’s stock. The dollar amount here is modest relative to typical insider transactions.
Insider Transaction Report
- Tax Payment
Common Shares
2026-02-28$6.16/sh−3,916$24,123→ 109,182 total