Fennerty Conor 4

What Happened
Conor Fennerty, EVP, Chief Financial Officer and Treasurer of Curbline Properties Corp. (CURB), was granted 49,326 restricted stock awards (RSAs) on June 25, 2026. The awards were reported on Form 4 as an acquisition (transaction code A) at $0.00 per share (no cash paid). This is a grant of equity compensation rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-25; Form 4 filed 2026-06-25 (appears filed same day).
• Transaction type/code: A — Grant/Award of restricted stock awards (RSAs).
• Shares granted: 49,326; acquisition price reported: $0.00 per share (no cash outlay).
• Shares owned after transaction: Not stated in the provided filing excerpt.
• Footnote: Grant made in accordance with the executive’s Amended and Restated Employment Agreement dated June 25, 2026.
• No 10b5-1 plan, tax withholding, or immediate sale indicated in the filing excerpt.

Context
RSAs are typically subject to vesting and forfeiture terms set by the employment agreement; until vested, they are generally not freely tradeable. A grant like this represents compensation, not an investment purchase by the insider — it increases the insider’s potential future stake but does not indicate an immediate cash transaction or market sentiment.