4Filed Jul 14, 8:00 PM ET
Whitestone REIT (WSR) Director Kristian M. Gathright Sells 15,789 Shares
$WSR · Whitestone REITResearch Summary
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Whitestone REIT (WSR) Director Kristian M. Gathright Sells 15,789 Shares
What Happened
Kristian M. Gathright, a director of Whitestone REIT (WSR), had 15,789 common shares converted into cash at $19.00 per share on July 14, 2026, resulting in proceeds of $299,991. This was a disposition to the issuer under the company's merger, not a typical open-market sale.
Key Details
- Transaction date: 2026-07-14; Price: $19.00 per share; Shares disposed: 15,789; Total: $299,991.
- Transaction type/code: Disposition to issuer (D) as reported on Form 4.
- Shares owned after transaction: 0 (reporting person no longer beneficially owns Company common shares).
- Footnote: Per the Merger Agreement (April 8, 2026), each Whitestone common share was converted into the right to receive $19.00 in cash (without interest, net of taxes).
- Filing timeliness: Reported on 2026-07-15 for a 2026-07-14 transaction (filed promptly).
Context
This transaction arose from a company merger and resulting delisting/deregistration; the conversion of shares to cash is a corporate event rather than discretionary insider selling. After the merger and delisting, the reporting person will cease to have Form 4 reporting obligations.