Miller Donald A 4
Research Summary
AI-generated summary
Whitestone REIT (WSR) Director Donald A. Miller Sells 33,694 Shares
What Happened
- Donald A. Miller, a director of Whitestone REIT (WSR), disposed of 33,694 common shares on 2026-07-14 at $19.00 per share, receiving $640,186. The disposition was a "to the issuer" conversion tied to the company's merger.
Key Details
- Transaction date: 2026-07-14; Price: $19.00 per share; Proceeds: $640,186.
- Transaction type: Disposition to the issuer (conversion under Merger Agreement), not an open-market sale.
- Shares owned after transaction: 0 (Reporting person no longer beneficially owns any Whitestone common shares).
- Footnote: Under the Merger Agreement dated April 8, 2026, each Whitestone common share was converted into the right to receive $19.00 in cash (subject to applicable withholding taxes).
- Filing: Form 4 filed 2026-07-15 (timely).
Context
- This was a merger-related cash-out of holdings rather than a routine market sale; the director's holdings were converted into the merger consideration. After the company's delisting and deregistration, the reporting person will cease to have reporting obligations.