Whitestone REIT·4

Jul 15, 4:10 PM ET

Feng Amy Shih-Hua 4

Research Summary

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Whitestone REIT (WSR) Director Amy Feng Sells 69,507 Shares

What Happened

  • Director Amy Feng (Feng Amy Shih-Hua) had 69,507 Whitestone REIT shares converted into cash and received $19.00 per share, for a total payout of $1,320,633. The disposition was reported as a "disposition to the issuer" in connection with the company's merger.

Key Details

  • Transaction date: 2026-07-14; Form 4 filed: 2026-07-15 (timely filing).
  • Price per share: $19.00; Total cash received: $1,320,633.
  • Shares disposed: 69,507; Shares owned after transaction: 0 (reporting person no longer beneficially owns any Company Common Shares).
  • Footnote: Under the April 8, 2026 Merger Agreement, each Whitestone common share was converted into the right to receive $19.00 in cash (without interest, subject to withholding). As a result of the merger, the reporting person will cease to have reporting obligations after delisting/deregistration.
  • Transaction type code: disposition to the issuer (D) — the company paid cash for the shares as part of the merger.

Context

  • This was not a market sale but a cash conversion of shares under a merger agreement (i.e., shareholders received the merger consideration). Such transactions reflect corporate actions (merger consideration) rather than an insider choosing to sell on the open market, and the director now holds no remaining company shares.