Whitestone REIT (WSR) Director Julia Bruns Sells 31,577 Shares

What Happened

• Julia Bruns, a director of Whitestone REIT (WSR), had 31,577 common shares converted and paid out at $19.00 per share as part of the company's merger. The disposition to the issuer generated $599,963 (before any applicable tax withholdings). This was a cash-out tied to the Merger Agreement, not an open-market sale.

Key Details

• Transaction date: 2026-07-14; reported on Form 4 filed 2026-07-15 (timely).
• Price: $19.00 per share; Total proceeds: $599,963.
• Transaction type/code: Disposition to issuer (D) — shares converted under the Merger Agreement.
• Shares owned after transaction: 0 — the filing notes the reporting person no longer beneficially owns any Company Common Shares.
• Footnotes: Per the Merger Agreement, each common share was converted into the right to receive $19.00 in cash (without interest and subject to applicable withholding). After the merger, the insider will cease reporting obligations due to the company's delisting/deregistration.

Context

• This was a merger-related cash-out (routine corporate transaction), not a market-driven sale by the insider. Such dispositions reflect the merger terms rather than a director's trading decision; avoid reading it as a buy/sell signal on company prospects.