HOLLIDAY MARC 4
Research Summary
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SL Green (SLG) CEO Marc Holliday Sells 63,036 Shares
What Happened Marc Holliday, President & CEO and a director of SL Green Realty Corp. (SLG), disposed of 63,036 shares on January 30, 2026. The shares were redeemed to the issuer at $46.17 per share for a total cash value of $2,910,372. This disposition resulted from a conversion/redemption of LTIP (long-term incentive plan) units rather than an open-market sale.
Key Details
- Transaction date: 2026-01-30; price: $46.17 per share; total proceeds: $2,910,372.
- Transaction type: Disposition to issuer (derivative-related redemption of LTIP/Common Units).
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes: LTIP Units were converted into Common Units and those Common Units were presented for redemption; the issuer redeemed the Common Units for cash at a per-unit price based on the 10-day average closing price ending Jan 29, 2026 (see F1 & F2).
- Filing timeliness: Report filed 2026-02-03 for a 2026-01-30 transaction — filed within the required business-day window (timely).
Context
- This was a compensation-related redemption (LTIP conversion and cash-out), not an open-market sale. Such redemptions often reflect routine vesting/settlement of equity awards rather than immediate trading sentiment.
- For retail investors: derivative/award conversions and issuer redemptions are common ways insiders realize compensation value; they are factual disclosures of cash received, not direct indicators of management’s view of the stock price.