PARSONS ROBERT E JR 4
Research Summary
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Nuveen Global Cities REIT Director Robert Parsons Receives Stock Award
What Happened Robert E. Parsons Jr., a director of Nuveen Global Cities REIT, received a grant/award of 1,107.174 shares on April 1, 2026. The shares were valued at $11.29 each, for a total award value of $12,500. The transaction is recorded as an award/grant (code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-01; Filing date: 2026-04-02 (timely filing).
- Shares granted: 1,107.174; Price used: $11.29 per share; Total value: $12,500.
- Shares owned after transaction: not disclosed in the provided filing.
- Footnote: Unrestricted stock was granted on the first business day following the stockholders' meeting and was granted based on the most recent transaction price.
- Transaction code: A = Award/Grant. No 10b5-1 plan, tax withholding, or cashless sale noted in the provided data.
Context This was a stock award (unrestricted shares) to a director, which is typically a routine form of compensation/recognition rather than an outright market purchase or sale. Awards neither confirm nor refute insider sentiment about the company's stock; they reflect compensation practices and board-related grants.