PARSONS ROBERT E JR 4
Research Summary
AI-generated summary
Nuveen Global Cities REIT Director Parsons Receives 5,540.78-Share Award
What Happened
- Robert E. Parsons Jr., a director of Nuveen Global Cities REIT, received a total of 5,540.78 shares on July 1, 2026 through two award grants. The grants consist of 4,432.62 restricted shares and 1,108.16 unrestricted shares, each recorded at $0.00 per share (no cash outlay reported).
Key Details
- Transaction date: 2026-07-01; Form 4 filed: 2026-07-06.
- Grant details: 4,432.62 shares (restricted; generally vests one year from grant date — see F1) and 1,108.16 shares (unrestricted; granted based on most recent transaction price — see F2).
- Price: $0.00 per share (award/grant), so reported acquisition value for insider = $0.
- Shares owned after transaction: not specified in the filing.
- Remarks/file reference: parsonspoa.txt (included with the filing).
- Filing notes: filing date is 2026-07-06 for a 2026-07-01 transaction; the report does not indicate any 10b5-1 plan or tax-withholding sale.
Context
- These awards are compensatory grants rather than open-market purchases or sales; restricted shares typically vest over time and do not necessarily indicate immediate market sentiment.
- For retail investors, award grants to directors are common as part of compensation and should be weighed with other insider transactions and company fundamentals.