MacCarthy John L 4
Research Summary
AI-generated summary
Nuveen Global Cities REIT Director John MacCarthy Receives Award
What Happened
John L. MacCarthy, a director of Nuveen Global Cities REIT, was granted 4,432.624 restricted shares on July 1, 2026. The filing reports an acquisition at $0.00 per share (total reported value $0), indicating these shares were issued as an award rather than a market purchase.
Key Details
- Transaction date: 2026-07-01; Price reported: $0.00 per share; Shares acquired: 4,432.624.
- Filing date (Form 4): 2026-07-06 — five days after the transaction date (Form 4s are normally due within two business days), so the filing appears late.
- Shares owned after transaction: not disclosed in the Form 4 provided.
- Footnote: grant includes restricted stock issued the first business day after the annual meeting and generally vests one year from the grant date.
Context
This was an equity award (compensation) for a director, not an open‑market purchase or sale. Restricted stock grants are common as part of director pay and typically vest over time; they do not necessarily signal immediate insider buying or selling intentions.