STOCKERT DAVID P 4
Research Summary
AI-generated summary
Rexford Industrial (REXR) Director David P. Stockert Buys 5,000 Shares
What Happened
- David P. Stockert, a director of Rexford Industrial Realty, acquired 5,000 shares of REXR stock in an open-market purchase on February 27, 2026.
- The weighted-average purchase price was $37.39 per share, for a total reported cost of $186,958. This purchase is recorded with transaction code "P" (purchase), which is generally viewed as a straightforward purchase rather than a sale.
Key Details
- Transaction date: 2026-02-27 (report period and filing date the same). Filing appears timely.
- Price(s): weighted average $37.39; actual trades executed at prices ranging from $37.24 to $37.56 (see footnote).
- Total reported value: $186,958.
- Shares owned after transaction: not disclosed in the provided Form 4 summary.
- Footnote: The reported price is a weighted average; the trade was executed in multiple transactions. A full breakdown of share counts at each price is available upon request to the SEC staff, the issuer, or a security holder of the issuer.
- Filing type: Form 4 (insider transaction report). No indication of late filing in the provided data.
Context
- This was a straightforward open-market purchase (P). Purchases by directors can be interpreted by some investors as a positive signal, but filings do not provide the insider's motivations—do not infer causation.
- No options exercises, gifts, tax withholdings, or 10b5-1 plan disclosures were reported in the summary provided.