Grimes Steven P 4
Research Summary
AI-generated summary
Kite Realty (KRG) Director Steven P. Grimes Receives Award of 4,958 Shares
What Happened Steven P. Grimes, a director of Kite Realty Group Trust (KRG), was reported on a Form 4 to have acquired 4,958 shares on May 14, 2026. The transaction is coded as an award/grant (code A) with a reported acquisition price of $0.00, indicating shares were issued as compensation/award rather than an open‑market purchase.
Key Details
- Transaction date: 2026-05-14; Form 4 filed: 2026-05-18 (timely within two business days).
- Shares acquired: 4,958; reported price: $0.00 (award/grant).
- Footnote: 311 of the shares were acquired pursuant to the Kite Realty Group Trust Dividend Reinvestment and Share Purchase Plan (DRIP).
- Filing status: Timely (no late-filing flag noted).
- Shares owned after transaction: Not specified in the provided filing summary.
Context This was an award/issuance of shares (common for director compensation) rather than a cash purchase or sale. Such grants are typically part of routine compensation and do not by themselves indicate the insider’s short‑term market view.