Gebert Richard D 4
Research Summary
AI-generated summary
Independence Realty (IRT) Director Richard Gebert Sells 500 Shares
What Happened
Richard D. Gebert, a director of Independence Realty Trust, sold 500 shares of IRT stock in an open-market transaction on 2026-02-02 at $16.73 per share, generating proceeds of $8,365. The sale is reported as a disposition (transaction code S).
Key Details
- Transaction date: 2026-02-02; Price: $16.73 per share; Shares sold: 500; Total proceeds: $8,365.
- Sale was made pursuant to a pre-established 10b5-1(c) trading plan adopted on 2024-12-05 (Footnote F1).
- Filing date: 2026-02-04 (reporting period 2026-02-02). No late-filing indication in this report.
- Shares owned after the transaction: Not disclosed in the provided filing excerpt.
Context
Sales by insiders can be routine (e.g., diversification or liquidity) or pre-planned; the presence of a 10b5-1 plan indicates this sale was executed under a prearranged trading program rather than a spontaneous decision. This was a straightforward open-market sale (not an option exercise, gift, or award).