Sebra James J 4

What Happened
James J. Sebra, President, Chief Financial Officer and a Director of Independence Realty Trust (IRT), was issued performance-based equity awards on 2026-02-03 totaling 70,142 shares (53,928 and 16,214 shares), each reported at $0.00 as awards. On the same date 12,382 shares were forfeited/disposed to satisfy tax withholding at $16.26 per share, generating proceeds of $201,331. The awards relate to performance share units certified on 2/3/26; 50% vested on 2/3/26 and the remaining 50% vests on 1/1/27.

Key Details

• Transaction date: 2026-02-03; Form 4 filed 2026-02-05 (timely).
• Awards: 53,928 and 16,214 shares granted (code A), acquisition price $0.00.
• Tax withholding: 12,382 shares forfeited (code F) at $16.26 → $201,331 to cover taxes.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: F1 — awards are performance share units with 50% immediate vesting and 50% on 1/1/27; F2 — forfeiture solely for tax withholding.
• Transaction codes: A = award/grant; F = tax withholding/forfeiture (not an open-market sale).

Context
These were equity awards tied to performance, not purchases, and the forfeiture was a tax-withholding mechanism common on vesting events — not necessarily an indicator of insider sentiment. The filing reports the vesting schedule; the remaining tranche vests in 2027.