Sebra James J 4

What Happened

James J. Sebra, President, Chief Financial Officer and a director of Independence Realty Trust (IRT), had 6,283 shares forfeited on March 1, 2026 to satisfy tax withholding related to the vesting of stock. The shares were valued at $16.57 each, for a total of $104,109. This was a tax-withholding forfeiture (routine) rather than an open-market sale or a new purchase.

Key Details

• Transaction date: 2026-03-01
• Price per share: $16.57; Shares forfeited/disposed: 6,283; Total value: $104,109
• Transaction code: F (forfeiture to satisfy tax withholding) — footnote confirms it was solely to cover tax liability from vesting
• Filed with SEC: 2026-03-03 (no late filing indicated in the report)
• Shares owned after transaction: Not disclosed in this Form 4

Context

This was a "sell-to-cover" style withholding to pay taxes on vested shares, a common and administrative action that does not necessarily indicate the insider’s view on the company’s stock. For retail investors, such forfeitures are routine and differ from deliberate open-market sales or purchases that may more directly signal insider sentiment.