Gebert Richard D 4
Research Summary
AI-generated summary
INDEPENDENCE REALTY TRUST (IRT) Director Richard Gebert Receives 6,197 Shares
What Happened
- Richard D. Gebert, a director of Independence Realty Trust, Inc. (IRT), was granted 6,197 shares on May 13, 2026. The reported transaction is an award/acquisition (code A) at $0.00 per share, i.e., no cash was paid for the shares.
Key Details
- Transaction date: 2026-05-13; Form 4 filed: 2026-05-15 (timely filing).
- Transaction type/code: Award/Grant (A).
- Shares awarded: 6,197; reported price: $0.00 per share (total cash paid $0).
- Shares owned after transaction: not specified in the provided filing.
- No additional footnotes (e.g., 10b5-1 plan, tax withholding) were disclosed in the information provided.
Context
- Grants to directors are commonly part of compensation or retention programs and do not necessarily signal a buy/sell view on the stock. Unlike open-market purchases, awards reflect compensation decisions rather than the insider spending personal funds to buy shares.