Independence Realty (IRT) Director Richard D. Gebert Sells 500 Shares

What Happened
Richard D. Gebert, a director of Independence Realty Trust, sold 500 shares on 2026-10-01 at $14.47 per share, generating proceeds of $7,235. The Form 4 reports the sale was made pursuant to a 10b5‑1(c) trading plan adopted on 2025-12-03.

Key Details

• Transaction date: 2026-10-01; Price: $14.47 per share; Shares sold: 500; Total proceeds: $7,235.
• Transaction code: S (Sale), reported as an open‑market or private sale on the Form 4.
• Footnote: Sale was executed under a 10b5‑1(c) prearranged trading plan dated 2025-12-03.
• Shares owned after the transaction: not specified in the provided excerpt (see the full filing for post‑transaction holdings).
• Filing/Period of Report: 2026-10-01 (filing appears timely based on the provided dates).

Context
A 10b5‑1(c) trading plan allows insiders to set up scheduled trades in advance and can reduce the inference that a sale reflects current, nonpublic company information. Sales by directors are common and often routine; they do not by themselves indicate a change in company fundamentals. For full ownership context and to assess significance, check the complete Form 4 for total holdings and any other recent insider activity.