Schultz Peter 4

What Happened Peter Schultz, Executive Vice President — East Region at First Industrial Realty Trust (FR), reported two gift transactions on Feb 19, 2026, transferring 100 shares each (total 200 shares) to his adult children. Both transactions are coded as gifts (G) and are reported as dispositions; no per‑share price or total dollar value is provided on the filing.

Key Details

• Transaction date: 2026-02-19; Form 4 filed: 2026-02-20 (filed the next day, which is timely).
• Reported transactions: two gifts of 100 shares each, total 200 shares; price listed as N/A (gifts typically show no sale price).
• Shares owned after the transactions: not disclosed in the provided filing.
• Footnote F1: the securities were bona fide gifts to the reporting person’s adult children.
• Filing status: appears timely (no late‑filing indication).

Context Gifts (code G) are disposals but are not market sales and generally do not signal the insider’s view of the company’s stock price; they are often for personal, family, or estate‑planning reasons. Retail investors should treat these transfers as non‑transactional for market sentiment unless accompanied by sales or purchases.