CARLSON LEROY E 4

What Happened
Leroy E. Carlson, a director at Terreno Realty Corp (TRNO), received a grant/award of 2,462 shares on May 5, 2026. The Form 4 reports an acquisition code "A" at an acquisition price of $0.00, yielding a reported total value of $0 for the transaction. This was an award (compensatory grant), not an open-market purchase or a sale.

Key Details

• Transaction date: 2026-05-05; Form 4 filed: 2026-05-07 (timely filing within the standard two-business-day window). Accession: 0001476150-26-000027.
• Transaction type/code: A = Award/Grant. Price reported: $0.00; total reported value: $0.
• Shares acquired: 2,462 shares.
• Shares owned after transaction: Not specified in the provided filing data.
• Notable footnotes: None provided on the face of the filing (no 10b5-1, tax-withholding, or cashless-sale notes included).

Context
Awards to directors are typically part of compensation or retainer programs and may be subject to vesting or other restrictions; a $0.00 acquisition price on Form 4 often indicates no cash was paid at grant (e.g., restricted stock or units). Such grants are routine corporate governance/compensation actions and do not, by themselves, indicate a personal market buy or sell decision.