SL GREEN REALTY CORP·4

Jun 25, 8:57 PM ET

DiLiberto Matthew J. 4

Research Summary

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SL Green (SLG) CFO Matthew DiLiberto Redeems 18,735 Units for $948,928

What Happened Matthew J. DiLiberto, Chief Financial Officer of SL Green Realty Corp., disposed of 18,735 LTIP-derived units on June 24, 2026 that were redeemed by the issuer for cash at $50.65 per unit, resulting in proceeds of approximately $948,928. This was a derivative disposition (conversion of LTIP Units to Common Units followed by redemption) rather than an open-market sale.

Key Details

  • Transaction date: June 24, 2026; Filing date: June 25, 2026 (Form 4) — timely filing.
  • Transaction type/code: Disposition to issuer (D); derivative transaction (LTIP Units → Common Units → redeemed for cash).
  • Price and proceeds: $50.65 per unit; total proceeds ~$948,928.
  • Shares owned after transaction: Not specified in the provided filing details.
  • Relevant footnotes: F1/F2 — LTIP Units are equity awards that can be converted into Common Units and, per the partnership agreement, those Common Units were presented for redemption and redeemed for cash based on the average closing price of SLG common stock for the 10 trading days ending June 23, 2026.
  • No indication of a 10b5-1 plan, gift, tax withholding, or late filing in the disclosed information.

Context This was a compensation-related conversion and issuer redemption of long-term incentive plan units; such redemptions are commonly routine monetizations of equity awards and do not necessarily signal personal trading decisions in the open market. The transaction treated the LTIP units as derivative awards that were converted and cashed out rather than exercised and sold on the exchange.