Fitzmaurice Michael 4
Research Summary
AI-generated summary
Rexford (REXR) CFO Michael Fitzmaurice Buys 2,650 Shares
What Happened
Michael Fitzmaurice, Chief Financial Officer of Rexford Industrial Realty, reported an open-market purchase of 2,650 shares of REXR common stock on February 27, 2026. The shares were acquired at $37.55 per share for a reported total of $99,507. This was a direct purchase (transaction code P), not an option exercise or award.
Key Details
- Transaction date: 2026-02-27
- Transaction type and size: Open-market purchase of 2,650 shares at $37.55 each (total $99,507)
- Shares owned after transaction: The filing does not list common-stock shares held after the purchase; it does report that the reporting person also owns 19,431 LTIP Units (limited partnership units in Rexford Industrial Realty, L.P.) [Footnote F1].
- Filing timeliness: Form 4 was filed with an effective/reporting date of 2026-02-27 (no late filing indicated).
Context
This was a straight buy of common shares (no options exercised, no sale, and no gift). Purchases by officers are often highlighted by investors as a potential positive signal, but the filing itself provides only the transaction facts and does not state the insider’s motives.