Hammes Gregory P. 4
Research Summary
AI-generated summary
Sterling Real Estate Trust Trustee Gregory Hammes Receives 25.62 Shares
What Happened Gregory P. Hammes, a trustee of Sterling Real Estate Trust, acquired a total of 25.617 shares on 2026-04-15 through grant/award-type acquisitions. The filing shows two allotments: 17.910 shares at $24.22 valued at $434 and 7.707 shares at $24.22 valued at $187, for a combined value of roughly $621. This was an acquisition (code A), not a sale.
Key Details
- Transaction date: 2026-04-15; filing date: 2026-04-17 (appears timely).
- Price reported: $24.22 per share for both entries.
- Shares acquired: 17.910 and 7.707 (total 25.617 shares); reported values $434 and $187.
- Shares owned after the transaction: not disclosed in the provided filing.
- Footnote: F1 — includes shares acquired on 4/15/26 under the dividend investment plan (dividend reinvestment).
- Transaction code: A (grant/award or other acquisition). No 10b5-1 or tax-withholding notes shown.
Context These shares were acquired via the dividend reinvestment plan, meaning dividends were used to purchase additional shares—typically a routine corporate action rather than an active market buy. Such dividend reinvestments are common and don't necessarily signal a change in the insider's view of the company.