Todd Candice W 4

What Happened Todd Candice W, a director of Highwoods Properties, received an award of 3,566 shares on 2026-05-14. The shares were granted as time-based restricted stock reported at $0.00 (grant value $0) and are scheduled to vest on May 14, 2027. This is a compensation grant rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-05-14; reported filing date: 2026-05-18 (filing appears late relative to the 2-business‑day Form 4 deadline).
• Price: $0.00 per share; total reported value $0 (typical for restricted stock grants).
• Shares awarded: 3,566 restricted shares.
• Shares owned after transaction: Not specified in the provided excerpt—see the full Form 4 for total beneficial ownership.
• Footnote: F1 — Consists of time‑based restricted stock scheduled to vest on May 14, 2027.

Context Time‑based restricted stock vests after a specified period and is typically nontransferable until vesting; it represents compensation, not an immediate market investment. Such grants do not necessarily signal insider buying sentiment, but the vesting date is when the shares become available for sale or ownership consolidation—investors may watch that date for future insider activity. The late filing reduces the timeliness of public disclosure; consult the full Form 4 for complete holdings and any additional disclosures.